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

WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) CEO Bradley Lee Soultz bought 5,000 shares of the business’s stock in a transaction on Tuesday, May 7th. The shares were bought at an average price of $38.44 per share, for a total transaction of $192,200.00. Following the completion of the acquisition, the chief executive officer now owns 157,771 shares of the company’s stock, valued at $6,064,717.24. The acquisition 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, March 4th, Bradley Lee Soultz purchased 5,000 shares of WillScot Mobile Mini stock. The shares were bought at an average price of $47.76 per share, for a total transaction of $238,800.00.

WillScot Mobile Mini Trading Up 2.3 %

Shares of WillScot Mobile Mini stock opened at $39.17 on Wednesday. The company’s fifty day moving average price is $43.06 and its two-hundred day moving average price is $43.04. The firm has a market capitalization of $7.44 billion, a PE ratio of 24.18, a price-to-earnings-growth ratio of 0.93 and a beta of 1.36. WillScot Mobile Mini Holdings Corp. has a 52-week low of $34.40 and a 52-week high of $52.16. The company has a debt-to-equity ratio of 2.63, a current ratio of 0.97 and a quick ratio of 0.89.

WillScot Mobile Mini (NASDAQ:WSC) last posted its quarterly earnings results on Thursday, May 2nd. The company reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by ($0.04). The business had revenue of $587.18 million during the quarter, compared to analyst estimates of $579.98 million. WillScot Mobile Mini had a return on equity of 24.14% and a net margin of 13.48%. The business’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same period last year, the company earned $0.36 EPS. On average, analysts expect that WillScot Mobile Mini Holdings Corp. will post 1.93 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on WSC. Barclays raised their price target on WillScot Mobile Mini from $50.00 to $60.00 and gave the company an “overweight” rating in a research report on Wednesday, February 28th. Robert W. Baird dropped their price target on WillScot Mobile Mini from $55.00 to $45.00 and set an “outperform” rating on the stock in a research report on Monday, April 22nd. Oppenheimer reissued an “outperform” rating and issued a $53.00 price objective (down from $60.00) on shares of WillScot Mobile Mini in a research report on Monday. DA Davidson dropped their target price on shares of WillScot Mobile Mini from $56.00 to $54.00 and set a “buy” rating on the stock in a research report on Tuesday. Finally, Jefferies Financial Group downgraded shares of WillScot Mobile Mini from a “buy” rating to a “hold” rating and reduced their price target for the company from $58.00 to $42.00 in a report on Monday, April 1st. Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, WillScot Mobile Mini has a consensus rating of “Moderate Buy” and an average target price of $51.00.

Hedge Funds Weigh In On WillScot Mobile Mini

Hedge funds and other institutional investors have recently modified their holdings of the stock. Franklin Resources Inc. raised its stake in WillScot Mobile Mini by 149.9% during the fourth quarter. Franklin Resources Inc. now owns 6,751,072 shares of the company’s stock worth $300,423,000 after acquiring an additional 4,049,872 shares in the last quarter. Boston Partners bought a new position in WillScot Mobile Mini during the 4th quarter valued at about $145,583,000. Norges Bank acquired a new position in WillScot Mobile Mini in the fourth quarter valued at about $101,809,000. Capital Research Global Investors bought a new stake in WillScot Mobile Mini during the fourth quarter worth about $81,981,000. Finally, Ameriprise Financial Inc. raised its stake in shares of WillScot Mobile Mini by 11.3% in the third quarter. Ameriprise Financial Inc. now owns 6,841,154 shares of the company’s stock valued at $284,523,000 after acquiring an additional 692,784 shares during the last quarter. Institutional investors own 95.81% of the company’s stock.

About WillScot Mobile Mini

WillScot Mobile Mini Holdings Corp. 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.