WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) CAO Sells $487,706.71 in Stock

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

WillScot Mobile Mini Price Performance

WSC opened at $34.93 on Thursday. WillScot Mobile Mini Holdings Corp. has a 12-month low of $32.71 and a 12-month high of $52.16. The company has a market cap of $6.45 billion, a price-to-earnings ratio of 317.57, a price-to-earnings-growth ratio of 2.13 and a beta of 1.37. The company has a current ratio of 0.90, a quick ratio of 0.82 and a debt-to-equity ratio of 3.42. The stock has a fifty day simple moving average of $37.82 and a two-hundred day simple moving average of $38.19.

WillScot Mobile Mini (NASDAQ:WSC) last issued its quarterly 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). The business had revenue of $601.43 million for the quarter, compared to analysts’ expectations of $617.83 million. WillScot Mobile Mini had a net margin of 1.05% and a return on equity of 23.97%. The company’s revenue was down .6% on a year-over-year basis. During the same period last year, the business earned $0.46 earnings per share. Research analysts predict that WillScot Mobile Mini Holdings Corp. will post 1.53 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently weighed in on WSC shares. Oppenheimer dropped their target price on shares of WillScot Mobile Mini from $53.00 to $46.00 and set an “outperform” rating for the company in a report on Friday, August 2nd. Barclays cut their price objective on WillScot Mobile Mini from $44.00 to $40.00 and set an “equal weight” rating on the stock in a research report on Friday, November 1st. 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. Robert W. Baird cut their price target on shares of WillScot Mobile Mini from $42.00 to $38.00 and set a “neutral” rating on the stock in a report on Thursday, October 31st. Finally, Baird R W lowered shares of WillScot Mobile Mini from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 24th. Six analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, WillScot Mobile Mini has an average rating of “Hold” and a consensus target price of $45.00.

Institutional Trading of WillScot Mobile Mini

A number of hedge funds have recently made changes to their positions in WSC. V Square Quantitative Management LLC purchased a new stake in WillScot Mobile Mini during the 3rd quarter valued at about $25,000. Hexagon Capital Partners LLC lifted 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 buying an additional 600 shares in the last quarter. Financial Management Professionals Inc. purchased a new stake in shares of WillScot Mobile Mini during the third quarter valued at 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 holdings in WillScot Mobile Mini by 80.3% in the 2nd 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. 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.