WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Shares Sold by Trust Point Inc.

Trust Point Inc. reduced its position in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 40.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,086 shares of the company's stock after selling 10,442 shares during the period. Trust Point Inc.'s holdings in WillScot Mobile Mini were worth $505,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. V Square Quantitative Management LLC purchased a new position in WillScot Mobile Mini during the third quarter valued at $25,000. Hexagon Capital Partners LLC lifted its position in WillScot Mobile Mini by 200.0% during the 3rd quarter. Hexagon Capital Partners LLC now owns 900 shares of the company's stock valued at $34,000 after acquiring an additional 600 shares during the period. Financial Management Professionals Inc. purchased a new stake in WillScot Mobile Mini in the third quarter worth about $36,000. First Horizon Advisors Inc. increased its stake in shares of WillScot Mobile Mini by 16.4% during the third quarter. First Horizon Advisors Inc. now owns 2,138 shares of the company's stock valued at $80,000 after purchasing an additional 302 shares in the last quarter. Finally, KBC Group NV increased its stake in shares of WillScot Mobile Mini by 14.7% during the third quarter. KBC Group NV now owns 5,110 shares of the company's stock valued at $192,000 after purchasing an additional 655 shares in the last quarter. 95.81% of the stock is currently owned by institutional investors.

WillScot Mobile Mini Stock Performance

Shares of NASDAQ:WSC traded up $0.14 on Friday, reaching $37.21. The company's stock had a trading volume of 1,780,603 shares, compared to its average volume of 2,345,066. WillScot Mobile Mini Holdings Corp. has a 52-week low of $32.57 and a 52-week high of $52.16. The stock has a market capitalization of $6.87 billion, a P/E ratio of 338.30, a PEG ratio of 1.93 and a beta of 1.41. The stock's 50-day moving average is $35.92 and its two-hundred day moving average is $37.08. The company has a debt-to-equity ratio of 3.42, a current ratio of 0.90 and a quick ratio of 0.82.

Insider Activity at WillScot Mobile Mini

In other WillScot Mobile Mini news, insider Graeme Parkes sold 2,900 shares of the company's stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $37.01, for a total value of $107,329.00. Following the transaction, the insider now directly owns 72,818 shares in the company, valued at approximately $2,694,994.18. This represents a 3.83 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Bradley Lee Soultz acquired 5,000 shares of the company's stock in a transaction dated Thursday, November 14th. The shares were bought at an average cost of $35.41 per share, with a total value of $177,050.00. Following the purchase, the chief executive officer now owns 144,686 shares in the company, valued at approximately $5,123,331.26. The trade was a 3.58 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 3.30% of the company's stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Robert W. Baird lowered their price objective on shares of WillScot Mobile Mini from $42.00 to $38.00 and set a "neutral" rating on the stock in a research report on Thursday, October 31st. Barclays lowered their price objective on WillScot Mobile Mini from $44.00 to $40.00 and set an "equal weight" rating on the stock in a research report on Friday, November 1st. Morgan Stanley upgraded shares of WillScot Mobile Mini from an "equal weight" rating to an "overweight" rating and raised their price objective for the company from $40.00 to $50.00 in a research report on Tuesday, December 17th. Deutsche Bank Aktiengesellschaft downgraded shares of WillScot Mobile Mini from a "buy" rating to a "hold" rating and dropped their target price for the stock from $46.00 to $35.00 in a report on Thursday, October 31st. Finally, Baird R W downgraded WillScot Mobile Mini from a "strong-buy" rating to a "hold" rating in a research report on Thursday, October 24th. Five investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, WillScot Mobile Mini currently has a consensus rating of "Moderate Buy" and an average target price of $45.50.

About WillScot Mobile Mini

WillScot Holdings Corporation provides workspace and portable storage solutions in the United States, Canada, and Mexico. It operates in two segments, Modular Solutions and Storage Solutions. Its modular solutions include panelized and stackable offices, single-wide modular space units, section modulars and redi-plex, classrooms, ground level offices, blast-resistant modules, clearspan structures, and other modular space; and portable storage solutions, such as portable and cold storage containers, as well as trailers.