Bradley Lee Soultz Buys 5,000 Shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Stock

WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) CEO Bradley Lee Soultz acquired 5,000 shares of the firm’s stock in a transaction on Thursday, November 14th. The shares were purchased at an average cost of $35.41 per share, for a total transaction of $177,050.00. Following the completion of the purchase, the chief executive officer now directly owns 144,686 shares of the company’s stock, valued at approximately $5,123,331.26. The trade was a 3.58 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Monday, November 4th, Bradley Lee Soultz acquired 5,000 shares of WillScot Mobile Mini stock. The stock was acquired at an average cost of $36.38 per share, for a total transaction of $181,900.00.
• On Wednesday, September 18th, Bradley Lee Soultz acquired 5,000 shares of WillScot Mobile Mini stock. The shares were bought at an average cost of $38.97 per share, for a total transaction of $194,850.00.

WillScot Mobile Mini Price Performance

WillScot Mobile Mini stock opened at $34.38 on Friday. The stock’s fifty day moving average price is $37.94 and its two-hundred day moving average price is $38.24. The firm has a market cap of $6.35 billion, a PE ratio of 312.57, a price-to-earnings-growth ratio of 2.11 and a beta of 1.37. The company has a debt-to-equity ratio of 3.42, a current ratio of 0.90 and a quick ratio of 0.82. WillScot Mobile Mini Holdings Corp. has a one year low of $32.71 and a one year high of $52.16.

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

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. V Square Quantitative Management LLC acquired a new position in shares of WillScot Mobile Mini in the 3rd quarter worth approximately $25,000. Hexagon Capital Partners LLC raised its stake in WillScot Mobile Mini by 200.0% during the third quarter. Hexagon Capital Partners LLC now owns 900 shares of the company’s stock worth $34,000 after buying an additional 600 shares during the last quarter. Financial Management Professionals Inc. acquired a new position in WillScot Mobile Mini in the third quarter valued at $36,000. Summit Securities Group LLC bought a new stake in WillScot Mobile Mini during the second quarter valued at $56,000. Finally, CWM LLC grew its holdings in WillScot Mobile Mini by 80.3% during the 2nd quarter. CWM LLC now owns 1,635 shares of the company’s stock worth $62,000 after acquiring an additional 728 shares during the period. Institutional investors own 95.81% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on WSC. DA Davidson decreased their price objective on 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. Barclays decreased their price target on 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. Baird R W cut WillScot Mobile Mini from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 24th. Oppenheimer reduced their target price on shares of WillScot Mobile Mini from $53.00 to $46.00 and set an “outperform” rating on the stock in a research note on Friday, August 2nd. Finally, Bank of America dropped 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 note on Friday, August 2nd. Six investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the stock 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.