MoneyLion Inc. (NYSE:ML) Given Consensus Rating of "Moderate Buy" by Analysts

Shares of MoneyLion Inc. (NYSE:ML - Get Free Report) have earned an average rating of "Moderate Buy" from the eight ratings firms that are currently covering the company, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating, three have given a buy rating and two have given a strong buy rating to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $92.83.

ML has been the subject of several analyst reports. Needham & Company LLC reissued a "hold" rating on shares of MoneyLion in a report on Friday, March 7th. Lake Street Capital reaffirmed a "hold" rating and set a $82.00 price target (down from $109.00) on shares of MoneyLion in a report on Wednesday, December 11th. B. Riley lowered MoneyLion from a "buy" rating to a "neutral" rating and reduced their price objective for the stock from $133.00 to $90.00 in a research note on Wednesday, February 26th. Finally, Northland Securities raised their target price on MoneyLion from $80.00 to $100.00 and gave the company an "outperform" rating in a research note on Wednesday, November 27th.

MoneyLion Trading Down 0.5 %

ML stock traded down $0.43 during trading on Wednesday, hitting $87.86. The company had a trading volume of 132,061 shares, compared to its average volume of 210,288. The company has a fifty day moving average price of $86.86 and a two-hundred day moving average price of $71.93. MoneyLion has a fifty-two week low of $36.65 and a fifty-two week high of $106.82. The company has a market cap of $994.52 million, a P/E ratio of 399.34 and a beta of 3.04.

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Insiders Place Their Bets

In other MoneyLion news, CEO Diwakar Choubey sold 5,253 shares of MoneyLion stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $85.76, for a total value of $450,497.28. Following the transaction, the chief executive officer now owns 344,928 shares of the company's stock, valued at approximately $29,581,025.28. The trade was a 1.50 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Richard Correia sold 3,502 shares of the stock in a transaction on Monday, February 24th. The stock was sold at an average price of $85.76, for a total transaction of $300,331.52. Following the sale, the chief financial officer now directly owns 182,570 shares of the company's stock, valued at $15,657,203.20. This represents a 1.88 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 54,309 shares of company stock worth $4,716,335. Insiders own 11.90% of the company's stock.

Institutional Investors Weigh In On MoneyLion

Several institutional investors have recently added to or reduced their stakes in the stock. GSA Capital Partners LLP increased its stake in MoneyLion by 10.4% in the 3rd quarter. GSA Capital Partners LLP now owns 14,427 shares of the company's stock valued at $599,000 after buying an additional 1,360 shares during the last quarter. Empowered Funds LLC raised its stake in shares of MoneyLion by 5.2% during the 3rd quarter. Empowered Funds LLC now owns 35,246 shares of the company's stock worth $1,464,000 after purchasing an additional 1,742 shares in the last quarter. Quest Partners LLC raised its stake in shares of MoneyLion by 3,016.7% during the 3rd quarter. Quest Partners LLC now owns 3,927 shares of the company's stock worth $163,000 after purchasing an additional 3,801 shares in the last quarter. Thompson Siegel & Walmsley LLC boosted its holdings in shares of MoneyLion by 10.7% in the 3rd quarter. Thompson Siegel & Walmsley LLC now owns 23,765 shares of the company's stock valued at $987,000 after buying an additional 2,298 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of MoneyLion by 6.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 55,087 shares of the company's stock valued at $2,289,000 after buying an additional 3,179 shares in the last quarter. 31.43% of the stock is owned by institutional investors.

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.