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RB Global director Deborah Stein buys $40,454 in shares

RB Global director Deborah Stein buys $40,454 in shares

RB Global Inc. (NYSE:RBA) director Deborah Stein recently purchased 500 shares of the company, spending $40,454. The acquisition took place on September 9, 2026, with the shares priced between $80.56 and $81.14 per share. One of the purchases, amounting to 200 shares, was originally priced in CAD at CAD111.41 and converted to USD at an exchange rate of US$1.00 = CAD$1.38, according to the Bank of Canada's rate for that day.

Stein's purchase comes at a time when RB Global is trading near its 52-week low of $79.75, a 31% decline over the past year. InvestingPro analysis suggests the stock is undervalued and features prominently on the list of the most undervalued stocks. Following these acquisitions, Ms. Stein now directly holds 2,325 common shares of RB Global Inc. RB Global reported its Q2 2026 financial results, with revenue of $1.32 billion exceeding Wall Street's forecast of $1.23 billion.

However, adjusted earnings per share were slightly below expectations, at $1.13 compared to the expected $1.16. The company's gross transaction value rose by 11% to $4.7 billion, and adjusted EBITDA increased by 6%. These growth factors were attributed to stronger vehicle volumes, recent acquisitions, and expansion into agriculture.

Despite these developments, RB Global's shares remained relatively stable in after-hours trading, with no recent upgrades or downgrades from analysts. This article was AI-generated and reviewed by an editor.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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