TH Chief Commercial Officer Schrenk Troy C. Buys $125K of Stock

Target Hospitality Corp. Chief Commercial Officer Troy C. Schrenk purchased 5,907 shares of the company stock on September 18, 2026. According to a Form 4 filing with the Securities and Exchange Commission, the shares were acquired at a price of $21.16 each, bringing the total transaction value to $124,992. The stock closed at $21.19 on the day of the trade. This open-market purchase adds to executive holdings in the specialty rental and hospitality services firm. Prior insider moves included CEO James Bradley Archer buying 13,385 shares on September 15, 2026, following earlier sales by General Counsel Heidi Diane Lewis and Tdr Capital II Investments LP.

Other Institutional Activity in Target Hospitality Corp.

Other institutional investors have also adjusted their positions in Target Hospitality Corp. Private Capital Management, LLC trimmed its holdings by 1,399,602 shares, ending with 3,261,078 shares worth about $50,416,266. Ophir Asset Management Pty Ltd grew its holdings by 1,345,336 shares, ending with 2,690,673 shares worth about $41,597,804. Rubric Capital Management LP boosted its stake by 396,946 shares to hold 2,586,389 shares valued at approximately $39,985,574. Westfield Capital Management Co LP added 1,051,906 shares for a total of 2,103,813 shares worth about $32,524,949, while Cooper Creek Partners Management LLC increased its holdings by 1,328,862 shares to end with 2,052,485 shares valued at about $31,731,418.

Target Hospitality Corp. Stock Down 3.6%

Target Hospitality shares recently traded around $15.45. The stock closed at $21.19 on the transaction date.

Recent Earnings

Target Hospitality posted trailing-twelve-month revenue of $347,368,000 with a net margin of -10.8% and a return on equity of -9.8%. The company reported earnings per share of -$0.38 over the same period. Its next quarterly earnings release is scheduled for November 5, 2026.

Insider Buying and Selling at Target Hospitality Corp.

Earlier insider activity included General Counsel Heidi Diane Lewis selling 13,456 shares on December 15, 2025, at $8.50 per share, and another 9,000 shares on January 20, 2026, at $7.34 per share. Tdr Capital II Investments LP sold 1,344,460 shares on June 18, 2026. CEO James Bradley Archer bought 13,385 shares at $18.69 on September 15, 2026.

Analysts Set New Price Targets

Oppenheimer maintained an Outperform rating on the stock while raising its price target from $21.00 to $24.00 on July 14, 2026, and later to $27.00 on September 8, 2026. Morgan Stanley initiated coverage with an Overweight rating and a $22.00 target on August 17, 2026, then raised its target to $25.00 on September 14, 2026. The stock carries a consensus recommendation key and a mean price target of $25.20 across five analyst opinions.

About Target Hospitality Corp.

Target Hospitality Corp. provides specialty rental accommodation units and hospitality services across North America. The company operates segments focused on workforce hospitality, government solutions, and specialty facilities, offering catering, housekeeping, security, and recreational services.

Bottom Line

Investors will look toward the company's next earnings report on November 5, 2026, for further financial updates. Insider transactions and institutional filings will continue to provide visibility into management and major shareholder sentiment.