Mobileiron Inc (NASDAQ:MOBL) Director Aaref Hilaly sold 7,566 shares of the company’s stock in a transaction dated Tuesday, February 20th. The shares were sold at an average price of $5.10, for a total transaction of $38,586.60. Following the transaction, the director now directly owns 100,534 shares of the company’s stock, valued at approximately $512,723.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Aaref Hilaly also recently made the following trade(s):
- On Thursday, February 22nd, Aaref Hilaly sold 9,131 shares of Mobileiron stock. The shares were sold at an average price of $5.07, for a total transaction of $46,294.17.
Mobileiron Inc (NASDAQ MOBL) traded down $0.03 during midday trading on Friday, reaching $4.85. 1,100,000 shares of the company were exchanged, compared to its average volume of 591,869. The company has a market capitalization of $463.49, a PE ratio of -8.08 and a beta of 2.69. Mobileiron Inc has a twelve month low of $3.20 and a twelve month high of $6.78.
Mobileiron (NASDAQ:MOBL) last posted its earnings results on Thursday, February 8th. The software maker reported ($0.07) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.11) by $0.04. The business had revenue of $48.83 million for the quarter, compared to analysts’ expectations of $46.47 million. Mobileiron had a negative net margin of 31.90% and a negative return on equity of 167.00%. research analysts forecast that Mobileiron Inc will post -0.41 EPS for the current fiscal year.
A number of research analysts have recently commented on MOBL shares. Roth Capital started coverage on shares of Mobileiron in a research report on Wednesday, January 17th. They set a “buy” rating and a $7.00 price objective for the company. Northland Securities set a $7.00 price objective on shares of Mobileiron and gave the company a “buy” rating in a research report on Friday, February 9th. Zacks Investment Research raised shares of Mobileiron from a “sell” rating to a “hold” rating in a research report on Wednesday, December 20th. Imperial Capital raised shares of Mobileiron from an “in-line” rating to an “outperform” rating and upped their price objective for the company from $4.00 to $5.75 in a research report on Monday, February 12th. Finally, ValuEngine raised shares of Mobileiron from a “sell” rating to a “hold” rating in a research report on Friday, February 9th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the company. Mobileiron has an average rating of “Hold” and an average target price of $6.35.
A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Slow Capital Inc. bought a new stake in Mobileiron in the fourth quarter valued at about $140,000. Greenhouse Funds LLLP increased its stake in Mobileiron by 30.8% in the fourth quarter. Greenhouse Funds LLLP now owns 2,660,285 shares of the software maker’s stock valued at $10,375,000 after acquiring an additional 626,516 shares during the period. Engine Capital Management LLC bought a new stake in Mobileiron in the fourth quarter valued at about $395,000. TIAA CREF Investment Management LLC increased its stake in Mobileiron by 19.9% in the fourth quarter. TIAA CREF Investment Management LLC now owns 403,002 shares of the software maker’s stock valued at $1,572,000 after acquiring an additional 66,889 shares during the period. Finally, North Run Capital LP bought a new stake in Mobileiron in the fourth quarter valued at about $2,764,000. 48.74% of the stock is currently owned by institutional investors and hedge funds.
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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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