Target Hospitality CEO James Bradley Archer Purchases Shares
James Bradley Archer, CEO of Target Hospitality (NASDAQ:TH), purchased 13,385 shares on September 15, 2026, for a total value of $250,166. This transaction increased his direct ownership in the company to 1,845,441 shares with an estimated market value of $34.6 million as of the closing price that day ($18.75). The purchase is seen as a bullish signal from management and aligns with a broader trend: TH stock has surged by 135.5% over the past year. Target Hospitality operates in temporary workforce housing solutions for industrial clients, particularly within energy sectors across North America. Despite reporting a net loss of $37.7 million on trailing twelve-month revenue of $347.4 million, its market capitalization stands at $1.9 billion as of September 16, 2026. Analysts remain optimistic about the stock's future performance, with an average one-year price target of $25.50.
Tickers: $TH
Topics: ceo sec filing stock purchase