Insider Buying: WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) CEO Purchases $181,900.00 in Stock

WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) CEO Bradley Lee Soultz acquired 5,000 shares of WillScot Mobile Mini stock in a transaction dated Monday, November 4th. The shares were purchased at an average cost of $36.38 per share, with a total value of $181,900.00. Following the completion of the transaction, the chief executive officer now directly owns 144,686 shares of the company’s stock, valued at $5,263,676.68. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink.

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

• On Wednesday, September 18th, Bradley Lee Soultz bought 5,000 shares of WillScot Mobile Mini stock. The stock was purchased at an average price of $38.97 per share, for a total transaction of $194,850.00.

WillScot Mobile Mini Stock Performance

Shares of NASDAQ WSC opened at $39.68 on Friday. WillScot Mobile Mini Holdings Corp. has a 12 month low of $32.71 and a 12 month high of $52.16. The stock has a 50 day moving average of $37.96 and a 200-day moving average of $38.26. The company has a current ratio of 0.90, a quick ratio of 0.82 and a debt-to-equity ratio of 3.42. The company has a market capitalization of $7.33 billion, a P/E ratio of 360.76, a P/E/G ratio of 2.41 and a beta of 1.37.

WillScot Mobile Mini (NASDAQ:WSC) last released its quarterly earnings data on Wednesday, October 30th. The company reported $0.38 EPS for the quarter, missing the consensus estimate of $0.48 by ($0.10). The company had revenue of $601.43 million during the quarter, compared to analyst estimates of $617.83 million. WillScot Mobile Mini had a net margin of 1.05% and a return on equity of 23.97%. WillScot Mobile Mini’s revenue for the quarter was down .6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.46 earnings per share. As a group, equities research analysts predict that WillScot Mobile Mini Holdings Corp. will post 1.53 EPS for the current year.

Institutional Investors Weigh In On WillScot Mobile Mini

Hedge funds have recently bought and sold shares of the stock. V Square Quantitative Management LLC acquired a new position in shares of WillScot Mobile Mini in the third quarter valued at approximately $25,000. Hexagon Capital Partners LLC grew its holdings in WillScot Mobile Mini by 200.0% in the 3rd quarter. Hexagon Capital Partners LLC now owns 900 shares of the company’s stock valued at $34,000 after buying an additional 600 shares in the last quarter. Financial Management Professionals Inc. bought a new position in WillScot Mobile Mini during the 3rd quarter worth $36,000. Fidelis Capital Partners LLC acquired a new stake in shares of WillScot Mobile Mini during the first quarter worth $55,000. Finally, Summit Securities Group LLC bought a new stake in shares of WillScot Mobile Mini in the second quarter valued at about $56,000. 95.81% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on WSC shares. Barclays lowered their price objective on shares of WillScot Mobile Mini from $44.00 to $40.00 and set an “equal weight” rating on the stock in a report on Friday, November 1st. DA Davidson cut their price target on shares of WillScot Mobile Mini from $54.00 to $47.00 and set a “buy” rating on the stock in a research report on Monday, August 5th. Deutsche Bank Aktiengesellschaft cut WillScot Mobile Mini from a “buy” rating to a “hold” rating and decreased their price objective for the company from $46.00 to $35.00 in a report on Thursday, October 31st. Oppenheimer dropped their target price on WillScot Mobile Mini from $53.00 to $46.00 and set an “outperform” rating on the stock in a report on Friday, August 2nd. Finally, Bank of America decreased their price target on WillScot Mobile Mini from $56.00 to $54.00 and set a “buy” rating for the company in a research note on Friday, August 2nd. Six investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, WillScot Mobile Mini presently has a consensus rating of “Hold” and a consensus price target of $45.00.

WillScot Mobile Mini Company Profile

WillScot Holdings Corporation 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.