H&E Equipment Servs (NASDAQ:HEES) Bolsa

H&E Equipment Servs

H&E Equipment Services Inc is an integrated equipment services company. The Company's construction rental fleet is among the industry's youngest with an equipment mix comprised of aerial work platforms, earthmoving, material handling, and other general and specialty lines. It rents, sells, and provides parts and services support for four core categories of equipment including hi-lift or aerial work platform equipment, cranes, earthmoving equipment, and industrial lift trucks. It engages in five principal business activities: equipment rentals; new equipment sales; sales of rental equipment; parts sales; and services. The majority of its revenue is derived from the equipment rentals segment.

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Las acciones de GCL Global suben más del 100% en premercado tras su fusión. Descubre qué otras acciones están en movimiento hoy.

Acciones de GCL Global Holdings (GCL) se disparan un 107%; 20 acciones que se mueven en el premercado

H&E Equipment Services, Inc. - Common Stock

H&E Equipment Services Inc

Herc Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HRI#NYSE">HRI</a>) ("Herc" or "the Company") and H&amp;E Equipment Services, Inc. d/b/a H&amp;E Rentals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HEES#NASDAQ">HEES</a>) ("H&amp;E") announced today the expiration of the tender offer to exchange each outstanding share of H&amp;E common stock (the "H&amp;E Shares") for $78.75 in cash and 0.1287 shares of Herc common stock, in each case without interest (the "Offer", and such consideration, the "Offer Price"), pursuant to the terms of the <a href="https://www.globenewswire.com/Tracker?data=077-oG2RdBEfGkEgSAsCc7Gj9HJh6ooFGQEH9nKON_j6nEdkHwHt_eUVcAy6-5aeiCatPNqyUjvzxeiorHxo3m3-MclMZDrYLhHUblPRzgcVtOrzLGgzoaa2789PDIDM-hQBFvs9J5p5G5Y1ZbeRwjL0KSxvzkDNI-8cybr3zkDPdB0l-Owzg12KwAXzHUa3fN5-ShjnjFx1C_nhWVDIHQyhuP9LXJwwoOOJ-aFNjWyUgpGiAWFLYqO3vH3EVvDQ0OeBbh1Jur3w12h7fRoYvA==">previously announced merger agreement</a>, dated February 19, 2025, between Herc, HR Merger Sub Inc. ("Merger Sub") and H&amp;E (the "Merger Agreement").
The Offer, which was extended on May 23, 2025, expired at one minute past 11:59 p.m. Eastern Time on May 29, 2025. The Depository and Paying Agent for the Offer has advised Herc that as of the expiration of the Offer, a total of 25,369,090 H&amp;E Shares were validly tendered and not validly withdrawn in the Offer, representing approximately 69.33% of the outstanding H&amp;E Shares. As of such expiration, all conditions to the Offer have been satisfied or waived and Merger Sub has accepted for payment all H&amp;E Shares validly tendered and not validly withdrawn in accordance with the terms of the Offer (the "Tendered Shares").
Herc, Merger Sub and H&amp;E currently expect to close the acquisition on June 2, 2025. At the closing, Herc and Merger Sub will pay for all of the Tendered Shares. Additionally, the parties will consummate the merger of Merger Sub with and into H&amp;E (the "Merger"). As a result of the Merger, all of the H&amp;E Shares other than the Tendered Shares will be converted into the right to receive the Offer Price in accordance with the terms of the Merger Agreement.
As a result of the Offer and the Merger, H&amp;E will become a wholly-owned subsidiary of Herc and H&amp;E Shares will cease trading on the Nasdaq Stock Market.

Herc Holdings And H&E Equipment Services Announce Expiration Of Tender Offer For $78.75/Shr And 0.1287 Herc Shares

Herc Holdings Extends Tender Offer To Acquire Outstanding Shares Of H&E Equipment Services From May 13, 2025 To May 22, 2025

Herc Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HRI#NYSE">HRI</a>) ("Herc" or "the Company") announced today that it has extended its previously announced tender offer (the "Offer") to acquire all of the outstanding shares of H&amp;E Equipment Services, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HEES#NASDAQ">HEES</a>) ("H&amp;E") common stock for $78.75 in cash and 0.1287 shares of Herc common stock for each H&amp;E share, in each case without interest, pursuant to the terms of the <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fir.hercrentals.com%2Fnews%2Fnews-details%2F2025%2FHerc-Holdings-and-HE-Equipment-Services-Enter-into-Definitive-Merger-Agreement%2Fdefault.aspx&amp;esheet=54246350&amp;newsitemid=20250430547514&amp;lan=en-US&amp;anchor=previously+announced+merger+agreement&amp;index=1&amp;md5=d6bb3cf2431140b97610c3f30c8f9e34">previously announced merger agreement</a>, dated February 19, 2025, between Herc, HR Merger Sub, Inc. and H&amp;E (the "Merger Agreement").
The Offer, which was previously scheduled to expire at one minute past 11:59 p.m. Eastern Time, on April 29, 2025, has been extended until one minute past 11:59 p.m. Eastern Time, on May 13, 2025, unless further extended in accordance with the terms of the Merger Agreement. The Offer was extended to allow additional time for the satisfaction of the remaining conditions of the tender offer, including receipt of applicable regulatory approvals. The Offer remains subject to the conditions to the completion of the Offer, as set forth in the Prospectus/Offer to Exchange, dated March 19, 2025 (as subsequently amended), the related Letter of Transmittal and certain other Offer documents, copies of which are attached to the Tender Offer Statement on Schedule TO filed by the Company and H&amp;E with the U.S. Securities and Exchange Commission (the "SEC") on March 19, 2025 (as subsequently amended).

Herc Holdings Extends Its Previously Announced Tender Offer To Acquire All Of The Outstanding Shares of H&E Equipment Services Common Stock For $78.75 In Cash And 0.1287 Shares Of Herc Common Stock for Each H&E Share

H&amp;E Equipment Servs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HEES#NASDAQ">HEES</a>) reported quarterly earnings of $0.03 per share which missed the analyst consensus estimate of $0.63 by 95.24 percent. This is a 95.77 percent decrease over earnings of $0.71 per share from the same period last year. The company reported quarterly sales of $319.45 million which missed the analyst consensus estimate of $362.60 million by 11.90 percent. This is a 13.98 percent decrease over sales of $371.36 million the same period last year.

Earnings

Earnings Misses

H&E Equipment Servs Q1 Adj. EPS $0.03 Misses $0.63 Estimate, Sales $319.45M Miss $362.60M Estimate

Herc Holdings Extends Tender Offer To Acquire H&E Equipment Services Until One Minute Past 11:59 p.m. Apr. 29

Earnings Beats

H&E Equipment Servs Q4 2024 Adj. EPS $0.99 Beats $0.81 Estimate, Sales $384.100M Beat $372.500M Estimate

Acquisition Scales Herc&#39;s Premier Platform and Accelerates Strategy for Industry Leading Growth and Superior Value Creation
Transaction Terms Same as Proposal Previously Announced on February 18, 2025
H&amp;E Terminates Agreement with United Rentals
Herc Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HRI#NYSE">HRI</a>) (&quot;Herc&quot; or &quot;the Company&quot;), one of North America&#39;s leading equipment rental suppliers, and H&amp;E Equipment Services, Inc. d/b/a H&amp;E Rentals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HEES#NASDAQ">HEES</a>) (&quot;H&amp;E&quot;) today announced that H&amp;E has terminated its prior merger agreement with United Rentals, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/URI#NYSE">URI</a>) and that Herc and H&amp;E have entered into a definitive merger agreement under which Herc will acquire H&amp;E.
<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fir.hercrentals.com%2Fnews%2Fnews-details%2F2025%2FHerc-Holdings-Confirms-Superior-Proposal-to-Acquire-HE-Equipment-Services%2Fdefault.aspx&amp;esheet=54209660&amp;newsitemid=20250218587289&amp;lan=en-US&amp;anchor=As+previously+announced+on+February+18%2C+2025&amp;index=1&amp;md5=646d1f6d25b3e00d8e67611bd44b5684">As previously announced on February 18, 2025</a>, under the terms of the Herc and H&amp;E agreement, H&amp;E shareholders will receive $78.75 in cash and 0.1287 shares of Herc common stock for each share they own, with a total value of $104.89 per share based on Herc&#39;s 10-day VWAP as of market close February 14, 2025. Following the close of the transaction, H&amp;E&#39;s shareholders will own approximately 14.1% of the combined company.

Contracts

CORRECTION: Herc Acquires H&E, Ending H&E's Deal With United Rentals; H&E Shareholders To Receive $78.75 Cash Plus 0.1287 Herc Shares, Total Value $104.89 Per Share; H&E Shareholders To Hold 14.1% In Combined Company

HEES CLIMBS OVER 3% HIGHER IN A SINGLE SESSION 
<figure class="wp-block-image size-full is-resized"><img loading="lazy" decoding="async" width="901" height="667" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/02/18210348/Screen-Shot-2025-02-18-at-4.11.01-PM.png" alt="" class="wp-image-6001" style="width:900px;height:auto" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/02/18210348/Screen-Shot-2025-02-18-at-4.11.01-PM.png 901w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/02/18210348/Screen-Shot-2025-02-18-at-4.11.01-PM-300x222.png 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/02/18210348/Screen-Shot-2025-02-18-at-4.11.01-PM-768x569.png 768w" sizes="(max-width: 901px) 100vw, 901px" /></figure>
H&amp;E Equipment, Inc. (HEES) today experienced a Power Inflow, a significant event for those who follow where smart money goes and value order flow analytics in their trading decisions. 
Today, at 10:04 AM on February 18th, a significant trading signal occurred for H&amp;E Equipment, Inc. (HEES) as it demonstrated a Power Inflow at a price of $98.11. This indicator is crucial for traders who want to know directionally where institutions and so-called "smart money" moves in the market. They see the value of utilizing order flow analytics to guide their trading decisions. The Power Inflow points to a possible uptrend in HEES&#8217;s stock, marking a potential entry point for traders looking to capitalize on the expected upward movement. Traders with this signal closely watch for sustained momentum in HEES&#8217;s stock price, interpreting this event as a bullish sign.
Signal description
Order flow analytics, aka transaction or market flow analysis, separate and study both the retail and institutional volume rate of orders (flow). It involves analyzing the flow of buy and sell orders, along with size, timing, and other associated characteristics and patterns, to gain insights and make more informed trading decisions. This particular indicator is interpreted as a bullish signal by active traders.&nbsp;
The Power Inflow occurs within the first two hours of the market open and generally signals the trend that helps gauge the stock&#8217;s overall direction, powered by institutional activity in the stock, for the remainder of the day.&nbsp;
By incorporating order flow analytics into their trading strategies, market participants can better interpret market conditions, identify trading opportunities, and potentially improve their trading performance. But let's not forget that while watching smart money flow can provide valuable insights, it is crucial to incorporate effective risk management strategies to protect capital and mitigate potential losses. Employing a consistent and effective risk management plan helps traders navigate the uncertainties of the market in a more controlled and calculated manner, increasing the likelihood of long-term success
If you want to stay updated on the latest options trades for HEES, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts. 
<a href="https://benzinga.com/apis?_gl=1&#x2A;1hlgn5i&#x2A;_ga&#x2A;MTY1NjE2NTYxMi4xNzE0NzQ4MTAy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDc0ODEwMi4xLjEuMTcxNDc0ODQyOC4wLjAuMA..">Market News and Data brought to you by Benzinga APIs</a> and include firms, like&nbsp; &nbsp; <a href="https://www.tradepulse.net">https://www.tradepulse.net</a>&nbsp; which are responsible for parts of the data within this article. 
&#xA9; 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
After Market Close UPDATE:
The price at the time of the Power Inflow was $98.11. The returns on the High price ($101.26) and Close price ($100.63) after the Power Inflow were respectively 3.2% and 2.6%. That is why it is important to have a trading plan that includes Profit Targets and Stop Losses that reflect your risk appetite. In this case, the high of the day and close were very close but that is not always the case
Past Performance is Not Indicative of Future Results

Equities

Technicals

H&E Equipment Services Stock Moves Up 3.2% In Session After Power Inflow Alert

U.S. stocks were lower, with the Dow Jones falling around 100 points on Tuesday.
Shares of Watsco Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WSO#NYSE">WSO</a>) rose sharply during Tuesday's session after the company reported better-than-<a href="https://www.benzinga.com/quote/WSO/earnings">expected fourth-quarter EPS and revenue.</a>
Watsco reported quarterly earnings of $2.37 per share which beat the analyst consensus estimate of $2.16 per share. The company reported quarterly sales of $1.75 billion which beat the analyst consensus estimate of $1.66 billion.
Watsco shares jumped 8.7% to $525.81 on Tuesday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>GCL Global Holdings Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GCL#NASDAQ">GCL</a>) shares jumped 52% to $4.50.</li>
<li>GeneDx Holdings Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WGS#NASDAQ">WGS</a>) gained 26.5% to $96.57 after the company issued FY25 revenue guidance above consensus estimates.</li>
<li>WeRide Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WRD#NASDAQ">WRD</a>) gained 26.1% to $39.72.</li>
<li>Allogene Therapeutics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALLO#NASDAQ">ALLO</a>) gained 23% to $2.51.</li>
<li>Pagaya Technologies Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PGY#NASDAQ">PGY</a>) surged 19.5% to $18.36.</li>
<li>Oscar Health Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OSCR#NYSE">OSCR</a>) climbed 16.6% to $15.70.</li>
<li>Zai Lab Ltd – ADR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZLAB#NASDAQ">ZLAB</a>) gained 12.5% to $32.64. Zai Lab will announce fourth quarter and full year 2024 financial results and provide recent corporate updates on Feb. 27, 2025.</li>
<li>H&amp;E Equipment Services, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HEES#NASDAQ">HEES</a>) gained 12.4% to $98.12. H&amp;E Equipment Services received superior proposal from Herc Holdings Inc.</li>
<li>Super Micro Computer Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) gained 12.3% to $53.80 amid positive sentiment ahead of its annual report filing deadline on Feb 25. The shares are also rising following its upbeat FY2026 revenue projection last week.</li>
<li>Recursion Pharmaceuticals Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RXRX#NASDAQ">RXRX</a>) gained 12% to $11.79.</li>
<li>Intel Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) gained 9.7% to $25.88 amid reports suggesting Broadcom and TSMC are considering bids for portions of the company.</li>
<li>Moderna Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRNA#NASDAQ">MRNA</a>) gained 7.5% to $35.48.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/short-ideas/25/02/43781270/top-2-energy-stocks-that-are-ticking-portfolio-bombs-3">Top 2 Energy Stocks That Are Ticking Portfolio Bombs</a></li>
</ul>

Intraday Update

ALLO

INTC

MRNA

OSCR

RXRX

SMCI

ZLAB

Watsco Posts Upbeat Results, Joins GeneDx, Intel And Other Big Stocks Moving Higher On Tuesday

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>DE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$500.00</td>
<td>$94.1K</td>
<td>607</td>
<td>6.2K</td>
</tr>
<tr>
<td>HEES</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$90.00</td>
<td>$45.5K</td>
<td>6.4K</td>
<td>1.0K</td>
</tr>
<tr>
<td>LUNR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$20.00</td>
<td>$123.0K</td>
<td>3.2K</td>
<td>522</td>
</tr>
<tr>
<td>GD</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>02/21/25</td>
<td>$245.00</td>
<td>$33.3K</td>
<td>38</td>
<td>257</td>
</tr>
<tr>
<td>UBER</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>12/19/25</td>
<td>$30.00</td>
<td>$263.0K</td>
<td>4.5K</td>
<td>200</td>
</tr>
<tr>
<td>RTX</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$124.00</td>
<td>$62.8K</td>
<td>1.1K</td>
<td>74</td>
</tr>
<tr>
<td>FLR</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$57.50</td>
<td>$88.3K</td>
<td>128</td>
<td>50</td>
</tr>
<tr>
<td>ETN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$350.00</td>
<td>$118.7K</td>
<td>227</td>
<td>35</td>
</tr>
<tr>
<td>GEV</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$300.00</td>
<td>$187.5K</td>
<td>439</td>
<td>25</td>
</tr>
<tr>
<td>AXON</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>03/20/26</td>
<td>$500.00</td>
<td>$26.2K</td>
<td>1</td>
<td>8</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For DE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>), we notice a call option sweep that happens to be bearish, expiring in 3 day(s) on February 21, 2025. This event was a transfer of 277 contract(s) at a $500.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $94.1K, with a price of $340.0 per contract. There were 607 open contracts at this strike prior to today, and today 6220 contract(s) were bought and sold. 
• For HEES (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HEES#NASDAQ">HEES</a>), we notice a call option sweep that happens to be bullish, expiring in 3 day(s) on February 21, 2025. This event was a transfer of 46 contract(s) at a $90.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $45.5K, with a price of $990.0 per contract. There were 6477 open contracts at this strike prior to today, and today 1071 contract(s) were bought and sold. 
• Regarding LUNR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LUNR#NASDAQ">LUNR</a>), we observe a call option sweep with bearish sentiment. It expires in 122 day(s) on June 20, 2025. Parties traded 200 contract(s) at a $20.00 strike. This particular call needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $123.0K, with a price of $615.0 per contract. There were 3225 open contracts at this strike prior to today, and today 522 contract(s) were bought and sold. 
• For GD (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GD#NYSE">GD</a>), we notice a call option trade that happens to be neutral, expiring in 3 day(s) on February 21, 2025. This event was a transfer of 247 contract(s) at a $245.00 strike. The total cost received by the writing party (or parties) was $33.3K, with a price of $135.0 per contract. There were 38 open contracts at this strike prior to today, and today 257 contract(s) were bought and sold. 
• Regarding UBER (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>), we observe a call option trade with neutral sentiment. It expires in 304 day(s) on December 19, 2025. Parties traded 50 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $263.0K, with a price of $5260.0 per contract. There were 4564 open contracts at this strike prior to today, and today 200 contract(s) were bought and sold. 
• Regarding RTX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>), we observe a put option sweep with bullish sentiment. It expires in 3 day(s) on February 21, 2025. Parties traded 388 contract(s) at a $124.00 strike. This particular put needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $62.8K, with a price of $162.0 per contract. There were 1170 open contracts at this strike prior to today, and today 74 contract(s) were bought and sold. 
• For FLR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLR#NYSE">FLR</a>), we notice a put option trade that happens to be bearish, expiring in 58 day(s) on April 17, 2025. This event was a transfer of 48 contract(s) at a $57.50 strike. The total cost received by the writing party (or parties) was $88.3K, with a price of $1840.0 per contract. There were 128 open contracts at this strike prior to today, and today 50 contract(s) were bought and sold. 
• For ETN (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETN#NYSE">ETN</a>), we notice a put option sweep that happens to be bullish, expiring in 3 day(s) on February 21, 2025. This event was a transfer of 35 contract(s) at a $350.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $118.7K, with a price of $3400.0 per contract. There were 227 open contracts at this strike prior to today, and today 35 contract(s) were bought and sold. 
• For GEV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEV#NYSE">GEV</a>), we notice a call option trade that happens to be bullish, expiring in 3 day(s) on February 21, 2025. This event was a transfer of 25 contract(s) at a $300.00 strike. The total cost received by the writing party (or parties) was $187.5K, with a price of $7500.0 per contract. There were 439 open contracts at this strike prior to today, and today 25 contract(s) were bought and sold. 
• Regarding AXON (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AXON#NASDAQ">AXON</a>), we observe a call option trade with bearish sentiment. It expires in 395 day(s) on March 20, 2026. Parties traded 1 contract(s) at a $500.00 strike. The total cost received by the writing party (or parties) was $26.2K, with a price of $26250.0 per contract. There were 1 open contracts at this strike prior to today, and today 8 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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AXON

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10 Industrials Stocks Whale Activity In Today's Session

H&amp;E Equipment Services, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HEES#NASDAQ">HEES</a>) and&nbsp;Herc Holdings Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HRI#NYSE">HRI</a>) shares are moving on Tuesday.
H&amp;E Equipment Service stated that it received an acquisition offer from Herc Holdings to acquire all of its&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/25/02/g43776884/h-e-equipment-services-inc-receives-superior-proposal-from-herc-holdings-inc" rel="noreferrer noopener">outstanding shares for $104.89 per share</a>.
The price&nbsp;is based&nbsp;on Herc&#8217;s 10-day VWAP as of market close and closing price of $200.74 per share&nbsp;on February 14, 2025.
Herc&#8217;s definitive offer includes per share consideration of $78.75 in cash, minus any applicable tax withholding, and a fixed exchange ratio of 0.1287 shares of Herc common stock.&nbsp;
The offer, which includes a fully negotiated merger agreement and financing commitments, expires at 12:01 p.m. Eastern Time&nbsp;on February 24, 2025.
Also, H&amp;E&#8217;s Board has determined that Herc&#8217;s cash and stock merger is superior to the&nbsp;<a target="_blank" href="https://www.benzinga.com/25/01/42974291/he-equipment-service-stock-rockets-over-100-on-48-billion-acquisition-by-united-rentals" rel="noreferrer noopener">$92.00&nbsp;per share cash sale</a> to United Rentals, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/URI#NYSE">URI</a>). H&amp;E has notified United Rentals that it intends to terminate its merger agreement and enter into a merger agreement with Herc.
Upon the termination of H&amp;E&#8217;s agreement with United Rentals and the signing of a definitive merger agreement between Herc and H&amp;E, Herc plans to initiate a tender offer to acquire all outstanding shares of H&amp;E common stock.
The transaction&nbsp;is expected&nbsp;to close in mid-2025, pending the tendering of the majority of H&amp;E&#8217;s shares, receipt of customary regulatory approvals, and fulfillment of closing conditions.
Synergies: Herc&#8217;s proposal allows H&amp;E&#8217;s shareholders to benefit from the $300 million in expected EBITDA synergies by the end of year three after closing and from the anticipated higher&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">valuation multiple for the combined company</a>.
This&nbsp;includes around $125 million in cost synergies and about $175 million in EBITDA<a target="_blank" href="https://www.benzinga.com/pressreleases/25/02/b43777024/herc-holdings-confirms-superior-proposal-to-acquire-h-e-equipment-services" rel="noreferrer noopener"> impact from revenue synergies</a>.&nbsp;
The merger is expected to create a company with $5.2 billion in revenue and $2.5 billion in EBITDA, expecting&nbsp;above-market revenue growth and improved margins,&nbsp;with&nbsp;high single-digit cash EPS accretion in 2026 and&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">exceeding 20% as synergies materialize</a>.
United Rentals has acknowledged in writing that it will not submit a revised proposal and has waived its four-business-day match period <a target="_blank" href="https://www.benzinga.com//node/43777735" rel="noreferrer noopener">under the original merger agreement.</a>
Following H&amp;E&#8217;s termination of the merger agreement, United Rentals plans to immediately restart its share repurchase program.
As per the terms, if H&amp;E terminates its agreement with United Rentals to merge with Herc, it must pay a $63.52 million termination fees.
As of December 31, 2024, HRI&#8217;s net debt stood at $4 billion <a target="_blank" href="https://www.benzinga.com/news/earnings/25/02/43697410/herc-holdings-beats-q4-revenue-estimates-with-14-4-growth" rel="noreferrer noopener">and liquidity totaled $1.9 billion</a>.
Investors can gain exposure to&nbsp;the&nbsp;H&amp;E Equipment&nbsp;via&nbsp;IShares U.S. Infrastructure ETF&nbsp;(BATS:<a class="ticker" href="https://www.benzinga.com/stock/IFRA#BATS">IFRA</a>) and&nbsp;Avantis US Small Cap Equity ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AVSC#NYSE">AVSC</a>).
Price Action: HEES shares are up 14% at $99.85 &amp; HRI was down 10.9% at $178.80 at the last check Tuesday.
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H&E Equipment Drops United Rentals Deal For Herc Holdings' Offer: Details

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H&E Equipment Services shares are trading higher after the company deemed Herc's $104.89 per share cash and stock proposal superior to its agreement with United Rentals.

Under the merger agreement, H&amp;E is required to pay a termination fee of approximately $63.5 million to United Rentals if H&amp;E terminates the merger agreement to enter into an agreement for such acquisition proposal.
As of February 18, 2025, approximately $250 million of authorization remains on the company's existing $1.5 billion share repurchase program.

United Rentals To No Longer Pursue Acquisition Of H&E Equipment Services; Plans To Immediately Restart Its Share Repurchase Program

<h3>Gainers</h3>
<ul>
<li>Energy Focus (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EFOI#NASDAQ">EFOI</a>) stock moved upwards by 65.9% to $2.14 during Tuesday's pre-market session. The company's market cap stands at $11.2 million. </li>
<li>H&amp;E Equipment Servs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HEES#NASDAQ">HEES</a>) stock increased by 16.49% to $102.0. The company's market cap stands at $3.7 billion. </li>
<li>American Rebel Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AREB#NASDAQ">AREB</a>) shares rose 15.74% to $1.25. The company's market cap stands at $2.9 million. </li>
<li>Eastern (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EML#NASDAQ">EML</a>) stock moved upwards by 14.04% to $32.0. The company's market cap stands at $197.8 million. </li>
<li>Grab Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GRAB#NASDAQ">GRAB</a>) stock increased by 12.04% to $5.49. The market value of their outstanding shares is at $22.1 billion. </li>
<li>High-Trend International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HTCO#NASDAQ">HTCO</a>) shares moved upwards by 11.92% to $3.66. The company's market cap stands at $204.1 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Jet AI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JTAI#NASDAQ">JTAI</a>) shares declined by 20.4% to $4.8 during Tuesday's pre-market session. The company's market cap stands at $9.2 million. </li>
<li>INLIF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INLF#NASDAQ">INLF</a>) stock declined by 19.6% to $13.13. The company's market cap stands at $190.3 million. </li>
<li>Globavend Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GVH#NASDAQ">GVH</a>) stock declined by 18.56% to $0.61. The market value of their outstanding shares is at $9.1 million. As per the news, the FY earnings report came out 4 days ago. </li>
<li>Zoomcar Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZCAR#NASDAQ">ZCAR</a>) stock fell 12.89% to $1.42. The market value of their outstanding shares is at $7.5 million. As per the news, the Q3 earnings report came out 2 days ago. </li>
<li>ConnectM Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CNTM#NASDAQ">CNTM</a>) stock declined by 10.96% to $0.84. The market value of their outstanding shares is at $24.3 million. </li>
<li>New Century Logistics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NCEW#NASDAQ">NCEW</a>) shares decreased by 10.45% to $1.2. The market value of their outstanding shares is at $25.8 million. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Industrials Stocks Moving In Tuesday's Pre-Market Session

H&amp;E's Board of Directors has determined that Herc's cash and stock merger is superior to the $92.00 per share cash sale to United Rentals, and H&amp;E has notified United Rentals that it intends to terminate its merger agreement and enter into a merger agreement with Herc.
United Rentals notified H&amp;E in writing that it does not intend to submit a revised proposal and has waived its four business day match period under the United Rentals merger agreement.

H&E Equipment Services Deems Herc's $104.89 Per Share Cash and Stock Proposal Superior To United Rentals Transaction

<a href="https://www.ft.com/content/1e2ded90-4a51-4ffd-86ce-91d59cfd0059" title="https://www.ft.com/content/1e2ded90-4a51-4ffd-86ce-91d59cfd0059">https://www.ft.com/content/1e2ded90-4a51-4ffd-86ce-91d59cfd0059</a>

Financial Times Reported Earlier, H&E Equipment Services Accepted An Offer From Herc Rentals Of Nearly $5.3B, Rebuffing A Takeover Offer From United Rentals

Shares of GCL Global Holdings Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GCL#NASDAQ">GCL</a>) rose sharply in today&#8217;s pre-<a href="https://www.benzinga.com/quote/GCL">market trading</a>.
GCL and RF Acquisition Corp. disclosed the successful completion of their business combination.
GCL Global shares jumped 107.1% to $6.13 in the pre-market trading session.
Here are some other stocks moving in pre-market trading.
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li>Energy Focus, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EFOI#NASDAQ">EFOI</a>) rose 70% to $2.21 in pre-market trading after gaining over 5% on Friday.</li>
<li>GlycoMimetics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLYC#NASDAQ">GLYC</a>) shares jumped 53.1% to $0.4442 in pre-market trading. GlycoMimetics and Crescent amended merger agreement.</li>
<li>Aditxt, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADTX#NASDAQ">ADTX</a>) gained 30.1% to $0.0915 in pre-market trading after reporting financial and operational results for third quarter of fiscal year 2025.</li>
<li>Pagaya Technologies Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PGY#NASDAQ">PGY</a>) gained 23.3% to $18.95 in pre-market trading. Pagaya Technologies, last week, reported better-than-expected quarterly financial results.</li>
<li>TNL Mediagene (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TNMG#NASDAQ">TNMG</a>) gained 21.4% to $2.99 in pre-market trading after declining around 4% on Friday.</li>
<li>H&amp;E Equipment Services, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HEES#NASDAQ">HEES</a>) gained 21.2% to $106.00 in pre-market trading.</li>
<li>Cloudastructure Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSAI#NASDAQ">CSAI</a>) shares climbed 18.7% to $22.61 in pre-market trading after dipping 49% on Friday.</li>
<li>Aptose Biosciences Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APTO#NASDAQ">APTO</a>) gained 17.8% to $0.2120 in pre-market. Aptose, last week, entered into $25 million committed equity facility and enters at-the-market distributions.</li>
<li>Grab Holdings Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GRAB#NYSE">GRAB</a>) rose 14.3% to $5.60 in pre-market trading. Soros Fund Management dissolved share stake in Grab Holdings.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li>ReShape Lifesciences Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RSLS#NASDAQ">RSLS</a>) shares fell 60.4% to $0.9199 in pre-market trading after the company reported the pricing of upsized $6.0 million public offering.</li>
<li>Design Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DSGN#NASDAQ">DSGN</a>) shares fell 50.7% to $2.01 in pre-market trading.</li>
<li>Northern Technologies International Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTIC#NASDAQ">NTIC</a>) dipped 37.5% to $7.00 in pre-market trading.</li>
<li>Matrix Service Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTRX#NASDAQ">MTRX</a>) fell 30.2% to $10.61 in pre-market trading.</li>
<li>European Wax Center, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EWCZ#NASDAQ">EWCZ</a>) fell 27.7% to $5.31 in today's pre-market trading.</li>
<li>INLIF Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INLF#NASDAQ">INLF</a>) fell 26.4% to $12.02 in pre-market trading after jumping 81% on Friday.</li>
<li>MGO Global, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MGOL#NASDAQ">MGOL</a>) shares tumbled 25.2% to $0.5370 in pre-market trading. MGO Global&#8217;s stockholders approved business combination with Heidmar.</li>
<li>National Energy Services Reunited Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NESR#NASDAQ">NESR</a>) declined 23.7% to $7.20 in pre-market trading.</li>
<li>LiveWire Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LVWR#NASDAQ">LVWR</a>) fell 22.5% to $2.02 in pre-market trading.</li>
<li>Emerald Holding, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EEX#NYSE">EEX</a>) shares dipped 10.7% to $3.9100 in pre-market trading.</li>
</ul>
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Why GCL Global Holdings Shares Are Trading Higher By Around 107%; Here Are 20 Stocks Moving Premarket

United Rentals has elected to withdraw and refile its Premerger Notification and Report Form, which was initially filed on January 16, 2025, to provide the FTC with additional time for review, given the abbreviated 15-day review period associated with cash tender offers. Upon such refiling, the 15-day waiting period under the HSR Act restarted, with the new waiting period expiring at 11:59 P.M., Eastern Time, on February 18, 2025.
 &nbsp;

United Rentals Reveals Notice Of Withdrawal And Refiling Of Premerger Notification And Report Form Under HSR Act In Connection With Pending Acquisition Of H&E Equipment Services

United Rentals Commences Previously Announced Cash Tender Offer To Purchase H&E Equipment Services For $92.00 Per Share

These eight mid-cap stocks were the best performers in the last week. Are they in your portfolio?
<ol>
<li>H&amp;E Equipment Services, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HEES#NASDAQ">HEES</a>) shares rocketed 100.59% after United Rentals, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/URI#NYSE">URI</a>) announced it would acquire the <a href="https://www.benzinga.com//node/42974291" target="_blank" rel="noreferrer noopener">company for around $4.8 billion</a>. UBS downgraded H&amp;E Equipment to Neutral from Buy and raised the price <a href="https://www.benzinga.com/quote/HEES/analyst-ratings" target="_blank" rel="noreferrer noopener">forecast to $92 from $60</a>.</li>
<li>SEMrush Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SEMR#NYSE">SEMR</a>) shares jumped 36.17%, probably due to overall market strength after CPI data was in line with estimates and core CPI rose by less than expected. Also, Morgan Stanley upgraded the company to Overweight from Equal-Weight and raised the <a href="https://www.benzinga.com/quote/semr/analyst-ratings" target="_blank" rel="noreferrer noopener">price forecast to $20 from $17</a>.</li>
<li>Compass, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COMP#NYSE">COMP</a>) shares upped 26.36% after the company raised its <a href="https://www.benzinga.com//node/42997946" target="_blank" rel="noreferrer noopener">fourth-quarter and FY24 guidance</a>.</li>
<li>Blueprint Medicines Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BPMC#NASDAQ">BPMC</a>) shares grew 25.87% after the company reported a year-over-year increase in <a href="https://www.benzinga.com//node/42935745" target="_blank" rel="noreferrer noopener">FY24 AYVAKIT revenue results</a>.</li>
<li>Alignment Healthcare, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALHC#NASDAQ">ALHC</a>) stock grew 22.73%.</li>
<li>Option Care Health, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OPCH#NASDAQ">OPCH</a>) shares gained 21.55% last week after the company approved a new $500 million stock repurchase program and issued FY24 adjusted EPS guidance above estimates. Barrington Research maintains Option Care Health with an Outperform rating and raised the <a href="https://www.benzinga.com/quote/OPCH/analyst-ratings" target="_blank" rel="noreferrer noopener">price forecast from $32 to $33</a>.</li>
<li>ImmunityBio, Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBRX#NASDAQ">IBRX</a>) stock escalated 21.49% on updates on its ongoing FDA discussions regarding three areas of its clinical development pipeline: non-muscle invasive bladder cancer (NMIBC) and <a href="https://www.benzinga.com//node/43038889" target="_blank" rel="noreferrer noopener">non-small cell lung cancer (NSCLC)</a>.</li>
<li>IonQ, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IONQ#NYSE">IONQ</a>) stock surged 20.29%  after Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) issued a statement to its business customers to get "quantum ready" and NVIDIA Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) announced <a href="https://www.benzinga.com/25/01/43011494/whats-going-on-with-ionq-stock-today" target="_blank" rel="noreferrer noopener">its first-ever quantum day event</a>.</li>
</ol>
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<li><a href="https://www.benzinga.com/news/large-cap/25/01/43076444/moderna-gamestop-and-snap-are-among-top-large-cap-losers-last-week-jan-13-jan-17-are-the-others-in-your-portfolio" target="_blank" rel="noreferrer noopener">Moderna, GameStop And Snap Are Among Top Large-Cap Losers Last Week (Jan 13-Jan 17): Are The Others In Your Portfolio?</a></li>
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SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates TGI, AVTE, HEES, AMPY on Behalf of Shareholders

Herc Holdings Extends Tender Offer to Acquire H&E Equipment Services

H&E Rentals Reports First Quarter 2025 Results

Herc Holdings Announces Expiration of HSR Act Waiting Period for Planned Acquisition of H&E Equipment Services

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H&E Rentals Provides Update on Quarterly Cash Dividend

Herc Holdings and H&E Equipment Services Announce Expiration of the Tender Offer to Acquire Shares of H&E Equipment Services and Expected Closing Date

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