Wall Street analysts predict that MobileIron, Inc. (NASDAQ:MOBL) will announce sales of $46.49 million for the current fiscal quarter, Zacks Investment Research reports. Three analysts have provided estimates for MobileIron’s earnings. The lowest sales estimate is $45.45 million and the highest is $47.20 million. MobileIron reported sales of $45.47 million during the same quarter last year, which would suggest a positive year over year growth rate of 2.2%. The business is scheduled to issue its next earnings report on Tuesday, February 6th.

According to Zacks, analysts expect that MobileIron will report full year sales of $46.49 million for the current financial year, with estimates ranging from $173.40 million to $175.00 million. For the next fiscal year, analysts expect that the firm will report sales of $186.56 million per share, with estimates ranging from $184.91 million to $189.40 million. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side analysts that cover MobileIron.

MobileIron (NASDAQ:MOBL) last posted its quarterly earnings results on Tuesday, October 31st. The software maker reported ($0.07) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.04) by ($0.03). The company had revenue of $42.72 million during the quarter, compared to analysts’ expectations of $42.69 million. MobileIron had a negative return on equity of 164.43% and a negative net margin of 33.88%. The company’s quarterly revenue was up 2.8% on a year-over-year basis. During the same period in the prior year, the business posted ($0.07) EPS.

A number of research analysts have issued reports on MOBL shares. ValuEngine cut shares of MobileIron from a “hold” rating to a “sell” rating in a report on Friday, September 1st. Raymond James Financial reaffirmed a “market perform” rating on shares of MobileIron in a report on Wednesday, October 18th. BidaskClub cut shares of MobileIron from a “buy” rating to a “hold” rating in a report on Tuesday, August 8th. UBS cut shares of MobileIron from an “outperform” rating to a “market perform” rating in a report on Wednesday, October 18th. Finally, Imperial Capital cut shares of MobileIron from an “outperform” rating to an “in-line” rating and decreased their price target for the stock from $5.50 to $4.00 in a report on Wednesday, October 18th. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $5.30.

MobileIron (MOBL) traded up $0.05 during midday trading on Friday, hitting $3.95. 831,333 shares of the company’s stock were exchanged, compared to its average volume of 556,431. MobileIron has a fifty-two week low of $3.20 and a fifty-two week high of $6.78.

In other news, VP Daniel C. Fields sold 17,890 shares of the stock in a transaction on Friday, November 24th. The shares were sold at an average price of $3.89, for a total value of $69,592.10. Following the sale, the vice president now owns 344,765 shares in the company, valued at $1,341,135.85. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Daniel C. Fields sold 52,383 shares of the stock in a transaction on Friday, September 8th. The stock was sold at an average price of $3.77, for a total transaction of $197,483.91. Following the completion of the sale, the vice president now owns 423,037 shares in the company, valued at approximately $1,594,849.49. The disclosure for this sale can be found here. In the last ninety days, insiders sold 100,277 shares of company stock valued at $381,752. Corporate insiders own 31.70% of the company’s stock.

Several large investors have recently added to or reduced their stakes in MOBL. UBS Asset Management Americas Inc. acquired a new stake in shares of MobileIron in the first quarter worth $136,000. American International Group Inc. increased its stake in shares of MobileIron by 7.1% in the first quarter. American International Group Inc. now owns 28,640 shares of the software maker’s stock worth $125,000 after acquiring an additional 1,904 shares during the period. FMR LLC acquired a new stake in shares of MobileIron in the first quarter worth $546,000. TIAA CREF Investment Management LLC increased its stake in shares of MobileIron by 19.2% in the first quarter. TIAA CREF Investment Management LLC now owns 142,277 shares of the software maker’s stock worth $619,000 after acquiring an additional 22,959 shares during the period. Finally, Vanguard Group Inc. increased its stake in shares of MobileIron by 10.3% in the first quarter. Vanguard Group Inc. now owns 2,627,541 shares of the software maker’s stock worth $11,429,000 after acquiring an additional 246,150 shares during the period. Hedge funds and other institutional investors own 51.20% of the company’s stock.

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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.

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