Mobile Mini, Inc. (NASDAQ:MINI) Director Lawrence Trachtenberg sold 10,000 shares of the business’s stock in a transaction on Monday, August 7th. The stock was sold at an average price of $31.59, for a total value of $315,900.00. Following the sale, the director now directly owns 38,181 shares in the company, valued at $1,206,137.79. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Mobile Mini, Inc. (NASDAQ MINI) traded up 0.32% on Tuesday, reaching $31.50. The company had a trading volume of 254,925 shares. The firm has a 50 day moving average price of $29.92 and a 200-day moving average price of $30.12. Mobile Mini, Inc. has a 12 month low of $23.40 and a 12 month high of $37.05. The stock has a market capitalization of $1.38 billion, a price-to-earnings ratio of 27.37 and a beta of 2.26.

Mobile Mini (NASDAQ:MINI) last issued its quarterly earnings data on Friday, July 21st. The industrial products company reported $0.24 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.26 by $0.02. The business had revenue of $126.70 million for the quarter, compared to analyst estimates of $126.03 million. Mobile Mini had a return on equity of 7.52% and a net margin of 10.03%. The business’s quarterly revenue was up 1.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.25 EPS. Analysts forecast that Mobile Mini, Inc. will post $1.21 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 30th. Investors of record on Wednesday, August 16th will be paid a dividend of $0.227 per share. This represents a $0.91 annualized dividend and a yield of 2.88%. The ex-dividend date is Monday, August 14th. Mobile Mini’s payout ratio is presently 78.45%.

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A number of equities research analysts have recently issued reports on the company. Zacks Investment Research lowered Mobile Mini from a “hold” rating to a “sell” rating in a research report on Wednesday, July 26th. BidaskClub lowered Mobile Mini from a “buy” rating to a “hold” rating in a research report on Wednesday, July 12th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $35.00.

A number of hedge funds have recently modified their holdings of the company. State of Tennessee Treasury Department increased its stake in shares of Mobile Mini by 17.8% in the first quarter. State of Tennessee Treasury Department now owns 41,771 shares of the industrial products company’s stock valued at $1,274,000 after buying an additional 6,304 shares during the last quarter. Bank of America Corp DE increased its stake in shares of Mobile Mini by 15.4% in the first quarter. Bank of America Corp DE now owns 330,816 shares of the industrial products company’s stock valued at $10,090,000 after buying an additional 44,165 shares during the last quarter. Atria Investments LLC increased its stake in shares of Mobile Mini by 40.3% in the first quarter. Atria Investments LLC now owns 11,743 shares of the industrial products company’s stock valued at $358,000 after buying an additional 3,373 shares during the last quarter. BNP Paribas Arbitrage SA increased its stake in shares of Mobile Mini by 12.0% in the first quarter. BNP Paribas Arbitrage SA now owns 9,166 shares of the industrial products company’s stock valued at $280,000 after buying an additional 981 shares during the last quarter. Finally, OppenheimerFunds Inc. increased its stake in shares of Mobile Mini by 24.6% in the first quarter. OppenheimerFunds Inc. now owns 13,119 shares of the industrial products company’s stock valued at $400,000 after buying an additional 2,591 shares during the last quarter.

About Mobile Mini

Mobile Mini, Inc is a provider of portable storage solutions. The Company, through its subsidiary, Evergreen Tank Solutions, Inc (ETS), is a provider of specialty containment solutions in the United States. The Company manages its business as two portable storage solutions business segments, North America and the U.K., and one specialty containment business segment.

Insider Buying and Selling by Quarter for Mobile Mini (NASDAQ:MINI)

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