Target Hospitality CEO James Bradley Archer Purchases Shares
James Bradley Archer, the Director, CEO, and President of Target Hospitality (NASDAQ: TH), purchased 13,385 shares on September 15, 2026. The transaction was valued at $250,166 based on a weighted average price of $18.69 per share. Following the purchase, Archer's direct ownership in Target Hospitality increased to 1,845,441 shares with an estimated market value of $34.6 million as of September 15, 2026. The stock has experienced a significant rise over the past year, surging by 135.5%. Despite this strong performance and increased insider buying activity, Target Hospitality reported trailing twelve-month revenue of $347.4 million but also recorded a net loss of $37.7 million during that period. The company's market capitalization stands at approximately $1.9 billion as of September 16, 2026. Archer’s purchase is seen as a positive signal for investors who interpret insider buying as confidence in the stock's future performance.
Tickers: $TH