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

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

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

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

WillScot Mobile Mini Stock Performance

Shares of WillScot Mobile Mini stock traded down $0.48 on Friday, hitting $34.50. The stock had a trading volume of 930,541 shares, compared to its average volume of 2,273,424. The stock has a market cap of $6.37 billion, a price-to-earnings ratio of 318.03, a price-to-earnings-growth ratio of 2.23 and a beta of 1.37. The business’s 50 day moving average is $37.97 and its two-hundred day moving average is $38.26. The company has a quick ratio of 0.82, a current ratio of 0.90 and a debt-to-equity ratio of 3.42. WillScot Mobile Mini Holdings Corp. has a twelve month low of $32.71 and a twelve month high of $52.16.

WillScot Mobile Mini (NASDAQ:WSC) last announced its earnings results 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 business had revenue of $601.43 million during the quarter, compared to the consensus estimate of $617.83 million. During the same period in the previous year, the firm posted $0.46 EPS. The company’s revenue was down .6% compared to the same quarter last year. Analysts forecast that WillScot Mobile Mini Holdings Corp. will post 1.53 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in WSC. V Square Quantitative Management LLC acquired a new position in shares of WillScot Mobile Mini in the 3rd quarter valued at approximately $25,000. Hexagon Capital Partners LLC raised its position in WillScot Mobile Mini by 200.0% during the third quarter. Hexagon Capital Partners LLC now owns 900 shares of the company’s stock valued at $34,000 after purchasing an additional 600 shares in the last quarter. Financial Management Professionals Inc. bought a new stake in WillScot Mobile Mini during the third quarter worth $36,000. Summit Securities Group LLC acquired a new stake in shares of WillScot Mobile Mini in the 2nd quarter valued at $56,000. Finally, CWM LLC increased its stake in shares of WillScot Mobile Mini by 80.3% in the 2nd quarter. CWM LLC now owns 1,635 shares of the company’s stock valued at $62,000 after purchasing an additional 728 shares during the last quarter. Institutional investors and hedge funds own 95.81% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on WSC shares. Deutsche Bank Aktiengesellschaft downgraded WillScot Mobile Mini from a “buy” rating to a “hold” rating and cut their price objective for the company from $46.00 to $35.00 in a report on Thursday, October 31st. DA Davidson cut their price target on shares of WillScot Mobile Mini from $54.00 to $47.00 and set a “buy” rating for the company in a research note on Monday, August 5th. Baird R W lowered shares of WillScot Mobile Mini from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 24th. Oppenheimer dropped 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 report on Friday, August 2nd. Finally, Bank of America reduced their price target on WillScot Mobile Mini from $56.00 to $54.00 and set a “buy” rating for the company in a report on Friday, August 2nd. Six investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $45.00.

About WillScot Mobile Mini

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.