Insider Buying: WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) CEO Buys 10,000 Shares of Stock

WillScot Mobile Mini Holdings Corp. (NASDAQ:WSCGet Rating) CEO Bradley Lee Soultz bought 10,000 shares of the stock in a transaction that occurred on Monday, May 9th. The shares were bought at an average cost of $33.33 per share, with a total value of $333,300.00. Following the completion of the purchase, the chief executive officer now directly owns 417,471 shares in the company, valued at $13,914,308.43. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink.

WSC opened at $32.20 on Tuesday. The business has a 50 day moving average price of $37.07 and a two-hundred day moving average price of $37.73. The company has a quick ratio of 0.86, a current ratio of 0.94 and a debt-to-equity ratio of 1.42. The company has a market cap of $7.19 billion, a PE ratio of 36.59, a P/E/G ratio of 0.98 and a beta of 1.73. WillScot Mobile Mini Holdings Corp. has a 52 week low of $26.15 and a 52 week high of $42.00.

WillScot Mobile Mini (NASDAQ:WSCGet Rating) last released its earnings results on Wednesday, April 27th. The company reported $0.22 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.22. WillScot Mobile Mini had a return on equity of 11.13% and a net margin of 10.46%. The company had revenue of $508.89 million for the quarter, compared to analysts’ expectations of $476.67 million. During the same quarter in the previous year, the firm posted $0.14 EPS. As a group, sell-side analysts expect that WillScot Mobile Mini Holdings Corp. will post 1.32 EPS for the current fiscal year.

Several research analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $49.00 price objective on shares of WillScot Mobile Mini in a research report on Friday, April 29th. Barclays raised WillScot Mobile Mini from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $40.00 to $50.00 in a research report on Wednesday, March 2nd. Finally, Zacks Investment Research raised WillScot Mobile Mini from a “hold” rating to a “buy” rating and set a $39.00 target price for the company in a report on Tuesday, May 3rd. Seven investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, WillScot Mobile Mini currently has a consensus rating of “Buy” and a consensus price target of $43.57.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Macquarie Group Ltd. increased its position in WillScot Mobile Mini by 16.0% during the 3rd quarter. Macquarie Group Ltd. now owns 3,431,674 shares of the company’s stock worth $108,862,000 after purchasing an additional 473,361 shares during the period. Wolverine Asset Management LLC grew its holdings in shares of WillScot Mobile Mini by 1.8% in the 3rd quarter. Wolverine Asset Management LLC now owns 215,000 shares of the company’s stock worth $6,819,000 after acquiring an additional 3,904 shares during the period. ProShare Advisors LLC grew its holdings in shares of WillScot Mobile Mini by 70.4% in the 4th quarter. ProShare Advisors LLC now owns 47,315 shares of the company’s stock worth $1,933,000 after acquiring an additional 19,550 shares during the period. Sciencast Management LP acquired a new stake in shares of WillScot Mobile Mini in the 4th quarter worth approximately $2,071,000. Finally, Rockefeller Capital Management L.P. grew its holdings in shares of WillScot Mobile Mini by 18.7% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 42,510 shares of the company’s stock worth $1,348,000 after acquiring an additional 6,686 shares during the period. Institutional investors own 98.98% of the company’s stock.

WillScot Mobile Mini Company Profile (Get Rating)

WillScot Mobile Mini Holdings Corp. provides work space and portable storage solutions in the United States, Canada, Mexico, and the United Kingdom. The company leases modular space and portable storage units to customers in the commercial and industrial, construction, education, energy and natural resources, government, and other end markets.

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Insider Buying and Selling by Quarter for WillScot Mobile Mini (NASDAQ:WSC)

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