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Top Executive Sells Thousands of RB Global Shares!

Top Executive Sells Thousands of RB Global Shares!

New insider activity at RB Global ( (TSE:RBA) ) has taken place on June 12, 2025.

Confident Investing Starts Here:

Darren Jeffrey Watt, the Chief Legal Officer of RB Global, has recently sold 3,700 shares of the company’s stock, amounting to a total transaction value of $395,900.

Recent Updates on TSE:RBA stock

RB Global has seen significant developments recently, including receiving FTC approval for its acquisition of JM Wood Auction Co., Inc., which is expected to close by mid-2025. The company’s stock has experienced various price target adjustments due to differing analyst perspectives. Barrington raised its price target to a $120-$130 range, citing better-than-expected Q1 results and an increase in the 2025 adjusted EBITDA estimate. Meanwhile, National Bank downgraded RB Global to Sector Perform, maintaining a $115 price target, due to a perceived lull in key drivers for the stock. Additionally, CIBC raised its price target slightly from $116 to $118, reflecting a cautiously optimistic outlook amid mixed earnings results and strategic growth initiatives.

Spark’s Take on TSE:RBA Stock

According to Spark, TipRanks’ AI Analyst, TSE:RBA is a Outperform.

RB Global’s strong revenue growth and solid financial performance are the primary strengths, providing a sound foundation for the stock. Technical indicators suggest positive momentum, though high valuation metrics and mixed earnings call insights present caution. Strategic acquisitions and operational efficiency improvements offer potential for future growth.

To see Spark’s full report on TSE:RBA stock, click here.

More about RB Global

YTD Price Performance: 19.91%

Average Trading Volume: 1,182,154

Technical Sentiment Signal: Buy

Current Market Cap: $19.72B

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