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Rush Enterprises' earnings beat estimates, as major investors adjust their stakes in the company.
Martingale Asset Management L P increased its holdings in Rush Enterprises, Inc. by 3.3% in the fourth quarter, while ExodusPoint Capital Management reduced its stake but still holds a $1.01 million position.
Rush Enterprises reported earnings of $0.91 per share, beating estimates by $0.09.
The stock is heavily owned by institutional investors at 84.43%, and its shares opened at $52.00 with a market cap of $4.12 billion.
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Las ganancias de Rush Enterprises superaron las estimaciones, ya que los principales inversores ajustan sus participaciones en la compañía.