WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) CEO Acquires $192,200.00 in Stock

WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) CEO Bradley Lee Soultz purchased 5,000 shares of the firm’s stock in a transaction on Tuesday, May 7th. The shares were acquired at an average price of $38.44 per share, with a total value of $192,200.00. Following the completion of the acquisition, the chief executive officer now owns 157,771 shares in the company, valued at approximately $6,064,717.24. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link.

Bradley Lee Soultz also recently made the following trade(s):

• On Monday, March 4th, Bradley Lee Soultz bought 5,000 shares of WillScot Mobile Mini stock. The shares were acquired at an average price of $47.76 per share, for a total transaction of $238,800.00.

WillScot Mobile Mini Stock Performance

NASDAQ WSC opened at $39.34 on Thursday. The company has a debt-to-equity ratio of 2.63, a current ratio of 0.97 and a quick ratio of 0.89. The company has a fifty day moving average price of $42.89 and a 200-day moving average price of $43.01. WillScot Mobile Mini Holdings Corp. has a 1 year low of $34.40 and a 1 year high of $52.16. The firm has a market cap of $7.47 billion, a price-to-earnings ratio of 24.28, a PEG ratio of 0.93 and a beta of 1.36.

WillScot Mobile Mini (NASDAQ:WSC) last issued its quarterly earnings data on Thursday, May 2nd. The company reported $0.29 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.04). WillScot Mobile Mini had a return on equity of 24.14% and a net margin of 13.48%. The firm had revenue of $587.18 million during the quarter, compared to the consensus estimate of $579.98 million. During the same period in the previous year, the company posted $0.36 earnings per share. The company’s revenue for the quarter was up 3.8% on a year-over-year basis. As a group, equities research analysts predict that WillScot Mobile Mini Holdings Corp. will post 1.93 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Wells Fargo & Company increased their price target on WillScot Mobile Mini from $55.00 to $57.00 and gave the stock an “overweight” rating in a report on Wednesday, February 21st. Jefferies Financial Group cut shares of WillScot Mobile Mini from a “buy” rating to a “hold” rating and cut their price objective for the stock from $58.00 to $42.00 in a research report on Monday, April 1st. Barclays boosted their target price on WillScot Mobile Mini from $50.00 to $60.00 and gave the company an “overweight” rating in a research report on Wednesday, February 28th. Oppenheimer reissued an “outperform” rating and issued a $53.00 price objective (down previously from $60.00) on shares of WillScot Mobile Mini in a research note on Monday. Finally, DA Davidson reduced their price target on shares of WillScot Mobile Mini from $56.00 to $54.00 and set a “buy” rating for the company in a research report on Tuesday. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $51.00.

Institutional Trading of WillScot Mobile Mini

A number of hedge funds have recently bought and sold shares of the business. Bourgeon Capital Management LLC raised its position in WillScot Mobile Mini by 1,063.6% in the fourth quarter. Bourgeon Capital Management LLC now owns 640 shares of the company’s stock worth $28,000 after acquiring an additional 585 shares during the period. Quarry LP purchased a new position in WillScot Mobile Mini in the fourth quarter valued at approximately $38,000. TFO Wealth Partners LLC grew its holdings in WillScot Mobile Mini by 6,578.6% during the fourth quarter. TFO Wealth Partners LLC now owns 935 shares of the company’s stock valued at $42,000 after purchasing an additional 921 shares during the period. Fidelis Capital Partners LLC purchased a new stake in WillScot Mobile Mini in the first quarter worth $55,000. Finally, Principal Securities Inc. bought a new stake in shares of WillScot Mobile Mini in the fourth quarter valued at $71,000. 95.81% of the stock is currently owned by institutional investors.

WillScot Mobile Mini Company Profile

WillScot Mobile Mini Holdings Corp. provides workspace and portable storage solutions in the United States, Canada, and Mexico. It operates in two segments, Modular Solutions and Storage Solutions. Its modular solutions include panelized and stackable offices, single-wide modular space units, section modulars and redi-plex, classrooms, ground level offices, blast-resistant modules, clearspan structures, and other modular space; and portable storage solutions, such as portable and cold storage containers, as well as trailers.