Urgent.ly Inc. (NASDAQ:ULY) Director Volkow Ben Sells 11,900 Shares of Stock

Urgent.ly Inc. (NASDAQ:ULY) Director Volkow Ben sold 11,900 shares of the company’s stock in a transaction that occurred on Thursday, April 18th. The shares were sold at an average price of $1.72, for a total value of $20,468.00. Following the sale, the director now directly owns 548,044 shares of the company’s stock, valued at $942,635.68. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Volkow Ben also recently made the following trade(s):

• On Monday, March 18th, Volkow Ben sold 24,500 shares of Urgent.ly stock. The shares were sold at an average price of $2.22, for a total transaction of $54,390.00.

Urgent.ly Stock Performance

Shares of NASDAQ:ULY opened at $1.65 on Tuesday. The company has a debt-to-equity ratio of 6.88, a current ratio of 3.47 and a quick ratio of 3.47. The firm has a 50-day moving average price of $2.12. Urgent.ly Inc. has a 52 week low of $1.47 and a 52 week high of $12.00.

Urgent.ly (NASDAQ:ULY) last posted its quarterly earnings results on Thursday, March 14th. The company reported ($2.43) EPS for the quarter. The firm had revenue of $45.05 million during the quarter.

Institutional Investors Weigh In On Urgent.ly

Several institutional investors have recently made changes to their positions in the stock. Bank Hapoalim BM purchased a new position in shares of Urgent.ly in the 4th quarter valued at about $47,000. Wellspring Financial Advisors LLC purchased a new position in Urgent.ly in the fourth quarter valued at about $69,000. Wealthspire Advisors LLC acquired a new stake in shares of Urgent.ly during the 4th quarter valued at approximately $136,000. Black Maple Capital Management LP purchased a new stake in shares of Urgent.ly during the 4th quarter worth approximately $447,000. Finally, Cowen AND Company LLC acquired a new stake in shares of Urgent.ly in the 4th quarter worth approximately $1,275,000. 28.30% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, Needham & Company LLC reduced their target price on shares of Urgent.ly from $7.00 to $5.00 and set a “buy” rating for the company in a research note on Friday, March 15th.

About Urgent.ly

Urgent.ly Inc offers mobility assistance software platform for roadside assistance in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Its services include car lockout, tire changes, towing, stuck in ditch and winch services, motorcycle towing, electric vehicle towing, jump start, and gas delivery.