Elton Robert George Acquires Shares in RB Global, Inc.
Elton Robert George purchased shares of RB Global, Inc. on June 18, 2026.
Key Points
- Elton Robert George bought shares of RB Global, Inc. on June 18, 2026, with the stock trading at $107.85.
- RB Global, Inc. has a market cap of $20.24 billion, a P/E ratio of 50.53, and a 52-week range of $93.58 to $119.58.
- Analysts from Barclays and RBC Capital recently set price targets of $124 and $150, respectively, for RB Global, Inc.
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Elton Robert George made a notable purchase of shares in RB Global, Inc. (NYSE:RBA) on June 18, 2026. This transaction was not part of a pre-arranged trading plan. Shares of RB Global were trading at $107.85 on Wednesday.
Insider Buying and Selling at RB Global, Inc.
Elton Robert George, along with other insiders like Carol Stephenson and Timothy O'Day, made multiple share purchases on June 18, 2026. George acquired 113 shares in total on this day, while Stephenson and O'Day also added to their holdings. These transactions were not conducted under Rule 10b5-1 plans, indicating they were not part of a pre-scheduled trading plan.
Other Institutional Activity in RB Global, Inc.
Several institutional investors have been active in RB Global, Inc. BlackRock, Inc. increased its holdings by 410,378 shares, ending with 15,428,970 shares valued at about $1.48 billion. Vanguard Capital Management LLC opened a new position with 13,308,377 shares worth approximately $1.28 billion. Massachusetts Financial Services Co. /MA/ grew its stake by 348,466 shares, totaling 11,240,652 shares valued at around $1.10 billion. EdgePoint Investment Group Inc. significantly boosted its holdings by 1,111,217 shares, reaching 8,812,865 shares valued at approximately $845.3 million. Conversely, FIL Ltd reduced its position by 2,396,611 shares, leaving it with 6,245,775 shares worth about $598.9 million.
RB Global, Inc. Stock Up 25.3%
On Wednesday, shares of RB Global, Inc. (NYSE:RBA) were trading near $107.85. The company boasts a market capitalization of about $20.24 billion and has a P/E ratio of 50.53. Its stock has experienced a 52-week low of $93.58 and a high of $119.58. The 50-day moving average stands at $104.82, while the 200-day moving average is $104.94. RB Global maintains a current ratio of 1.138 and a debt-to-equity ratio of 72.78.
$RBA stock price
Daily closing prices, year to date. Not investment advice.
Analysts Set New Price Targets
Analysts have been setting new price targets for RB Global, Inc. On May 28, 2026, Barclays initiated coverage with a 'buy' rating and a price target of $124. RBC Capital maintained its 'buy' rating with a higher target of $150 on May 5, 2026. Overall, the consensus among 11 analysts is a positive outlook, with a mean target price of $127.73.
About RB Global, Inc.
RB Global, Inc. operates a global marketplace providing insights, services, and transaction solutions for buyers and sellers of commercial assets and vehicles. The company, headquartered in Westchester, Illinois, runs several marketplace brands including Ritchie Bros. and IAA. It offers a wide range of services such as asset management, financial services, and logistics. Under the leadership of CEO Mr. James F. Kessler, RB Global employs around 8,000 people.
Bottom Line
Elton Robert George's recent purchase of RB Global, Inc. shares highlights ongoing insider interest in the company. With strong institutional backing and positive analyst ratings, RB Global remains a company to watch. As a reminder, insider purchases are disclosed after they occur and may not indicate future stock performance.
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