MoneyLion Inc. (NYSE:ML) Receives $95.00 Consensus Target Price from Analysts

Shares of MoneyLion Inc. (NYSE:ML) have received a consensus rating of “Buy” from the five research firms that are covering the company, Marketbeat reports. Five research analysts have rated the stock with a buy rating. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $95.00.

A number of equities analysts have issued reports on the company. B. Riley reiterated a “buy” rating and issued a $133.00 price objective on shares of MoneyLion in a report on Tuesday, June 25th. Needham & Company LLC decreased their price objective on MoneyLion from $100.00 to $70.00 and set a “buy” rating for the company in a report on Wednesday, August 7th. Finally, Craig Hallum increased their price objective on MoneyLion from $100.00 to $105.00 and gave the stock a “buy” rating in a report on Wednesday, May 8th.

Insider Transactions at MoneyLion

In other news, CEO Diwakar Choubey sold 20,133 shares of the stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $45.10, for a total value of $907,998.30. Following the sale, the chief executive officer now directly owns 716,380 shares of the company’s stock, valued at $32,308,738. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In related news, CAO Mark Torossian sold 811 shares of the stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $45.10, for a total transaction of $36,576.10. Following the sale, the chief accounting officer now directly owns 21,395 shares of the company’s stock, valued at $964,914.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Diwakar Choubey sold 20,133 shares of the stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $45.10, for a total value of $907,998.30. Following the sale, the chief executive officer now directly owns 716,380 shares in the company, valued at $32,308,738. The disclosure for this sale can be found here. Over the last three months, insiders have sold 125,150 shares of company stock valued at $9,175,290. Insiders own 14.10% of the company’s stock.

Institutional Investors Weigh In On MoneyLion

Several institutional investors have recently modified their holdings of ML. Tower Research Capital LLC TRC purchased a new stake in shares of MoneyLion during the fourth quarter valued at $35,000. EntryPoint Capital LLC purchased a new stake in shares of MoneyLion during the first quarter valued at $70,000. Fiducient Advisors LLC purchased a new stake in shares of MoneyLion during the second quarter valued at $204,000. Commonwealth Equity Services LLC purchased a new stake in shares of MoneyLion during the second quarter valued at $227,000. Finally, SG Americas Securities LLC bought a new position in MoneyLion in the first quarter valued at about $236,000. 31.43% of the stock is owned by hedge funds and other institutional investors.

MoneyLion Stock Up 0.9 %

Shares of MoneyLion stock opened at $43.27 on Friday. The company has a market cap of $474.67 million, a PE ratio of -14.92 and a beta of 2.74. The business has a 50 day moving average of $59.76 and a 200 day moving average of $68.39. MoneyLion has a 52 week low of $17.40 and a 52 week high of $106.82.

MoneyLion (NYSE:ML) last announced its earnings results on Tuesday, August 6th. The company reported $0.26 EPS for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.27. The company had revenue of $130.90 million during the quarter, compared to the consensus estimate of $127.03 million. MoneyLion had a return on equity of 0.72% and a net margin of 0.40%. The firm’s revenue for the quarter was up 22.9% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.42) earnings per share. On average, research analysts anticipate that MoneyLion will post 1.4 earnings per share for the current year.

MoneyLion Company Profile

MoneyLion Inc, a financial technology company, provides personalized products and financial content for American consumers. The company's platform offers access to banking, borrowing, and investing solutions for customers. Its principal products include RoarMoney, an insured digital demand deposit account; Instacash, a cash advance product that gives customers early access to their recurring income deposits; Credit Builder Plus membership program; MoneyLion Investing, an online investment account that offers access to separately managed accounts invested based on model exchange-traded fund portfolios; Roundups, which provides features designed to encourage customers to establish good saving and investing habits; and MoneyLion Crypto, an online cryptocurrency account.