Mobile Mini, Inc. (NASDAQ:MINI) insider Mark Funk sold 41,020 shares of Mobile Mini stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $31.82, for a total value of $1,305,256.40. Following the sale, the insider now directly owns 153,260 shares of the company’s stock, valued at approximately $4,876,733.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Mark Funk also recently made the following trade(s):

  • On Monday, August 7th, Mark Funk sold 3,699 shares of Mobile Mini stock. The stock was sold at an average price of $31.52, for a total value of $116,592.48.
  • On Tuesday, August 1st, Mark Funk sold 32,930 shares of Mobile Mini stock. The stock was sold at an average price of $30.94, for a total value of $1,018,854.20.
  • On Wednesday, July 26th, Mark Funk sold 15,997 shares of Mobile Mini stock. The stock was sold at an average price of $30.25, for a total value of $483,909.25.
  • On Tuesday, July 25th, Mark Funk sold 16,339 shares of Mobile Mini stock. The stock was sold at an average price of $30.42, for a total value of $497,032.38.
  • On Thursday, July 27th, Mark Funk sold 36,080 shares of Mobile Mini stock. The stock was sold at an average price of $30.34, for a total value of $1,094,667.20.

Shares of Mobile Mini, Inc. (NASDAQ MINI) traded down 1.90% during midday trading on Thursday, reaching $31.05. The company’s stock had a trading volume of 120,051 shares. The company has a market cap of $1.36 billion, a PE ratio of 26.98 and a beta of 2.26. The company’s 50-day moving average price is $30.13 and its 200-day moving average price is $30.18. Mobile Mini, Inc. has a 12 month low of $23.40 and a 12 month high of $37.05.

Mobile Mini (NASDAQ:MINI) last announced its quarterly earnings results on Friday, July 21st. The industrial products company reported $0.24 EPS for the quarter, missing the Zacks’ consensus estimate of $0.26 by $0.02. Mobile Mini had a net margin of 10.03% and a return on equity of 7.52%. The business had revenue of $126.70 million during the quarter, compared to the consensus estimate of $126.03 million. During the same period in the previous year, the business posted $0.25 EPS. The firm’s revenue was up 1.5% on a year-over-year basis. On average, equities analysts anticipate that Mobile Mini, Inc. will post $1.21 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, August 30th. Investors of record on Wednesday, August 16th will be issued a $0.227 dividend. This represents a $0.91 dividend on an annualized basis and a dividend yield of 2.87%. The ex-dividend date is Monday, August 14th. Mobile Mini’s payout ratio is 78.45%.

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Hedge funds and other institutional investors have recently made changes to their positions in the stock. Norges Bank acquired a new position in shares of Mobile Mini during the fourth quarter worth approximately $7,397,000. Teachers Advisors LLC increased its position in shares of Mobile Mini by 2.7% in the fourth quarter. Teachers Advisors LLC now owns 71,417 shares of the industrial products company’s stock worth $2,160,000 after buying an additional 1,910 shares during the last quarter. Bank of Montreal Can increased its position in shares of Mobile Mini by 3.3% in the first quarter. Bank of Montreal Can now owns 27,624 shares of the industrial products company’s stock worth $842,000 after buying an additional 872 shares during the last quarter. Atria Investments LLC increased its position in shares of Mobile Mini by 40.3% in the first quarter. Atria Investments LLC now owns 11,743 shares of the industrial products company’s stock worth $358,000 after buying an additional 3,373 shares during the last quarter. Finally, Louisiana State Employees Retirement System increased its position in shares of Mobile Mini by 0.6% in the first quarter. Louisiana State Employees Retirement System now owns 18,000 shares of the industrial products company’s stock worth $549,000 after buying an additional 100 shares during the last quarter.

Several equities research analysts have issued reports on MINI shares. Zacks Investment Research lowered Mobile Mini from a “hold” rating to a “sell” rating in a research note on Friday, April 28th. BidaskClub raised Mobile Mini from a “hold” rating to a “buy” rating in a research note on Friday, June 30th. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $35.00.

About Mobile Mini

Mobile Mini, Inc is a provider of portable storage solutions. The Company, through its subsidiary, Evergreen Tank Solutions, Inc (ETS), is a provider of specialty containment solutions in the United States. The Company manages its business as two portable storage solutions business segments, North America and the U.K., and one specialty containment business segment.

Insider Buying and Selling by Quarter for Mobile Mini (NASDAQ:MINI)

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