Jeffrey Osher Buys 5,983 Shares of Mobile Infrastructure Co. (NASDAQ:BEEP) Stock

Mobile Infrastructure Co. (NASDAQ:BEEP) Director Jeffrey Osher acquired 5,983 shares of Mobile Infrastructure stock in a transaction dated Friday, June 14th. The shares were bought at an average cost of $3.30 per share, with a total value of $19,743.90. Following the transaction, the director now owns 95,000 shares in the company, valued at $313,500. The purchase was disclosed in a filing with the SEC, which is available through this link.

Jeffrey Osher also recently made the following trade(s):

• On Monday, June 3rd, Jeffrey Osher purchased 1,225 shares of Mobile Infrastructure stock. The stock was acquired at an average cost of $3.38 per share, for a total transaction of $4,140.50.
• On Thursday, May 30th, Jeffrey Osher acquired 6,706 shares of Mobile Infrastructure stock. The shares were acquired at an average cost of $3.38 per share, with a total value of $22,666.28.
• On Tuesday, May 28th, Jeffrey Osher purchased 16,951 shares of Mobile Infrastructure stock. The stock was acquired at an average cost of $3.39 per share, for a total transaction of $57,463.89.

Mobile Infrastructure Stock Down 0.8 %

Shares of BEEP stock traded down $0.03 during trading on Monday, hitting $3.53. The company had a trading volume of 67,004 shares, compared to its average volume of 31,037. Mobile Infrastructure Co. has a 52 week low of $2.75 and a 52 week high of $20.12. The stock’s 50-day moving average is $3.52 and its two-hundred day moving average is $3.78.

Mobile Infrastructure (NASDAQ:BEEP) last announced its quarterly earnings data on Wednesday, May 15th. The company reported ($0.09) earnings per share for the quarter. The firm had revenue of $8.83 million for the quarter.

Institutional Trading of Mobile Infrastructure

A number of hedge funds have recently modified their holdings of the business. International Assets Investment Management LLC purchased a new position in shares of Mobile Infrastructure during the fourth quarter valued at approximately $1,193,000. Ausdal Financial Partners Inc. grew its holdings in shares of Mobile Infrastructure by 8.0% during the fourth quarter. Ausdal Financial Partners Inc. now owns 101,551 shares of the company’s stock valued at $411,000 after buying an additional 7,482 shares during the last quarter. Realta Investment Advisors purchased a new position in Mobile Infrastructure in the 4th quarter worth approximately $345,000. J.W. Cole Advisors Inc. purchased a new position in Mobile Infrastructure in the 4th quarter worth about $48,000. Finally, CWM LLC lifted its position in Mobile Infrastructure by 447.7% during the fourth quarter. CWM LLC now owns 18,408 shares of the company’s stock valued at $75,000 after purchasing an additional 15,047 shares during the period. Institutional investors own 84.30% of the company’s stock.

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.