MoneyLion (NYSE:ML) Stock Rating Lowered by B. Riley

MoneyLion (NYSE:ML - Get Free Report) was downgraded by research analysts at B. Riley from a "buy" rating to a "neutral" rating in a note issued to investors on Wednesday, MarketBeat reports. They presently have a $90.00 price target on the stock, down from their prior price target of $133.00. B. Riley's price objective indicates a potential upside of 3.23% from the stock's previous close. 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.

Several other equities analysts also recently issued reports on the company. Lake Street Capital reissued a "hold" rating and issued a $82.00 target price (down from $109.00) on shares of MoneyLion in a research report on Wednesday, December 11th. Northland Securities increased their price target on MoneyLion from $80.00 to $100.00 and gave the stock an "outperform" rating in a research report on Wednesday, November 27th. Oppenheimer upgraded MoneyLion from a "market perform" rating to an "outperform" rating and set a $80.00 target price on the stock in a research report on Thursday, November 7th. Finally, Needham & Company LLC reaffirmed a "hold" rating and issued a $100.00 price target 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 given a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $92.83.

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MoneyLion Stock Performance

Shares of NYSE ML traded up $0.45 during mid-day trading on Wednesday, hitting $87.18. The stock had a trading volume of 157,526 shares, compared to its average volume of 158,693. The company has a 50 day moving average of $86.61 and a two-hundred day moving average of $67.56. MoneyLion has a twelve month low of $36.65 and a twelve month high of $106.82. The firm has a market cap of $967.79 million, a PE ratio of 396.27 and a beta of 3.06.

Insider Transactions at MoneyLion

In related news, insider Timmie Hong sold 6,094 shares of MoneyLion stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $86.84, for a total value of $529,202.96. Following the completion of the sale, the insider now owns 86,015 shares in the company, valued at approximately $7,469,542.60. This trade represents a 6.62 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Adam Vanwagner sold 5,326 shares of MoneyLion stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $87.26, for a total transaction of $464,746.76. Following the completion of the sale, the insider now owns 85,306 shares of the company's stock, valued at $7,443,801.56. This trade represents a 5.88 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 85,403 shares of company stock worth $7,401,038 in the last 90 days. Insiders own 11.90% of the company's stock.

Hedge Funds Weigh In On MoneyLion

Several institutional investors have recently modified their holdings of the business. Covestor Ltd grew its stake in shares of MoneyLion by 63.6% in the third quarter. Covestor Ltd now owns 656 shares of the company's stock worth $27,000 after acquiring an additional 255 shares in the last quarter. SBI Securities Co. Ltd. acquired a new position in shares of MoneyLion in the fourth quarter worth $29,000. MetLife Investment Management LLC grew its stake in shares of MoneyLion by 12.6% in the fourth quarter. MetLife Investment Management LLC now owns 5,634 shares of the company's stock worth $485,000 after acquiring an additional 629 shares in the last quarter. FMR LLC grew its stake in shares of MoneyLion by 154.6% in the third quarter. FMR LLC now owns 1,049 shares of the company's stock worth $44,000 after acquiring an additional 637 shares in the last quarter. Finally, New York State Teachers Retirement System purchased a new stake in shares of MoneyLion during the 4th quarter worth $67,000. Institutional investors and hedge funds 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.