Mobile Infrastructure Co. (NASDAQ:BEEP) Shares Sold by Centaurus Financial Inc.

Centaurus Financial Inc. trimmed its holdings in shares of Mobile Infrastructure Co. (NASDAQ:BEEP) by 41.0% in the third quarter, Holdings Channel reports. The institutional investor owned 54,865 shares of the company’s stock after selling 38,153 shares during the period. Centaurus Financial Inc.’s holdings in Mobile Infrastructure were worth $180,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. International Assets Investment Management LLC boosted its stake in Mobile Infrastructure by 216.0% in the third quarter. International Assets Investment Management LLC now owns 172,066 shares of the company’s stock valued at $564,000 after acquiring an additional 117,607 shares in the last quarter. Brookstone Capital Management boosted its holdings in shares of Mobile Infrastructure by 84.2% in the third quarter. Brookstone Capital Management now owns 48,355 shares of the company’s stock valued at $159,000 after acquiring an additional 22,097 shares during the period. Atomi Financial Group Inc. grew its position in shares of Mobile Infrastructure by 28.5% during the second quarter. Atomi Financial Group Inc. now owns 57,074 shares of the company’s stock worth $196,000 after acquiring an additional 12,661 shares during the last quarter. CWM LLC increased its holdings in shares of Mobile Infrastructure by 49.8% in the 2nd quarter. CWM LLC now owns 27,565 shares of the company’s stock valued at $95,000 after acquiring an additional 9,165 shares during the period. Finally, Hoylecohen LLC purchased a new stake in Mobile Infrastructure in the 2nd quarter valued at $66,000. Hedge funds and other institutional investors own 84.30% of the company’s stock.

Mobile Infrastructure Trading Up 0.9 %

Shares of Mobile Infrastructure stock opened at $3.30 on Thursday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.10 and a current ratio of 0.10. The company has a market capitalization of $138.27 million, a P/E ratio of -3.67 and a beta of 0.67. Mobile Infrastructure Co. has a 1 year low of $2.48 and a 1 year high of $6.30. The company’s fifty day moving average is $3.12 and its two-hundred day moving average is $3.21.

Mobile Infrastructure Profile

Mobile Infrastructure Corporation is a Maryland corporation. The Company owns a diversified portfolio of parking assets primarily located in the Midwest and Southwest. As of December 31, 2023, the Company owned 43 parking facilities in 21 separate markets throughout the United States, with a total of 15,700 parking spaces and approximately 5.4 million square feet.