Diwakar Choubey Sells 5,253 Shares of MoneyLion Inc. (NYSE:ML) Stock

MoneyLion Inc. (NYSE:MLGet Free Report) CEO Diwakar Choubey sold 5,253 shares of the business’s stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $85.76, for a total value of $450,497.28. Following the sale, the chief executive officer now owns 344,928 shares of the company’s stock, valued at approximately $29,581,025.28. This represents a 1.50 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Diwakar Choubey also recently made the following trade(s):

  • On Tuesday, February 18th, Diwakar Choubey sold 18,506 shares of MoneyLion stock. The shares were sold at an average price of $87.26, for a total value of $1,614,833.56.
  • On Friday, November 29th, Diwakar Choubey sold 16,080 shares of MoneyLion stock. The shares were sold at an average price of $90.44, for a total value of $1,454,275.20.
  • On Wednesday, November 27th, Diwakar Choubey sold 720 shares of MoneyLion stock. The shares were sold at an average price of $90.01, for a total value of $64,807.20.

MoneyLion Trading Up 0.6 %

NYSE ML opened at $86.00 on Wednesday. The stock’s 50 day moving average is $86.60 and its 200 day moving average is $67.00. MoneyLion Inc. has a 12 month low of $36.65 and a 12 month high of $106.82. The stock has a market cap of $954.69 million, a PE ratio of 390.91 and a beta of 3.06.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on ML shares. Needham & Company LLC reiterated a “hold” rating and set a $100.00 price objective on shares of MoneyLion in a research note on Wednesday, December 11th. Oppenheimer upgraded MoneyLion from a “market perform” rating to an “outperform” rating and set a $80.00 price objective for the company in a research note on Thursday, November 7th. Northland Securities boosted their price objective on MoneyLion from $80.00 to $100.00 and gave the company an “outperform” rating in a research note on Wednesday, November 27th. Finally, Lake Street Capital reiterated a “hold” rating and set a $82.00 price objective (down from $109.00) on shares of MoneyLion in a research note on Wednesday, December 11th. Two investment analysts have rated the stock with a hold rating, four have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, MoneyLion has a consensus rating of “Buy” and a consensus target price of $100.00.

Get Our Latest Analysis on MoneyLion

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in ML. MMCAP International Inc. SPC purchased a new position in MoneyLion in the 4th quarter worth approximately $41,435,000. Cooper Creek Partners Management LLC purchased a new stake in shares of MoneyLion during the 4th quarter worth approximately $21,933,000. Tudor Investment Corp ET AL raised its holdings in shares of MoneyLion by 1,825.7% during the 4th quarter. Tudor Investment Corp ET AL now owns 145,003 shares of the company’s stock worth $12,472,000 after acquiring an additional 137,473 shares in the last quarter. Schonfeld Strategic Advisors LLC purchased a new stake in shares of MoneyLion during the 4th quarter worth approximately $9,828,000. Finally, Nuveen Asset Management LLC raised its holdings in shares of MoneyLion by 138.7% during the 4th quarter. Nuveen Asset Management LLC now owns 174,585 shares of the company’s stock worth $15,016,000 after acquiring an additional 101,455 shares in the last quarter. 31.43% of the stock is owned by hedge funds and other institutional investors.

MoneyLion Company Profile

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for MoneyLion (NYSE:ML)

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