Cwm LLC Increases Stake in Mobile Infrastructure Co. (NASDAQ:BEEP)

Cwm LLC boosted its stake in Mobile Infrastructure Co. (NASDAQ:BEEP) by 447.7% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 18,408 shares of the company’s stock after buying an additional 15,047 shares during the quarter. Cwm LLC’s holdings in Mobile Infrastructure were worth $75,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the company. International Assets Investment Management LLC purchased a new position in shares of Mobile Infrastructure in the 4th quarter valued at approximately $1,193,000. Ausdal Financial Partners Inc. purchased a new stake in shares of Mobile Infrastructure in the 3rd quarter worth approximately $328,000. Realta Investment Advisors bought a new position in Mobile Infrastructure during the 4th quarter valued at approximately $345,000. Arkadios Wealth Advisors raised its stake in Mobile Infrastructure by 151.0% during the fourth quarter. Arkadios Wealth Advisors now owns 60,092 shares of the company’s stock valued at $243,000 after buying an additional 36,154 shares during the last quarter. Finally, Atomi Financial Group Inc. bought a new stake in Mobile Infrastructure in the third quarter worth $76,000. 84.30% of the stock is owned by institutional investors.

Insider Activity

In other Mobile Infrastructure news, CEO Manuel Chavez III acquired 33,043 shares of the company’s stock in a transaction that occurred on Thursday, April 18th. The shares were bought at an average price 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 approximately $174,332.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders acquired 41,799 shares of company stock valued at $142,953 in the last quarter. 22.06% of the stock is currently owned by insiders.

Mobile Infrastructure Stock Down 0.3 %

BEEP opened at $3.55 on Wednesday. Mobile Infrastructure Co. has a 1 year low of $2.75 and a 1 year high of $20.12. The stock has a 50-day moving average price of $3.62 and a 200-day moving average price of $3.90.

Mobile Infrastructure (NASDAQ:BEEP) last released its quarterly earnings data on Thursday, March 14th. The company reported ($0.69) EPS for the quarter. The company had revenue of $7.89 million during the quarter.

Mobile Infrastructure Profile

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.