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

Mobile Infrastructure Co. (NASDAQ:BEEP) Director Jeffrey Osher acquired 5,983 shares of the stock in a transaction that occurred on Friday, June 14th. The stock was purchased at an average price of $3.30 per share, for a total transaction of $19,743.90. Following the completion of the purchase, the director now directly owns 95,000 shares in the company, valued at approximately $313,500. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

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

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

Mobile Infrastructure Stock Down 0.6 %

BEEP stock opened at $3.54 on Tuesday. The stock has a 50-day simple moving average of $3.52 and a two-hundred day simple moving average of $3.77. Mobile Infrastructure Co. has a twelve month low of $2.75 and a twelve month high of $20.12.

Mobile Infrastructure (NASDAQ:BEEP) last released its quarterly earnings results 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.

Hedge Funds Weigh In On Mobile Infrastructure

A number of institutional investors have recently added to or reduced their stakes in BEEP. J.W. Cole Advisors Inc. purchased a new position in shares of Mobile Infrastructure during the fourth quarter worth about $48,000. Simplicity Solutions LLC purchased a new position in Mobile Infrastructure in the 4th quarter worth approximately $70,000. Simplicity Wealth LLC bought a new position in shares of Mobile Infrastructure in the 1st quarter worth $63,000. CWM LLC raised its position in shares of Mobile Infrastructure by 447.7% during the 4th quarter. CWM LLC now owns 18,408 shares of the company’s stock valued at $75,000 after buying an additional 15,047 shares in the last quarter. Finally, Atomi Financial Group Inc. bought a new stake in shares of Mobile Infrastructure during the 1st quarter worth $171,000. 84.30% of the stock is currently owned by institutional investors.

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.