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

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

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

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

WillScot Mobile Mini Stock Down 5.4 %

WSC traded down $1.98 during trading on Thursday, hitting $34.98. The stock had a trading volume of 5,006,853 shares, compared to its average volume of 2,279,713. WillScot Mobile Mini Holdings Corp. has a twelve month low of $32.71 and a twelve month high of $52.16. The stock has a 50 day simple moving average of $37.97 and a two-hundred day simple moving average of $38.26. The company has a debt-to-equity ratio of 3.42, a quick ratio of 0.82 and a current ratio of 0.90. The company has a market capitalization of $6.46 billion, a PE ratio of 328.48, a PEG ratio of 2.28 and a beta of 1.37.

WillScot Mobile Mini (NASDAQ:WSC) last issued its earnings results on Wednesday, October 30th. The company reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by ($0.10). WillScot Mobile Mini had a return on equity of 23.97% and a net margin of 1.05%. The business had revenue of $601.43 million for the quarter, compared to analysts’ expectations of $617.83 million. During the same period last year, the business earned $0.46 EPS. The company’s revenue for the quarter was down .6% on a year-over-year basis. On average, research analysts predict that WillScot Mobile Mini Holdings Corp. will post 1.53 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on WSC shares. Oppenheimer dropped their price objective on WillScot Mobile Mini from $53.00 to $46.00 and set an “outperform” rating for the company in a research note on Friday, August 2nd. DA Davidson dropped their price objective on 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 downgraded WillScot Mobile Mini from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 24th. Bank of America lowered their price target on WillScot Mobile Mini from $56.00 to $54.00 and set a “buy” rating on the stock in a research report on Friday, August 2nd. Finally, Stifel Nicolaus lowered their price target on WillScot Mobile Mini from $48.00 to $46.00 and set a “buy” rating on the stock in a research report on Friday, August 2nd. Six 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 company has an average rating of “Hold” and a consensus price target of $45.00.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. V Square Quantitative Management LLC acquired a new position in WillScot Mobile Mini during the third quarter worth about $25,000. Hexagon Capital Partners LLC boosted 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 worth $34,000 after acquiring an additional 600 shares during the last quarter. Financial Management Professionals Inc. acquired a new position in WillScot Mobile Mini during the third quarter worth about $36,000. Summit Securities Group LLC acquired a new position in WillScot Mobile Mini during the second quarter worth about $56,000. Finally, CWM LLC boosted its position in WillScot Mobile Mini by 80.3% during the second quarter. CWM LLC now owns 1,635 shares of the company’s stock worth $62,000 after acquiring an additional 728 shares during the last quarter. Hedge funds and other institutional investors own 95.81% of the company’s stock.

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.