Mobile Infrastructure Co. (NASDAQ:BEEP – Get Free Report) CEO Manuel Chavez III bought 9,375 shares of the business’s stock in a transaction that occurred on Monday, May 20th. The shares were bought at an average cost of $3.49 per share, with a total value of $32,718.75. Following the completion of the purchase, the chief executive officer now directly owns 127,446 shares of the company’s stock, valued at approximately $444,786.54. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link.
Manuel Chavez III also recently made the following trade(s):
- On Wednesday, May 22nd, Manuel Chavez III acquired 27 shares of Mobile Infrastructure stock. The shares were bought at an average cost of $3.50 per share, for a total transaction of $94.50.
- On Friday, May 3rd, Manuel Chavez III bought 559 shares of Mobile Infrastructure stock. The shares were bought at an average cost of $3.50 per share, for a total transaction of $1,956.50.
- On Wednesday, April 24th, Manuel Chavez III acquired 1,535 shares of Mobile Infrastructure stock. The shares were purchased at an average cost of $3.48 per share, with a total value of $5,341.80.
- On Monday, April 22nd, Manuel Chavez III bought 5,442 shares of Mobile Infrastructure stock. The stock was purchased at an average price of $3.44 per share, with a total value of $18,720.48.
- On Thursday, April 18th, Manuel Chavez III bought 33,043 shares of Mobile Infrastructure stock. The stock was acquired at an average price of $3.41 per share, for a total transaction of $112,676.63.
- On Tuesday, April 16th, Manuel Chavez III purchased 1,220 shares of Mobile Infrastructure stock. The shares were bought at an average cost of $3.49 per share, with a total value of $4,257.80.
Mobile Infrastructure Price Performance
BEEP opened at $3.42 on Friday. The business’s fifty day simple moving average is $3.57 and its 200-day simple moving average is $3.87. Mobile Infrastructure Co. has a 12-month low of $2.75 and a 12-month high of $20.12.
Mobile Infrastructure (NASDAQ:BEEP – Get Free Report) last released its earnings results on Thursday, March 14th. The company reported ($0.69) EPS for the quarter. The company had revenue of $7.89 million for the quarter.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of the company. Ausdal Financial Partners Inc. purchased a new position in shares of Mobile Infrastructure during the third quarter worth $328,000. Atomi Financial Group Inc. acquired a new stake in Mobile Infrastructure during the 3rd quarter worth about $76,000. Realta Investment Advisors purchased a new position in shares of Mobile Infrastructure during the 4th quarter valued at about $345,000. International Assets Investment Management LLC acquired a new position in shares of Mobile Infrastructure in the 4th quarter valued at about $1,193,000. Finally, Arkadios Wealth Advisors boosted its stake in shares of Mobile Infrastructure by 151.0% in the fourth quarter. Arkadios Wealth Advisors now owns 60,092 shares of the company’s stock worth $243,000 after buying an additional 36,154 shares during the last quarter. 84.30% of the stock is currently owned by hedge funds and other institutional investors.
About Mobile Infrastructure
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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