Mobility Global, Inc. (NYSE:MBGL – Get Free Report) Director Mark Peek purchased 15,000 shares of the stock in a transaction dated Thursday, August 13th. The stock was acquired at an average cost of $19.87 per share, for a total transaction of $298,050.00. Following the transaction, the director owned 50,000 shares of the company’s stock, valued at approximately $993,500. This trade represents a 42.86% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Mobility Global Stock Performance
Shares of MBGL stock opened at $19.83 on Friday. The company has a market cap of $5.87 billion and a P/E ratio of 110.18. Mobility Global, Inc. has a 12 month low of $17.67 and a 12 month high of $26.00.
Mobility Global (NYSE:MBGL – Get Free Report) last released its quarterly earnings data on Friday, August 7th. The company reported $0.18 earnings per share for the quarter. The business had revenue of $468.00 million during the quarter. As a group, research analysts forecast that Mobility Global, Inc. will post 1.45 EPS for the current year.
Mobility Global Dividend Announcement
Institutional Inflows and Outflows
A hedge fund recently bought a new position in Mobility Global stock. Advisors Preferred LLC purchased a new position in Mobility Global, Inc. (NYSE:MBGL – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,800 shares of the company’s stock, valued at approximately $36,000.
Analyst Upgrades and Downgrades
A number of brokerages recently issued reports on MBGL. Wall Street Zen raised Mobility Global to a “hold” rating in a report on Saturday, July 18th. UBS Group set a $23.00 target price on Mobility Global in a report on Thursday, July 2nd. Wolfe Research upgraded Mobility Global to a “strong-buy” rating in a research report on Monday, July 20th. Robert W. Baird lowered their price target on shares of Mobility Global from $23.00 to $22.00 and set a “neutral” rating on the stock in a report on Monday. Finally, Wells Fargo & Company cut their price objective on shares of Mobility Global from $25.00 to $23.00 and set an “overweight” rating for the company in a research report on Monday. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, Mobility Global has a consensus rating of “Moderate Buy” and a consensus price target of $22.80.
Get Our Latest Stock Analysis on MBGL
About Mobility Global
Mobility Global Inc providing critical data and analytics across the full vehicle lifecycle. Its portfolio of trusted brands and products includes CARFAX, automotiveMastermind, Polk Automotive Solutions and Market Scan, supporting automotive manufacturers, suppliers, dealer groups, media, financial institutions and consumers. Mobility Global Inc is based in NEW YORK.
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