<div id="readability-page-1"><p>Greenhaven Road Investment Management L.P. cut its holdings in shares of  Alta Equipment Group Inc. (NYSE:ALTG - Free Report) by 24.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,360,501 shares of the company's stock after selling 433,888 shares during the period. Alta Equipment Group makes up  about  2.9% of Greenhaven Road Investment Management L.P.'s investment portfolio, making the stock its 12th largest holding. Greenhaven Road Investment Management L.P. owned about 4.14% of Alta Equipment Group worth $8,598,000 as of its most recent SEC filing.</p><div><p><span></span><span>Get <strong>Alta Equipment Group</strong> alerts:</span></p></div><ul><li>Massive Upside Forecasted In Alta Equipment Group</li></ul><p>Several other large investors have also recently bought and sold shares of ALTG. Citizens Financial Group Inc. RI acquired a new position in shares of  Alta Equipment Group in the 1st quarter valued at $436,000.  First Eagle Investment Management LLC increased its position in  Alta Equipment Group by 16.2% in the 2nd quarter. First Eagle Investment Management LLC now owns 792,103 shares of the company's stock worth $5,006,000 after purchasing an additional 110,444 shares during the last quarter.  Invesco Ltd. grew its position in  Alta Equipment Group by 7.4% in the first quarter. Invesco Ltd. now owns 84,363 shares of the company's stock worth $396,000 after acquiring an additional 5,781 shares in the last quarter.  Farther Finance Advisors LLC raised its holdings in  Alta Equipment Group by 1,279.1% during the second quarter. Farther Finance Advisors LLC now owns 5,806 shares of the company's stock valued at $37,000 after buying an additional 5,385 shares in the last quarter.  Finally, Equitec Proprietary Markets LLC acquired a new position in  Alta Equipment Group during the first quarter valued at approximately $261,000. Institutional investors and hedge funds own  73.58% of the company's stock. </p><h2>Wall Street Analysts Forecast Growth</h2><p>Several brokerages have recently weighed in on ALTG. Zacks Research lowered Alta Equipment Group from a &#34;hold&#34; rating to a &#34;strong sell&#34; rating in a report on Friday, November 14th. DA Davidson decreased their target price on Alta Equipment Group from $8.00 to $7.00 and set a &#34;neutral&#34; rating on the stock in a report on Wednesday, November 12th. Wall Street Zen downgraded Alta Equipment Group from a &#34;hold&#34; rating to a &#34;sell&#34; rating in a report on Saturday, November 8th. Finally, Weiss Ratings  restated a &#34;sell (e+)&#34; rating on shares of Alta Equipment Group in a report on Monday. Two equities research analysts have rated the stock with a Strong Buy rating, one  has given a Buy rating, two have assigned  a Hold rating and two have assigned  a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of &#34;Hold&#34; and an average price target of $11.00.</p><p><b>Check Out Our Latest Research Report on ALTG</b></p><h2>Alta Equipment Group Price Performance</h2><p>NYSE:ALTG opened at $4.95 on Friday. The company has a current ratio of 1.42, a quick ratio of 0.49 and a debt-to-equity ratio of 257.10. The firm has a fifty day simple moving average of $5.76 and a 200 day simple moving average of $6.63. The stock has a market capitalization of $159.43 million, a PE ratio of -1.97 and a beta of 1.56. Alta Equipment Group Inc. has a 1-year low of $3.54 and a 1-year high of $8.99. </p><p>Alta Equipment Group (NYSE:ALTG - Get Free Report) last released its quarterly earnings data on Thursday, November 6th. The company reported ($1.31) EPS for the quarter, missing the consensus estimate of ($0.27) by ($1.04). Alta Equipment Group had a negative net margin of 4.34% and a negative return on equity of 175.61%. The company had revenue of $422.60 million during the quarter, compared to analyst estimates of $456.68 million.  On average, research analysts expect that  Alta Equipment Group Inc. will post -1.92 EPS for the current fiscal year. </p><h2>About Alta Equipment Group</h2> (Free Report)<p>Alta Equipment Group Inc owns and operates integrated equipment dealership platforms in the United States. It operates through three segments: Material Handling, Construction Equipment, and Master Distribution. The company operates a branch network that sells, rents, and provides parts and service support for various categories of specialized equipment, including lift trucks and other material handling equipment, heavy and compact earthmoving equipment, crushing and screening equipment, environmental processing equipment, cranes and aerial work platforms, paving and asphalt equipment, and other construction equipment and related products.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Alta Equipment Group</li><li>Why Are These Companies Considered Blue Chips?</li><li>Could Ross Stores Stock Hit $200 by Christmas? Here Are 3 Reasons Analysts Think So</li><li>3 Must-Buy Warren Buffett Stocks for Volatile Times</li><li>The Trade Desk: After a 70% Plunge, This Could Be The Time to Buy</li><li>3 Healthcare Dividend Stocks to Buy</li><li>Tap Into 2026 AI Infrastructure Gains With This High-Growth ETF</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFMVEc?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFMVEc"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Alta Equipment Group Right Now?</h2><p>Before you consider Alta Equipment Group, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Alta Equipment Group wasn't on the list.</p><p>While Alta Equipment Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

ALTG

<p>Greenhaven Road Investment Management L.P. reduced its stake in Alta Equipment Group Inc. by 24.2% in Q2, owning 1,360,501 shares worth $8,598,000. Analysts have mixed ratings on ALTG, with a consensus "Hold" rating and an average price target of $11.00. The stock opened at $4.95, with a market cap of $159.43 million and a negative EPS of -1.31 for the quarter.</p>

Alta Equipment Group Inc. $ALTG Stake Reduced by Greenhaven Road Investment Management L.P.