International Assets Investment Management LLC Has $107,000 Position in Mobile Infrastructure Co. (NASDAQ:BEEP)

International Assets Investment Management LLC lessened its stake in shares of Mobile Infrastructure Co. (NASDAQ:BEEP) by 86.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 23,876 shares of the company’s stock after selling 148,190 shares during the quarter. International Assets Investment Management LLC owned about 0.06% of Mobile Infrastructure worth $107,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. CWM LLC grew its holdings in Mobile Infrastructure by 40.8% in the 3rd quarter. CWM LLC now owns 38,810 shares of the company’s stock valued at $127,000 after buying an additional 11,245 shares in the last quarter. Brookstone Capital Management grew its stake in shares of Mobile Infrastructure by 84.2% in the third quarter. Brookstone Capital Management now owns 48,355 shares of the company’s stock valued at $159,000 after acquiring an additional 22,097 shares in the last quarter. Concorde Asset Management LLC grew its stake in shares of Mobile Infrastructure by 5.5% in the third quarter. Concorde Asset Management LLC now owns 57,164 shares of the company’s stock valued at $187,000 after acquiring an additional 2,985 shares in the last quarter. Centaurus Financial Inc. increased its position in Mobile Infrastructure by 6.7% during the second quarter. Centaurus Financial Inc. now owns 93,018 shares of the company’s stock worth $319,000 after acquiring an additional 5,869 shares during the period. Finally, Geode Capital Management LLC raised its stake in Mobile Infrastructure by 40.5% in the 3rd quarter. Geode Capital Management LLC now owns 283,474 shares of the company’s stock worth $930,000 after purchasing an additional 81,727 shares in the last quarter. Institutional investors own 84.30% of the company’s stock.

Mobile Infrastructure Stock Performance

Shares of NASDAQ:BEEP opened at $3.55 on Wednesday. The business’s 50 day simple moving average is $3.70 and its 200 day simple moving average is $3.32. Mobile Infrastructure Co. has a 1 year low of $2.48 and a 1 year high of $4.86. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.10 and a quick ratio of 0.10. The company has a market capitalization of $148.75 million, a P/E ratio of -3.94 and a beta of 0.59.

Mobile Infrastructure Profile

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.