Inspire Advisors LLC Makes New Investment in Titan Machinery Inc. $TITN

Inspire Advisors LLC acquired a new stake in Titan Machinery Inc. (NASDAQ:TITN) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 16,065 shares of the company’s stock, valued at approximately $318,000. Inspire Advisors LLC owned approximately 0.07% of Titan Machinery at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. New York State Common Retirement Fund raised its holdings in shares of Titan Machinery by 42.8% in the first quarter. New York State Common Retirement Fund now owns 4,674 shares of the company’s stock worth $80,000 after acquiring an additional 1,400 shares during the last quarter. State of Wyoming acquired a new stake in Titan Machinery during the 1st quarter worth approximately $109,000. Creative Planning raised its stake in shares of Titan Machinery by 25.9% in the 2nd quarter. Creative Planning now owns 19,124 shares of the company’s stock valued at $379,000 after acquiring an additional 3,939 shares during the period. EntryPoint Capital LLC acquired a new position in shares of Titan Machinery during the first quarter worth about $339,000. Finally, Strs Ohio purchased a new stake in shares of Titan Machinery during the 1st quarter valued at about $365,000. 78.38% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms recently commented on TITN. Wall Street Zen cut Titan Machinery from a “hold” rating to a “sell” rating in a research note on Saturday, November 1st. Weiss Ratings reissued a “sell (d)” rating on shares of Titan Machinery in a report on Wednesday, October 8th. Two equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Titan Machinery has an average rating of “Moderate Buy” and a consensus target price of $22.25.

Titan Machinery Stock Performance

Shares of NASDAQ:TITN opened at $15.12 on Thursday. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.31 and a quick ratio of 0.18. The business’s fifty day moving average price is $16.61 and its two-hundred day moving average price is $18.69. Titan Machinery Inc. has a fifty-two week low of $12.50 and a fifty-two week high of $23.41. The stock has a market capitalization of $353.40 million, a price-to-earnings ratio of -5.60 and a beta of 1.33.

Titan Machinery (NASDAQ:TITN) last issued its earnings results on Thursday, August 28th. The company reported ($0.26) EPS for the quarter, beating the consensus estimate of ($0.56) by $0.30. Titan Machinery had a negative net margin of 2.37% and a negative return on equity of 9.99%. The company had revenue of $546.43 million for the quarter, compared to the consensus estimate of $503.80 million. Titan Machinery has set its FY 2026 guidance at -2.000–1.500 EPS.

About Titan Machinery

Titan Machinery Inc owns and operates a network of full service agricultural and construction equipment stores in the United States, Europe, and Australia. It operates through four segments: Agriculture, Construction, Europe, and Australia. The company sells new and used equipment, including agricultural and construction equipment manufactured under the CNH Industrial family of brands, as well as equipment from various other manufacturers.