• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form SC 13G/A filed by Target Hospitality Corp. (Amendment)

    2/5/24 4:22:56 PM ET
    $TH
    Hotels/Resorts
    Consumer Discretionary
    Get the next $TH alert in real time by email
    SC 13G/A 1 th25240sc13ga2.htm AMENDMENT NO. 2

     

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

    SCHEDULE 13G/A

     

    Under the Securities Exchange Act of 1934

    (Amendment No. 2)*

     

    Target Hospitality Corp.
    (Name of Issuer)
     
    Common Stock
    (Title of Class of Securities)

     

      87615L107  
      (CUSIP Number)  
     
    December 31, 2023
    (Date of Event Which Requires Filing of This Statement)

     

    Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

     

       ☒ Rule 13d-1(b)
         
       ☐ Rule 13d-1(c)
         
       ☐ Rule 13d-1(d)

     

     

    *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

     

    The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

     

     

    Page 1 of 6 pages 

     

     

    CUSIP No.  87615L107
    1

    NAMES OF REPORTING PERSONS

    I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

     

    Private Capital Management, LLC (46-3167283)

    2

    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)

     

     

    (a)☐

    (b)☒

    3

    SEC USE ONLY

     

     

    4

    CITIZENSHIP OR PLACE OF ORGANIZATION

     

    Delaware

    NUMBER OF

    SHARES

    BENEFICIALLY

    OWNED BY

    EACH REPORTING

    PERSON WITH:

    5

    SOLE VOTING POWER

     

    2,302,082

    6

    SHARED VOTING POWER*

     

    3,631,221

    7

    SOLE DISPOSITIVE POWER

     

    2,302,082

    8

    SHARED DISPOSITIVE POWER

     

    3,631,221

    9

    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON**

     

    5,933,303

    10

    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)

     

    ☐

    11

    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

     

    5.84%

    12

    TYPE OF REPORTING PERSON (see instructions)

     

    IA

             

     

     Page 2 of 6 pages 

     

     

    Item 1(a). Name of Issuer:
       
       Target Hospitality Corp.
       
    Item 1(b). Address of Issuer’s Principal Executive Offices:
       
      

    9320 Lakeside Boulevard, Suite 300, The Woodlands, TX 77381

       
    Item 2(a). Name of Person Filing:
       
       Private Capital Management, LLC
       
    Item 2(b). Address of Principal Business Office or, if none, Residence:
         
       8889 Pelican Bay Boulevard, Suite 500, Naples, Florida 34108
       
    Item 2(c). Citizenship:
       
       USA
       
    Item 2(d). Title of Class of Securities:
       
       Common Stock
       
    Item 2(e). CUSIP Number:  87615L107

     

     

     Page 3 of 6 pages 

     

      

    Item 3. If this Statement is filed pursuant to 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
      (a) o Broker or dealer registered under Section 15 of the Act;
      (b) o Bank as defined in Section 3(a)(6) of the Act;
      (c) o Insurance company as defined in Section 3(a)(19) of the Act;
      (d) x Investment company registered under Section 8 of the Investment Company Act of 1940;
      (e) o An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
      (f) o An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);
      (g) o A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);
      (h) o A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
      (i) o A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940;
      (j) o A non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J);
      (k) o Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J), please specify the type of institution:      

     

    Item 4. Ownership.
      Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
       (a) Amount Beneficially Owned**: 5,933,303    
       (b) Percent of Class: 5.84%
       (c) Number of shares as to which such person has:
          (i) sole power to vote or to direct the vote: 2,302,082    
          (ii) shared power to vote or to direct the vote*: 3,631,221    
          (iii) sole power to dispose or to direct the disposition of: 2,302,082    
          (iv) shared power to dispose or to direct the disposition of: 3,631,221    

     

     Page 4 of 6 pages 

     

      

    Item 5. Ownership of Five Percent or Less of a Class.
       
       If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ☐.

     

    Item 6. Ownership of More than Five Percent on Behalf of Another Person.
       
       No
       
    Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company.
       
       Not applicable.
       
    Item 8. Identification and Classification of Members of the Group.
       
       Not applicable.
       
    Item 9. Notice of Dissolution of Group.
       
       Not applicable.
       
    Item 10. Certification.
       
       By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of and do not have the effect of changing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having such purpose or effect for the time being.

     

     

     

    *PCM exercises shared voting authority with respect to shares held by those PCM clients that have delegated proxy voting authority to PCM. Such delegation may be granted or revoked at any time at the client's discretion.

     

     

    **PCM disclaims beneficial ownership of shares over which it has dispositive power and disclaims the existence of a group.

     

     Page 5 of 6 pages 

     

      

    SIGNATURE

     

    After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

     

      02/5/24  
      Date  
         
      /s/ Chad D. Atkins  
      Signature  
         
      Chad D. Atkins, President  
      Name/Title  

     

    Page 6 of 6 pages

     

     

    Get the next $TH alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $TH

    DatePrice TargetRatingAnalyst
    1/29/2025$15.00Market Perform → Outperform
    Northland Capital
    11/14/2024Perform
    Oppenheimer
    4/12/2024$13.00 → $12.00Buy → Hold
    Stifel
    6/23/2021$6.00Perform → Outperform
    Oppenheimer
    More analyst ratings

    $TH
    SEC Filings

    See more
    • SEC Form NT 10-Q filed by Target Hospitality Corp.

      NT 10-Q - Target Hospitality Corp. (0001712189) (Filer)

      5/8/25 4:30:48 PM ET
      $TH
      Hotels/Resorts
      Consumer Discretionary
    • Target Hospitality Corp. filed SEC Form 8-K: Regulation FD Disclosure

      8-K - Target Hospitality Corp. (0001712189) (Filer)

      5/6/25 6:46:44 AM ET
      $TH
      Hotels/Resorts
      Consumer Discretionary
    • SEC Form DEFA14A filed by Target Hospitality Corp.

      DEFA14A - Target Hospitality Corp. (0001712189) (Filer)

      4/22/25 4:32:18 PM ET
      $TH
      Hotels/Resorts
      Consumer Discretionary

    $TH
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G filed by Target Hospitality Corp.

      SC 13G - Target Hospitality Corp. (0001712189) (Subject)

      3/26/24 7:19:00 PM ET
      $TH
      Hotels/Resorts
      Consumer Discretionary
    • SEC Form SC 13D/A filed by Target Hospitality Corp. (Amendment)

      SC 13D/A - Target Hospitality Corp. (0001712189) (Subject)

      3/25/24 7:45:26 AM ET
      $TH
      Hotels/Resorts
      Consumer Discretionary
    • SEC Form SC 13G/A filed by Target Hospitality Corp. (Amendment)

      SC 13G/A - Target Hospitality Corp. (0001712189) (Subject)

      2/5/24 4:22:56 PM ET
      $TH
      Hotels/Resorts
      Consumer Discretionary

    $TH
    Financials

    Live finance-specific insights

    See more
    • Target Hospitality Announces First Quarter 2025 Earnings Release and Conference Call Schedule

      THE WOODLANDS, Texas, May 9, 2025 /PRNewswire/ -- Target Hospitality Corp. ("Target Hospitality", "Target" or the "Company") (NASDAQ:TH), one of North America's largest providers of vertically integrated modular accommodations and value-added hospitality services, today announced that it will release its first quarter 2025 financial results before the market opens on Monday, May 19, 2025. The Company has also scheduled a conference call for Monday, May 19, 2025, at 9:00 am Eastern Time (8:00 am Central Time) to discuss the results. The conference call will be available by live webcast through the Investors section of Target Hospitality's website at www.TargetHospitality.com. First Quarter 2

      5/9/25 6:45:00 AM ET
      $TH
      Hotels/Resorts
      Consumer Discretionary
    • Target Hospitality Reports Strong 2024 Results with Continued Focus on Advancing Strategic Diversification and Growth Opportunities

      THE WOODLANDS, Texas, March 26, 2025 /PRNewswire/ -- Target Hospitality Corp. ("Target Hospitality", "Target" or the "Company") (NASDAQ:TH), one of North America's largest providers of vertically-integrated modular accommodations and value-added hospitality services, today reported results for the fourth quarter and year ended December 31, 2024. Financial and Operational Highlights Revenue of $386.3 million for the year ended December 31, 2024.Net income of $71.4 million for the year ended December 31, 2024.Basic and diluted income per share of $0.71 and $0.70 respectively, for the year ended December 31, 2024.Adjusted EBITDA(1) of $196.7 million for the year ended December 31, 2024.Meaning

      3/26/25 6:45:00 AM ET
      $TH
      Hotels/Resorts
      Consumer Discretionary
    • Target Hospitality Announces Fourth Quarter and Full Year 2024 Earnings Release and Conference Call Schedule

      THE WOODLANDS, Texas, March 12, 2025 /PRNewswire/ -- Target Hospitality Corp. ("Target Hospitality", "Target" or the "Company") (NASDAQ:TH), one of North America's largest providers of vertically integrated modular accommodations and value-added hospitality services, today announced that it will release its fourth quarter and full year 2024 financial results before the market opens on Wednesday, March 26, 2025. The Company has also scheduled a conference call for Wednesday, March 26, 2025, at 9:00 am Eastern Time (8:00 am Central Time) to discuss the results. The conference call will be available by live webcast through the Investors section of Target Hospitality's website at www.TargetHosp

      3/12/25 6:44:56 AM ET
      $TH
      Hotels/Resorts
      Consumer Discretionary

    $TH
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • New insider Schuck Mark claimed ownership of 19,022 shares (SEC Form 3)

      3 - Target Hospitality Corp. (0001712189) (Issuer)

      4/9/25 4:34:35 PM ET
      $TH
      Hotels/Resorts
      Consumer Discretionary
    • SEC Form 4 filed by EVP, Strategy & Corp. Dev. Dowhaniuk Brendan

      4 - Target Hospitality Corp. (0001712189) (Issuer)

      3/3/25 5:05:18 PM ET
      $TH
      Hotels/Resorts
      Consumer Discretionary
    • EVP, General Counsel & Sec Lewis Heidi Diane converted options into 6,538 shares and covered exercise/tax liability with 1,591 shares, increasing direct ownership by 3% to 156,085 units (SEC Form 4)

      4 - Target Hospitality Corp. (0001712189) (Issuer)

      3/3/25 5:03:21 PM ET
      $TH
      Hotels/Resorts
      Consumer Discretionary

    $TH
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Target Hospitality upgraded by Northland Capital with a new price target

      Northland Capital upgraded Target Hospitality from Market Perform to Outperform and set a new price target of $15.00

      1/29/25 8:39:26 AM ET
      $TH
      Hotels/Resorts
      Consumer Discretionary
    • Oppenheimer resumed coverage on Target Hospitality

      Oppenheimer resumed coverage of Target Hospitality with a rating of Perform

      11/14/24 7:57:38 AM ET
      $TH
      Hotels/Resorts
      Consumer Discretionary
    • Target Hospitality downgraded by Stifel with a new price target

      Stifel downgraded Target Hospitality from Buy to Hold and set a new price target of $12.00 from $13.00 previously

      4/12/24 7:38:20 AM ET
      $TH
      Hotels/Resorts
      Consumer Discretionary

    $TH
    Leadership Updates

    Live Leadership Updates

    See more
    • Target Hospitality Announces Appointment of John C. Dorman to Board of Directors

      THE WOODLANDS, Texas, Feb. 20, 2024 /PRNewswire/ -- Target Hospitality Corp. ("Target Hospitality," "Target" or the "Company") (NASDAQ:TH), one of North America's largest providers of vertically integrated modular accommodations and value-added hospitality services today announced the appointment of Mr. John C. Dorman to its board of directors, effective February 16, 2024. Mr. Dorman will serve as an independent director as well as a member of the Nominating and Corporate Governance and Audit Committees. Mr. Dorman's experience serving in executive leadership roles, through the founding and growth of multiple entrepreneurial successes, will provide relevant insight as Target continues to pu

      2/20/24 6:45:00 AM ET
      $TH
      Hotels/Resorts
      Consumer Discretionary
    • Target Hospitality Announces Appointment of Alejandro Hernandez to Board of Directors

      THE WOODLANDS, Texas, June 20, 2023 /PRNewswire/ -- Target Hospitality Corp. ("Target Hospitality," "Target" or the "Company") (NASDAQ:TH), one of North America's largest providers of vertically integrated modular accommodations and value-added hospitality services, advances its strategic diversification focus, with the appointment of Mr. Alejandro ("Alex") Hernandez to its board of directors, effective June 19, 2023. Mr. Hernandez will serve as an independent director as well as a member of the Audit and Compensation Committees. Mr. Hernandez's experience serving in executive leadership roles across a variety of end markets, including energy transition, renewables, nuclear services, and dat

      6/20/23 6:44:34 AM ET
      $TH
      Hotels/Resorts
      Consumer Discretionary
    • Target Hospitality Announces Executive Leadership Transition Plan

      THE WOODLANDS, Texas, Feb. 28, 2022 /PRNewswire/ -- Target Hospitality Corp. ("Target Hospitality", "Target" or the "Company") (NASDAQ:TH), North America's largest provider of vertically-integrated modular accommodations and value-added hospitality services, today announced that Brad Archer has decided to step down as President, Chief Executive Officer and member of the Company's Board of Directors. As part of its succession plan, the Board has formed a search committee and will engage an executive search firm to identify a successor CEO. Mr. Archer will continue to lead the Company in his current position, assist with the CEO search and help onboard his successor until December 31, 2022, e

      2/28/22 6:45:00 AM ET
      $TH
      Hotels/Resorts
      Consumer Discretionary

    $TH
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Target Hospitality Announces First Quarter 2025 Earnings Release and Conference Call Schedule

      THE WOODLANDS, Texas, May 9, 2025 /PRNewswire/ -- Target Hospitality Corp. ("Target Hospitality", "Target" or the "Company") (NASDAQ:TH), one of North America's largest providers of vertically integrated modular accommodations and value-added hospitality services, today announced that it will release its first quarter 2025 financial results before the market opens on Monday, May 19, 2025. The Company has also scheduled a conference call for Monday, May 19, 2025, at 9:00 am Eastern Time (8:00 am Central Time) to discuss the results. The conference call will be available by live webcast through the Investors section of Target Hospitality's website at www.TargetHospitality.com. First Quarter 2

      5/9/25 6:45:00 AM ET
      $TH
      Hotels/Resorts
      Consumer Discretionary
    • Target Hospitality to Participate in Oppenheimer 20th Annual Industrial Growth Conference

      THE WOODLANDS, Texas, May 6, 2025 /PRNewswire/ -- Target Hospitality Corp. ("Target Hospitality", "Target" or the "Company") (NASDAQ:TH), one of North America's largest providers of vertically integrated modular accommodations and value-added hospitality services, today announced that it will attend and present at the Oppenheimer 20th Annual Industrial Growth Conference on Wednesday, May 7, 2025. Presentation Details Oppenheimer 20th Annual Industrial Growth ConferenceDate:    Wednesday, May 7, 2025Time:    3:00 pm Eastern Time (2:00 pm Central Time) The event will be broadcast live via webcast. A link to the webcast will be available through the Investors section of Target Hospitality's we

      5/6/25 6:45:00 AM ET
      $TH
      Hotels/Resorts
      Consumer Discretionary
    • Target Hospitality Reports Strong 2024 Results with Continued Focus on Advancing Strategic Diversification and Growth Opportunities

      THE WOODLANDS, Texas, March 26, 2025 /PRNewswire/ -- Target Hospitality Corp. ("Target Hospitality", "Target" or the "Company") (NASDAQ:TH), one of North America's largest providers of vertically-integrated modular accommodations and value-added hospitality services, today reported results for the fourth quarter and year ended December 31, 2024. Financial and Operational Highlights Revenue of $386.3 million for the year ended December 31, 2024.Net income of $71.4 million for the year ended December 31, 2024.Basic and diluted income per share of $0.71 and $0.70 respectively, for the year ended December 31, 2024.Adjusted EBITDA(1) of $196.7 million for the year ended December 31, 2024.Meaning

      3/26/25 6:45:00 AM ET
      $TH
      Hotels/Resorts
      Consumer Discretionary