Mobile Mini, Inc. (NASDAQ:MINI) insider Mark Funk sold 41,020 shares of the business’s stock in a transaction on Tuesday, August 8th. The stock was sold at an average price of $31.82, for a total transaction of $1,305,256.40. Following the sale, the insider now owns 153,260 shares in the company, valued at $4,876,733.20. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

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 transaction 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 transaction 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 transaction 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 transaction 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 transaction of $1,094,667.20.

Mobile Mini, Inc. (NASDAQ MINI) traded up 0.48% during midday trading on Wednesday, hitting $31.65. 185,019 shares of the company traded hands. Mobile Mini, Inc. has a 12-month low of $23.40 and a 12-month high of $37.05. The stock has a market cap of $1.39 billion, a P/E ratio of 27.50 and a beta of 2.26. The stock has a 50 day moving average of $29.92 and a 200 day moving average of $30.12.

Mobile Mini (NASDAQ:MINI) last released its earnings results on Friday, July 21st. The industrial products company reported $0.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.26 by $0.02. The firm had revenue of $126.70 million for the quarter, compared to analyst estimates of $126.03 million. Mobile Mini had a return on equity of 7.52% and a net margin of 10.03%. Mobile Mini’s revenue was up 1.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.25 earnings per share. Equities research analysts predict that Mobile Mini, Inc. will post $1.21 EPS for the current fiscal year.

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

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Several equities research analysts have commented on the stock. Zacks Investment Research lowered shares of Mobile Mini from a “hold” rating to a “sell” rating in a research report on Wednesday, July 26th. BidaskClub lowered shares of Mobile Mini from a “buy” rating to a “hold” rating in a research report on Wednesday, July 12th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. Mobile Mini has a consensus rating of “Hold” and an average target price of $35.00.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Miles Capital Inc. raised its position in Mobile Mini by 0.3% in the first quarter. Miles Capital Inc. now owns 7,121 shares of the industrial products company’s stock worth $217,000 after buying an additional 19 shares during the last quarter. State of Alaska Department of Revenue raised its position in Mobile Mini by 2.1% in the first quarter. State of Alaska Department of Revenue now owns 4,910 shares of the industrial products company’s stock worth $149,000 after buying an additional 100 shares during the last quarter. Louisiana State Employees Retirement System raised its position in 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. Wedbush Securities Inc. raised its position in Mobile Mini by 0.3% in the first quarter. Wedbush Securities Inc. now owns 40,920 shares of the industrial products company’s stock worth $1,248,000 after buying an additional 122 shares during the last quarter. Finally, Bank of Montreal Can raised its position in Mobile Mini by 0.5% in the second quarter. Bank of Montreal Can now owns 27,772 shares of the industrial products company’s stock worth $829,000 after buying an additional 148 shares during the last quarter.

Mobile Mini Company Profile

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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