MobileIron, Inc. (NASDAQ:MOBL) VP Daniel C. Fields sold 15,600 shares of the company’s stock in a transaction dated Thursday, September 7th. The stock was sold at an average price of $3.75, for a total transaction of $58,500.00. Following the completion of the sale, the vice president now directly owns 423,037 shares of the company’s stock, valued at approximately $1,586,388.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of MobileIron, Inc. (NASDAQ MOBL) traded up 4.70% during midday trading on Friday, reaching $3.90. 383,307 shares of the company’s stock were exchanged. The firm has a 50-day moving average of $4.33 and a 200-day moving average of $4.91. MobileIron, Inc. has a 1-year low of $2.56 and a 1-year high of $6.78. The company’s market capitalization is $291.13 million.

MobileIron (NASDAQ:MOBL) last posted its quarterly earnings results on Thursday, July 27th. The software maker reported ($0.08) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.16) by $0.08. The business had revenue of $42.65 million for the quarter, compared to analysts’ expectations of $43.44 million. MobileIron had a negative return on equity of 136.81% and a negative net margin of 32.67%. The firm’s quarterly revenue was up 9.6% compared to the same quarter last year. During the same quarter last year, the business earned ($0.14) earnings per share. Equities analysts expect that MobileIron, Inc. will post ($0.19) earnings per share for the current fiscal year.

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Several equities research analysts recently weighed in on the stock. ValuEngine downgraded shares of MobileIron from a “hold” rating to a “sell” rating in a report on Friday, September 1st. BidaskClub downgraded shares of MobileIron from a “buy” rating to a “hold” rating in a report on Tuesday, August 8th. Northland Securities reissued a “buy” rating and issued a $7.00 price target on shares of MobileIron in a report on Friday, July 14th. Finally, Barclays PLC reissued a “sell” rating and issued a $5.00 price target on shares of MobileIron in a report on Wednesday, July 19th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $5.28.

A number of institutional investors have recently bought and sold shares of the stock. Bank of America Corp DE boosted its holdings in MobileIron by 0.5% in the first quarter. Bank of America Corp DE now owns 62,960 shares of the software maker’s stock valued at $274,000 after acquiring an additional 311 shares during the last quarter. Prudential Financial Inc. boosted its holdings in MobileIron by 4.8% in the second quarter. Prudential Financial Inc. now owns 26,090 shares of the software maker’s stock valued at $158,000 after acquiring an additional 1,200 shares during the last quarter. American International Group Inc. boosted its holdings in MobileIron by 7.1% in the first quarter. American International Group Inc. now owns 28,640 shares of the software maker’s stock valued at $125,000 after acquiring an additional 1,904 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in MobileIron by 3.8% in the first quarter. Goldman Sachs Group Inc. now owns 68,375 shares of the software maker’s stock valued at $297,000 after acquiring an additional 2,533 shares during the last quarter. Finally, California State Teachers Retirement System boosted its holdings in MobileIron by 4.0% in the second quarter. California State Teachers Retirement System now owns 97,189 shares of the software maker’s stock valued at $588,000 after acquiring an additional 3,700 shares during the last quarter. Institutional investors and hedge funds own 54.87% of the company’s stock.

About MobileIron

MobileIron, Inc (MobileIron) provides a mobile information technology (IT) platform for enterprises to manage and secure mobile applications, content and devices. The Company’s solution provides enterprise security. The MobileIron Platform combines security and enterprise mobility management (EMM) tools, including mobile device management (MDM), mobile application management (MAM), and mobile content management (MCM) capabilities.

Insider Buying and Selling by Quarter for MobileIron (NASDAQ:MOBL)

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