MoneyLion (NYSE:ML) Cut to “Neutral” at B. Riley

B. Riley downgraded shares of MoneyLion (NYSE:ML) from a buy rating to a neutral rating in a research note issued to investors on Wednesday, MarketBeat.com reports. The brokerage currently has $90.00 price target on the stock, down from their previous price target of $133.00. B. Riley also issued estimates for MoneyLion’s Q1 2025 earnings at $1.48 EPS, Q2 2025 earnings at $0.54 EPS, Q3 2025 earnings at $0.85 EPS, Q4 2025 earnings at $0.54 EPS and FY2025 earnings at $3.41 EPS.

A number of other research analysts also recently weighed in on the company. Oppenheimer raised MoneyLion from a “market perform” rating to an “outperform” rating and set a $80.00 target price on the stock in a report on Thursday, November 7th. Northland Securities raised their price objective on MoneyLion from $80.00 to $100.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 27th. Lake Street Capital reaffirmed a “hold” rating and issued a $82.00 price objective (down previously from $109.00) on shares of MoneyLion in a research note on Wednesday, December 11th. Finally, Needham & Company LLC reaffirmed a “hold” rating and issued a $100.00 price objective on shares of MoneyLion in a research note on Wednesday, December 11th. Three analysts have rated the stock with a hold rating, three have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, MoneyLion currently has an average rating of “Moderate Buy” and an average target price of $92.83.

MoneyLion Stock Performance

ML stock opened at $87.18 on Wednesday. MoneyLion has a fifty-two week low of $36.65 and a fifty-two week high of $106.82. The business’s 50-day moving average is $86.61 and its two-hundred day moving average is $67.56. The company has a market cap of $967.79 million, a price-to-earnings ratio of 396.27 and a beta of 3.06.

Insider Buying and Selling

In related news, insider Timmie Hong sold 1,365 shares of the stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $85.76, for a total transaction of $117,062.40. Following the completion of the sale, the insider now owns 95,395 shares in the company, valued at approximately $8,181,075.20. This trade represents a 1.41 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Adam Vanwagner sold 5,326 shares of the firm’s stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $87.26, for a total value of $464,746.76. Following the transaction, the insider now owns 85,306 shares of the company’s stock, valued at $7,443,801.56. This represents a 5.88 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 85,403 shares of company stock worth $7,401,038. 11.90% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On MoneyLion

Several institutional investors have recently added to or reduced their stakes in the company. Covestor Ltd grew its holdings in MoneyLion by 63.6% during the 3rd quarter. Covestor Ltd now owns 656 shares of the company’s stock valued at $27,000 after buying an additional 255 shares in the last quarter. SBI Securities Co. Ltd. purchased a new position in MoneyLion during the 4th quarter valued at approximately $29,000. MetLife Investment Management LLC grew its holdings in MoneyLion by 12.6% during the 4th quarter. MetLife Investment Management LLC now owns 5,634 shares of the company’s stock valued at $485,000 after buying an additional 629 shares in the last quarter. FMR LLC grew its holdings in MoneyLion by 154.6% during the 3rd quarter. FMR LLC now owns 1,049 shares of the company’s stock valued at $44,000 after buying an additional 637 shares in the last quarter. Finally, New York State Teachers Retirement System purchased a new position in MoneyLion during the 4th quarter valued at approximately $67,000. Hedge funds and other institutional investors own 31.43% of the company’s stock.

MoneyLion Company Profile

MoneyLion Inc, a financial technology company, provides personalized products and financial content for American consumers. The company's platform offers access to banking, borrowing, and investing solutions for customers. Its principal products include RoarMoney, an insured digital demand deposit account; Instacash, a cash advance product that gives customers early access to their recurring income deposits; Credit Builder Plus membership program; MoneyLion Investing, an online investment account that offers access to separately managed accounts invested based on model exchange-traded fund portfolios; Roundups, which provides features designed to encourage customers to establish good saving and investing habits; and MoneyLion Crypto, an online cryptocurrency account.