International Assets Investment Management LLC cut its stake in Mobile Infrastructure Co. (NASDAQ:BEEP - Free Report) by 86.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 23,876 shares of the company's stock after selling 148,190 shares during the quarter. International Assets Investment Management LLC owned approximately 0.06% of Mobile Infrastructure worth $107,000 at the end of the most recent reporting period.
Several other hedge funds have also bought and sold shares of BEEP. Geode Capital Management LLC raised its holdings 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 during the period. Brookstone Capital Management increased its position 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 buying an additional 22,097 shares in the last quarter. CWM LLC raised its stake in shares of Mobile Infrastructure by 40.8% during the 3rd quarter. CWM LLC now owns 38,810 shares of the company's stock worth $127,000 after buying an additional 11,245 shares during the period. Centaurus Financial Inc. lifted its position in shares of Mobile Infrastructure by 6.7% during the 2nd quarter. Centaurus Financial Inc. now owns 93,018 shares of the company's stock valued at $319,000 after buying an additional 5,869 shares in the last quarter. Finally, Concorde Asset Management LLC grew its stake in Mobile Infrastructure by 5.5% in the 3rd 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 during the period. Hedge funds and other institutional investors own 84.30% of the company's stock.
Mobile Infrastructure Price Performance
NASDAQ BEEP traded up $0.15 on Wednesday, hitting $3.70. The company had a trading volume of 34,726 shares, compared to its average volume of 50,381. 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's fifty day moving average price is $3.70 and its 200-day moving average price is $3.32. The company has a market capitalization of $155.03 million, a PE ratio of -4.11 and a beta of 0.59. Mobile Infrastructure Co. has a 12-month low of $2.48 and a 12-month high of $4.86.
About Mobile Infrastructure
(
Free Report)
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.
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