Bradley Lee Soultz Acquires 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 business’s stock in a transaction on Thursday, November 14th. The shares were bought at an average cost of $35.41 per share, for a total transaction of $177,050.00. Following the acquisition, the chief executive officer now owns 144,686 shares of the company’s stock, valued at $5,123,331.26. This represents 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 bought 5,000 shares of WillScot Mobile Mini stock. The shares were purchased at an average price 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 stock was purchased at an average price of $38.97 per share, with a total value of $194,850.00.

WillScot Mobile Mini Stock Performance

WSC stock opened at $34.38 on Friday. The stock has a market cap of $6.35 billion, a P/E ratio of 312.57, a P/E/G ratio of 2.11 and a beta of 1.37. 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 firm has a 50 day simple moving average of $37.94 and a 200 day simple moving average of $38.24. WillScot Mobile Mini Holdings Corp. has a 52 week low of $32.71 and a 52 week high of $52.16.

WillScot Mobile Mini (NASDAQ:WSC) last announced its quarterly 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). The firm had revenue of $601.43 million for the quarter, compared to analyst estimates of $617.83 million. WillScot Mobile Mini had a net margin of 1.05% and a return on equity of 23.97%. The firm’s quarterly revenue was down .6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.46 earnings per share. Research analysts anticipate that WillScot Mobile Mini Holdings Corp. will post 1.53 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on WSC shares. Robert W. Baird decreased their target price on shares of WillScot Mobile Mini from $42.00 to $38.00 and set a “neutral” rating for the company in a research note on Thursday, October 31st. Baird R W cut WillScot Mobile Mini from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 24th. Oppenheimer dropped their target price on WillScot Mobile Mini from $53.00 to $46.00 and set an “outperform” rating on the stock in a report on Friday, August 2nd. Stifel Nicolaus cut their price target on WillScot Mobile Mini from $48.00 to $46.00 and set a “buy” rating for the company in a research note on Friday, August 2nd. Finally, Bank of America lowered their price objective 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 Friday, August 2nd. Six investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $45.00.

Institutional Trading of WillScot Mobile Mini

Large investors have recently modified their holdings of the company. V Square Quantitative Management LLC bought a new stake in shares of WillScot Mobile Mini in the third quarter valued at about $25,000. Hexagon Capital Partners LLC lifted its position in shares of WillScot Mobile Mini by 200.0% in the 3rd 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 period. Financial Management Professionals Inc. acquired a new stake in shares of WillScot Mobile Mini during the 3rd quarter worth approximately $36,000. Summit Securities Group LLC bought a new stake in shares of WillScot Mobile Mini during the second quarter valued at approximately $56,000. Finally, CWM LLC raised its stake in shares of WillScot Mobile Mini by 80.3% in the second quarter. CWM LLC now owns 1,635 shares of the company’s stock valued at $62,000 after purchasing an additional 728 shares in the last quarter. 95.81% of the stock is owned by institutional investors.

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.