Insider Trading Roundup: Ritchie Bros. Auctioneers Incorporated $RBA

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Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) insider have most recently took part in a trading activity. On Aug 25, 2017 Driscoll Sharon Ruth, CFO bought 1,000 shares having total worth of $28,590 at the price of $28.59 per share, following the transaction a total of 2,644 shares owned by Driscoll Sharon Ruth.

Furthermore, over the past 12 months , the stock was traded 2 times by insiders. In 2 of these trades, the insider was a seller .

Shares of Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) traded up 0.07% on Aug 25, 2017, hitting $28.63. 378,054 shares of the company’s stock traded hands. Ritchie Bros. Auctioneers Incorporated has a 52 week low of $24.44 and a 52 week high of $38.77. The company’s market cap is $3,650 million.

Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) last announced its earnings results on Aug 8, 2017. The company reported 0.33 earnings per share (EPS) for the quarter, higher than the consensus estimate of 0.31 by $0.02. The company had revenue of $166 million for the quarter, compared to the consensus estimate of $162 million. During the same quarter in the previous year, the company posted 0.37 earnings per share. The company’s revenue for the quarter was up 5% on a year-over-year basis.

2017-08-08 2017-08-07 2017-05-04 2017-02-21 2016-11-09 2016-08-08 2016-05-09 2016-02-25 2015-11-05 2015-08-06
earnings per share 0.33 0.00 0.12 0.30 0.20 0.37 0.27 0.29 0.19 0.43
Revenue(M) 166.19 0 124.5 146.77 128.88 158.81 131.95 135.46 109.32 155.48

Ritchie Bros. Auctioneers incorporated in Canada under the Canada Business Corporation Act. The Company operates as an industrial auctioneer selling industrial equipment and other assets for the construction, transportation, material handling, mining, forestry, petroleum, marine, real estate, and agricultural industries at its unreserved auctions worldwide. The Company’s purpose is to use unreserved auctions to create a global marketplace for its customers. It attracts a base of bidders from around the world to its auctions. The Company’s marketing efforts help to attract bidders, and they are willing to travel long distances or participate online in part because of its reputation for conducting fair auctions. These diverse, multinational bidding audiences provide a marketplace that allows its auctions to transcend local market conditions. It operates mainly in the auction segment of the global industrial equipment marketplace. The Company’s target markets within that marketplace are the used truck and equipment segment. It competes for potential purchasers of industrial equipment with other auction companies and with non-auction competitors such as equipment manufacturers, distributors and dealers, and equipment rental companies. The majority of its buyers are end users of equipment (retail buyers), such as contractors, with the remainder being mainly truck and equipment dealers, rental companies and brokers (wholesale buyers). The Company’s operations are subject to a variety of federal, provincial, state and local laws, rules and regulations relating to, among other things, the auction business, imports and exports of equipment, worker health and safety and the use, storage, discharge and disposal of environmentally sensitive materials.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.