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

WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) CEO Bradley Lee Soultz purchased 5,000 shares of WillScot Mobile Mini stock in a transaction dated Thursday, November 14th. The stock was bought at an average cost of $35.41 per share, for a total transaction of $177,050.00. Following the completion of the purchase, the chief executive officer now directly owns 144,686 shares in the company, valued at approximately $5,123,331.26. This trade represents a 3.58 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

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 acquired at an average cost 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, for a total transaction of $194,850.00.

WillScot Mobile Mini Stock Performance

Shares of WillScot Mobile Mini stock traded down $1.98 during trading on Thursday, hitting $34.98. 5,006,853 shares of the stock were exchanged, compared to its average volume of 2,279,713. The stock’s fifty day moving average is $37.97 and its 200 day moving average is $38.26. The stock has a market cap of $6.46 billion, a PE ratio of 328.48, a P/E/G ratio of 2.28 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. WillScot Mobile Mini Holdings Corp. has a 12 month low of $32.71 and a 12 month high of $52.16.

WillScot Mobile Mini (NASDAQ:WSC) last posted its quarterly earnings data on Wednesday, October 30th. The company reported $0.38 earnings per share for the quarter, missing the consensus estimate 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 for the quarter, compared to the consensus estimate of $617.83 million. During the same quarter last year, the business posted $0.46 EPS. The business’s revenue for the quarter was down .6% on a year-over-year basis. As a group, sell-side analysts anticipate that WillScot Mobile Mini Holdings Corp. will post 1.53 EPS for the current year.

Analyst Ratings Changes

WSC has been the topic of a number of recent analyst reports. DA Davidson dropped their target price on shares of WillScot Mobile Mini from $54.00 to $47.00 and set a “buy” rating on the stock in a research report on Monday, August 5th. 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 research report on Friday, August 2nd. Baird R W downgraded shares of WillScot Mobile Mini from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 24th. Stifel Nicolaus lowered their price objective on shares of 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. Finally, Deutsche Bank Aktiengesellschaft downgraded shares of WillScot Mobile Mini from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $46.00 to $35.00 in a research report on Thursday, October 31st. Six research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, WillScot Mobile Mini presently has a consensus rating of “Hold” and a consensus target price of $45.00.

Hedge Funds Weigh In On WillScot Mobile Mini

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. First Horizon Advisors Inc. grew its holdings in WillScot Mobile Mini by 16.4% during the third quarter. First Horizon Advisors Inc. now owns 2,138 shares of the company’s stock valued at $80,000 after purchasing an additional 302 shares during the last quarter. Salvus Wealth Management LLC grew its stake in shares of WillScot Mobile Mini by 1.0% in the third quarter. Salvus Wealth Management LLC now owns 47,830 shares of the company’s stock worth $1,798,000 after acquiring an additional 485 shares during the last quarter. Arizona State Retirement System grew its stake in shares of WillScot Mobile Mini by 1.0% in the second quarter. Arizona State Retirement System now owns 53,184 shares of the company’s stock worth $2,002,000 after acquiring an additional 520 shares during the last quarter. Hexagon Capital Partners LLC grew its stake in shares of WillScot Mobile Mini by 200.0% in 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. Finally, Vanguard Personalized Indexing Management LLC grew its stake in shares of WillScot Mobile Mini by 11.1% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 6,242 shares of the company’s stock worth $228,000 after acquiring an additional 624 shares during the last quarter. Institutional investors and hedge funds own 95.81% of the company’s stock.

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.