WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) CAO Sally J. Shanks Sells 14,059 Shares of Stock

WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) CAO Sally J. Shanks sold 14,059 shares of WillScot Mobile Mini stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $34.69, for a total value of $487,706.71. Following the completion of the sale, the chief accounting officer now owns 26,113 shares of the company’s stock, valued at $905,859.97. This trade represents a 35.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

WillScot Mobile Mini Stock Performance

WillScot Mobile Mini stock opened at $35.14 on Wednesday. The stock’s 50 day moving average price is $37.87 and its 200 day moving average price is $38.21. WillScot Mobile Mini Holdings Corp. has a one year low of $32.71 and a one year high of $52.16. The firm has a market capitalization of $6.49 billion, a PE ratio of 319.48, a price-to-earnings-growth ratio of 2.13 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 (NASDAQ:WSC) last announced its earnings results on Wednesday, October 30th. The company reported $0.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $617.83 million. During the same period in the previous year, the company earned $0.46 earnings per share. The business’s revenue for the quarter was down .6% on a year-over-year basis. As a group, sell-side analysts expect that WillScot Mobile Mini Holdings Corp. will post 1.53 EPS for the current fiscal year.

Wall Street Analyst Weigh In

WSC has been the subject of several recent analyst reports. Baird R W cut WillScot Mobile Mini from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 24th. DA Davidson decreased their target price on WillScot Mobile Mini from $54.00 to $47.00 and set a “buy” rating for the company in a report on Monday, August 5th. Barclays decreased their target price on WillScot Mobile Mini from $44.00 to $40.00 and set an “equal weight” rating for the company in a report on Friday, November 1st. Deutsche Bank Aktiengesellschaft cut WillScot Mobile Mini from a “buy” rating to a “hold” rating and decreased their target price for the stock from $46.00 to $35.00 in a report on Thursday, October 31st. Finally, Oppenheimer decreased their target price on WillScot Mobile Mini from $53.00 to $46.00 and set an “outperform” rating for the company in a report on Friday, August 2nd. Six investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $45.00.

Hedge Funds Weigh In On WillScot Mobile Mini

A number of institutional investors have recently made changes to their positions in the business. V Square Quantitative Management LLC acquired a new stake in shares of WillScot Mobile Mini during the 3rd quarter valued at approximately $25,000. Hexagon Capital Partners LLC raised its position in shares of WillScot Mobile Mini by 200.0% during the 3rd quarter. Hexagon Capital Partners LLC now owns 900 shares of the company’s stock valued at $34,000 after acquiring an additional 600 shares in the last quarter. Financial Management Professionals Inc. acquired a new stake in shares of WillScot Mobile Mini during the 3rd quarter valued at approximately $36,000. Summit Securities Group LLC acquired a new stake in shares of WillScot Mobile Mini during the 2nd quarter valued at approximately $56,000. Finally, CWM LLC raised its position in shares of WillScot Mobile Mini by 80.3% during the 2nd quarter. CWM LLC now owns 1,635 shares of the company’s stock valued at $62,000 after acquiring an additional 728 shares in the last quarter. 95.81% of the stock is owned by institutional investors and hedge funds.

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.