In a filing, WillScot Mobile Mini Holdings Corp revealed its Director SAGANSKY JEFFREY unloaded Company’s shares for reported $3.56 million on Mar 08 ’24. In the deal valued at $47.50 per share,75,000 shares were sold. As a result of this transaction, SAGANSKY JEFFREY now holds 2,420,905 shares worth roughly $105.6 million.
Then, Soultz Bradley Lee bought 5,000 shares, generating $238,788 in total proceeds. Upon buying the shares at $47.76, the Chief Executive Officer now owns 13,869 shares.
Before that, Soultz Bradley Lee bought 5,000 shares. WillScot Mobile Mini Holdings Corp shares valued at $179,154 were divested by the Chief Executive Officer at a price of $35.83 per share. As a result of the transaction, Soultz Bradley Lee now holds 43,444 shares, worth roughly $1.9 million.
Jefferies downgraded its WillScot Mobile Mini Holdings Corp [WSC] rating to a Hold from a a Buy in a research note published on April 01, 2024; the price target was decreased to $42 from $58. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who began to cover the stock in early January with a ‘”an Equal-weight”‘ rating. Wells Fargo began covering WSC with “an Overweight” recommendation on October 11, 2023. William Blair started covering the stock on February 08, 2023. It rated WSC as “an Outperform”.
Price Performance Review of WSC
On Monday, WillScot Mobile Mini Holdings Corp [NASDAQ:WSC] saw its stock fall -0.89% to $43.62. Over the last five days, the stock has lost -1.20%. WillScot Mobile Mini Holdings Corp shares have fallen nearly -1.98% since the year began. Nevertheless, the stocks have risen 7.12% over the past one year. While a 52-week high of $52.16 was reached on 02/12/24, a 52-week low of $34.40 was recorded on 01/16/24. SMA at 50 days reached $47.36, while 200 days put it at $43.74. A total of 1.21 million shares were traded, compared to the trading of 1.64 million shares in the previous session.
Levels Of Support And Resistance For WSC Stock
The 24-hour chart illustrates a support level at 43.28, which if violated will result in even more drops to 42.94. On the upside, there is a resistance level at 44.23. A further resistance level may holdings at 44.84. The Relative Strength Index (RSI) on the 14-day chart is 34.77, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.44, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.18%. Stochastics %K at 13.32% indicates the stock is a buying.
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 Mar 15, 2024, growing by 2.48 million shares to a total of 13.7 million shares. Yahoo Finance data shows the prior-month short interest on Feb 15, 2024 was 11.22 million shares. There was a rise of 18.1%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 7.42% of the overall stock float, the days-to-cover ratio (short ratio) rose to 7.13.
The most recent change occurred on March 30, 2022 when Deutsche Bank began covering the stock and recommended ‘”a Buy”‘ rating along with a $49 price target.
