International Assets Investment Management LLC acquired a new position in Mobile Infrastructure Co. (NASDAQ:BEEP – Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 294,447 shares of the company’s stock, valued at approximately $1,193,000. International Assets Investment Management LLC owned approximately 1.96% of Mobile Infrastructure as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in BEEP. Wagner Wealth Management LLC purchased a new position in shares of Mobile Infrastructure in the 3rd quarter worth approximately $35,000. Atomi Financial Group Inc. bought a new stake in Mobile Infrastructure during the third quarter worth $76,000. Arkadios Wealth Advisors purchased a new position in Mobile Infrastructure in the third quarter worth $84,000. Ausdal Financial Partners Inc. bought a new position in Mobile Infrastructure in the 3rd quarter valued at $328,000. Finally, Realta Investment Advisors purchased a new stake in shares of Mobile Infrastructure during the 4th quarter valued at $345,000. Hedge funds and other institutional investors own 84.30% of the company’s stock.
Insider Buying and Selling
In other news, CEO Manuel Chavez III acquired 33,043 shares of Mobile Infrastructure stock in a transaction on Thursday, April 18th. The stock was acquired at an average cost of $3.41 per share, with a total value of $112,676.63. Following the completion of the acquisition, the chief executive officer now owns 51,124 shares in the company, valued at $174,332.84. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 22.06% of the stock is currently owned by insiders.
Mobile Infrastructure Trading Up 7.8 %
Mobile Infrastructure (NASDAQ:BEEP – Get Free Report) last announced its quarterly earnings data on Thursday, March 14th. The company reported ($0.69) EPS for the quarter. The business had revenue of $7.89 million for the quarter.
About Mobile Infrastructure
Mobile Infrastructure Corporation is a Maryland corporation. The Company owns a diversified portfolio of parking assets primarily located in the Midwest and Southwest. As of December 31, 2023, the Company owned 43 parking facilities in 21 separate markets throughout the United States, with a total of 15,700 parking spaces and approximately 5.4 million square feet.
Recommended Stories
- Five stocks we like better than Mobile Infrastructure
- Best ESG Stocks: 11 Best Stocks for ESG Investing
- It’s Time to Buy Into the Super Micro Computer Stock Implosion
- Low PE Growth Stocks: Unlocking Investment Opportunities
- Merger or Not, Albertson’s Companies is a Good Buy
- How to Read Stock Charts for Beginners
- 3 Cheap Stocks That Shouldn’t Be So
Want to see what other hedge funds are holding BEEP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Mobile Infrastructure Co. (NASDAQ:BEEP – Free Report).
Receive News & Ratings for Mobile Infrastructure Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mobile Infrastructure and related companies with MarketBeat.com's FREE daily email newsletter.