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Rb Global Inc. (NYSE:RBA), a $20.19 billion market cap company trading near its 52-week high of $111.07, reported that Chief Executive Officer James Francis Kessler sold 45,658 shares of common stock on July 14, 2025, for $110.0 each, totaling $5.02 million. According to InvestingPro analysis, the stock appears to be trading above its Fair Value after gaining over 20% year-to-date.
On the same day, Kessler also exercised options to acquire 45,658 shares of Rb Global common stock at a price of $54.83, for a total value of $2.5 million. These options stemmed from an employee stock option plan.
Following these transactions, Kessler directly owns 107,569 shares of Rb Global. Additionally, he indirectly owns 1,823 shares through an Employee Stock Purchase Plan. For deeper insights into insider trading patterns and comprehensive analysis, access the full Pro Research Report available on InvestingPro.
In other recent news, RB Global Inc. has received an upgrade from Moody’s Ratings, with its corporate family rating improved to Ba1 from Ba2. This upgrade also applies to the probability of default rating and senior secured ratings on the company’s bank credit facilities. The ratings for Ritchie Bros. Holdings Inc., which are guaranteed by RB Global, have similarly been upgraded, with the backed senior secured rating now at Ba1 and the backed senior unsecured rating at Ba2. Moody’s analyst Jamie Koutsoukis attributed these upgrades to RB Global’s successful deleveraging and increased earnings, partly due to the acquisition of IAA, Inc. in 2023. This acquisition has contributed to improved margins and business diversification for the company. Additionally, RB Global has announced an agreement to purchase J.M. Wood Auction Co., Inc. for $235 million plus the cost value of assets held for auction. The company maintains a stable outlook, with expectations of continued debt reduction and organic revenue growth. Analysts from Moody’s suggest that further upgrades could occur if RB Global continues to expand its scale and diversity while maintaining strong liquidity.
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