Mobile Infrastructure Co. (NASDAQ:BEEP) CEO Purchases $112,676.63 in Stock

Mobile Infrastructure Co. (NASDAQ:BEEPGet Free Report) CEO Manuel Chavez III bought 33,043 shares of the stock in a transaction dated Thursday, April 18th. The shares were bought at an average price of $3.41 per share, for a total transaction of $112,676.63. Following the completion of the acquisition, the chief executive officer now owns 51,124 shares in the company, valued at $174,332.84. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink.

Manuel Chavez III also recently made the following trade(s):

  • On Tuesday, April 16th, Manuel Chavez III acquired 1,220 shares of Mobile Infrastructure stock. The stock was acquired at an average price of $3.49 per share, for a total transaction of $4,257.80.

Mobile Infrastructure Trading Down 3.5 %

BEEP opened at $3.27 on Monday. Mobile Infrastructure Co. has a one year low of $2.75 and a one year high of $20.12. The business’s 50 day moving average price is $3.70 and its 200 day moving average price is $3.91.

Mobile Infrastructure (NASDAQ:BEEPGet Free Report) last released its quarterly earnings data on Thursday, March 14th. The company reported ($0.69) EPS for the quarter. The company had revenue of $7.89 million during the quarter.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Wagner Wealth Management LLC purchased a new stake in Mobile Infrastructure in the third quarter valued at approximately $35,000. J.W. Cole Advisors Inc. purchased a new stake in Mobile Infrastructure in the fourth quarter valued at approximately $48,000. Simplicity Solutions LLC purchased a new stake in Mobile Infrastructure in the fourth quarter valued at approximately $70,000. CWM LLC raised its position in Mobile Infrastructure by 447.7% in the fourth quarter. CWM LLC now owns 18,408 shares of the company’s stock valued at $75,000 after purchasing an additional 15,047 shares during the period. Finally, Atomi Financial Group Inc. purchased a new stake in Mobile Infrastructure in the third quarter valued at approximately $76,000. 84.30% of the stock is currently owned by institutional investors and hedge funds.

Mobile Infrastructure Company Profile

(Get Free Report)

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.

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