In a filing, WillScot Mobile Mini Holdings Corp. revealed its Chief Executive Officer Soultz Bradley Lee acquired Company’s shares for reported $0.2 million on Aug 17. In the deal valued at $40.71 per share,5,000 shares were bought. As a result of this transaction, Soultz Bradley Lee now holds 10,000 shares worth roughly $ 0.41 million.
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Then, Shanks Sally J sold 10,541 shares, generating $496,308 in total proceeds. Upon selling the shares at $47.08, the Chief Accounting Officer now owns 23,932 shares.
Before that, SAGANSKY JEFFREY sold 100,000 shares. WillScot Mobile Mini Holdings Corp. shares valued at $4,718,260 were divested by the Director at a price of $47.18 per share. As a result of the transaction, SAGANSKY JEFFREY now holds 2,497,235 shares, worth roughly $102.69 million.
William Blair initiated its WillScot Mobile Mini Holdings Corp. [WSC] rating to an Outperform in a research note published on Tuesday.
Price Performance Review of WSC
On Tuesday, WillScot Mobile Mini Holdings Corp. [NASDAQ:WSC] saw its stock fall -2.17% to $41.12. On the same session, the stock had its day’s lowest price of $40.065, but rose to a high of $41.94. Over the last five days, the stock has gained 0.32%. WillScot Mobile Mini Holdings Corp. shares have fallen nearly -8.97% since the year began. Nevertheless, the stocks have risen 2.93% over the past one year. While a 52-week high of $53.46 was reached on 03/03/23, a 52-week low of $37.81 was recorded on 04/05/23. SMA at 50 days reached $45.08, while 200 days put it at $46.10. A total of 2.57 million shares were traded, compared to the trading of 1.99 million shares in the previous session.
Levels Of Support And Resistance For WSC Stock
The 24-hour chart illustrates a support level at 40.14, which if violated will result in even more drops to 39.17. On the upside, there is a resistance level at 42.02. A further resistance level may holdings at 42.92. The Relative Strength Index (RSI) on the 14-day chart is 38.20, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.10, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 58.38%. Stochastics %K at 59.87% indicates the stock is a holding.
How much short interest is there in WillScot Mobile Mini Holdings Corp.?
A steep rise in short interest was recorded in WillScot Mobile Mini Holdings Corp. stocks on Aug 14, 2023, dropping by -0.57 million shares to a total of 9.19 million shares. Yahoo Finance data shows the prior-month short interest on Jul 13, 2023 was 9.76 million shares. There was a decline of -6.2%, which implies that there is a negative sentiment for the stock. In spite of short shares comprising just 4.79% of the overall stock float, the days-to-cover ratio (short ratio) fell to 5.11.
WillScot Mobile Mini Holdings Corp. [WSC] – Who Are The Largest Shareholders?
In filings from The Vanguard Group, Inc., it is revealed that the company now owns 18,790,167 shares, or roughly 9.29% of the outstanding WSC shares. In other words, the investor’s shares have fallen by -572,287 from its previous 13-F filing of 19362454.0. Additionally, Fidelity Management & Research Co decreased -12.47% of its stake after which the total value it holdings stand at $702,636,428, while T. Rowe Price Associates, Inc. added 68.55% of its stake to hold $492.34 million in the firm. Over the last quarter, BlackRock Fund Advisors sold -521,702 shares of WillScot Mobile Mini Holdings Corp., while ClearBridge Investments LLC sold -37,117 shares. At present, Invesco Advisers, Inc. is holding 3,919,432 shares valued at $187.94 million. Capital Research & Management Co owned 3,841,326 shares of the company at the time of its most recent 13F filing, worth $184.19 million.
According to FactSet, WillScot Mobile Mini Holdings Corp.’s share price will average $58.70 in the next year, based on opinions of analysts polled by the firm. This is up nearly 36.81 percent from its previous closing price of $42.03. Analysts expect WillScot Mobile Mini Holdings Corp. stock to reach the higher price of $67.00, while the lowest price estimate is $53.00. However, 10 analysts have rated WSC stock as a Buy in their predictions for 2023.