Adam Dewitt Buys Shares of RB Global, Inc.
Insider Adam Dewitt purchased 25 shares of RB Global, Inc. on June 18, 2026.
Key Points
- Adam Dewitt purchased 25 shares of RB Global, Inc. on June 18, 2026, with the stock trading at $109.08 on Monday.
- RB Global, Inc. has a market cap of $20.6 billion and a P/E ratio of 51.4, with a 52-week high of $119.58.
- Institutions like BlackRock and Vanguard have increased their stakes in RB Global, Inc., while analysts maintain positive outlooks with high price targets.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
Adam Dewitt, an insider at RB Global, Inc., bought 25 shares of the company on June 18, 2026. This purchase comes as the stock traded at $109.08 on the NYSE on Monday.
Insider Buying and Selling at RB Global, Inc.
On June 18, 2026, several insiders, including Adam Dewitt, made purchases of RB Global, Inc. shares. Dewitt acquired 25 shares, while other insiders like Chloe Harford and Gregory Morrison bought 6 shares each. These transactions were not part of any pre-planned trading programs.
Other Institutional Activity in RB Global, Inc.
Institutional investors have also been active with RB Global, Inc. BlackRock, Inc. added 410,378 shares, bringing its total to 15,428,970 shares valued at approximately $1.48 billion, marking a 2.7% increase. Vanguard Capital Management LLC opened a new position with 13,308,377 shares worth about $1.28 billion. Meanwhile, Massachusetts Financial Services Co. increased its holdings by 348,466 shares to a total of 11,240,652 shares valued at around $1.1 billion, a 3.2% increase. EdgePoint Investment Group Inc. added 1,111,217 shares, bringing its total to 8,812,865 shares worth approximately $845.3 million, marking a 14.4% increase. In contrast, FIL LTD reduced its stake by 2,396,611 shares, leaving it with 6,245,775 shares valued at about $598.9 million, a decrease of 27.7%.
RB Global, Inc. Stock Up 26.7%
Shares of NYSE:RBA traded near $109.08 on Monday. RB Global, Inc. boasts a market cap of $20.6 billion and a P/E ratio of 51.4, with a forward P/E of 22.7. The stock's beta is 0.564, indicating lower volatility compared to the market. It has a 52-week low of $93.58 and a high of $119.58. The 50-day moving average is $104.82, and the 200-day moving average is $104.94. The company maintains a current ratio of 1.138 and a quick ratio of 0.662, with a debt-to-equity ratio of 72.778.
$RBA stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
In its recent earnings report, RB Global, Inc. posted revenue of $4.72 billion, reflecting a 11.4% growth. The company reported an EPS of $2.15, with a net margin of 9.55% and a return on equity of 7.58%. The next earnings release is scheduled for August 6, 2026.
Dividend
RB Global, Inc. offers an annual dividend rate of $1.24, yielding 1.12%. The company's dividend payout ratio stands at 56.74%.
Analysts Set New Price Targets
On May 28, 2026, Barclays initiated coverage on RB Global, Inc. with a 'buy' rating and a $124 price target. RBC Capital maintained its 'buy' rating with a high target of $150 on May 5, 2026. The consensus among 11 analysts suggests a target mean price of $127.73, with a high target of $150 and a low target of $103.
About RB Global, Inc.
RB Global, Inc., headquartered in Westchester, Illinois, operates a marketplace for commercial assets and vehicles. It includes brands like Ritchie Bros., a major auctioneer, and IAA, a digital vehicle marketplace. The company provides services such as asset management, financial solutions, and logistics. Led by CEO Mr. James F. Kessler, RB Global employs about 8,000 people and serves various industries, including automotive and construction.
Bottom Line
Insider activity at RB Global, Inc. signals ongoing interest in the company, with Adam Dewitt among the recent buyers. Institutional investors have also shown confidence by increasing their stakes. While analyst opinions remain favorable, it's important to remember that insider and institutional activities are backward-looking indicators.
Get RB Global, Inc. alerts
New 13F filings, insider trades, and analyst moves on $RBA, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.
