Mobix Labs, Inc. (NASDAQ:MOBX - Get Free Report) Director James J. Peterson sold 15,803 shares of the firm's stock in a transaction dated Thursday, March 13th. The stock was sold at an average price of $1.00, for a total value of $15,803.00. Following the completion of the transaction, the director now owns 2,099,377 shares of the company's stock, valued at approximately $2,099,377. The trade was a 0.75 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Mobix Labs Price Performance
Shares of NASDAQ:MOBX opened at $0.98 on Friday. Mobix Labs, Inc. has a twelve month low of $0.55 and a twelve month high of $3.62. The company has a current ratio of 0.13, a quick ratio of 0.09 and a debt-to-equity ratio of 0.23. The company has a market cap of $36.40 million, a PE ratio of -0.74 and a beta of -0.31. The company's 50 day moving average is $1.24 and its 200 day moving average is $1.12.
Mobix Labs (NASDAQ:MOBX - Get Free Report) last released its quarterly earnings data on Tuesday, February 18th. The company reported ($0.52) EPS for the quarter. Mobix Labs had a negative net margin of 437.57% and a negative return on equity of 866.93%. The business had revenue of $3.17 million during the quarter.
Institutional Investors Weigh In On Mobix Labs
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Coppell Advisory Solutions LLC lifted its holdings in shares of Mobix Labs by 66.7% in the 4th quarter. Coppell Advisory Solutions LLC now owns 25,000 shares of the company's stock valued at $42,000 after buying an additional 10,000 shares during the period. Ieq Capital LLC raised its position in Mobix Labs by 73.1% during the fourth quarter. Ieq Capital LLC now owns 34,620 shares of the company's stock valued at $59,000 after acquiring an additional 14,620 shares in the last quarter. Jane Street Group LLC acquired a new position in Mobix Labs in the fourth quarter valued at approximately $93,000. Citadel Advisors LLC purchased a new stake in Mobix Labs in the 4th quarter worth approximately $104,000. Finally, Geode Capital Management LLC grew its stake in shares of Mobix Labs by 29.8% during the 3rd quarter. Geode Capital Management LLC now owns 201,578 shares of the company's stock worth $214,000 after purchasing an additional 46,237 shares during the period. 8.56% of the stock is owned by institutional investors and hedge funds.
About Mobix Labs
(
Get Free Report)
Mobix Labs, Inc, a fabless semiconductor company, provides wireless and connectivity solutions for next generation communication systems, including C-Band and mmWave 5G and high bandwidth cable applications. Its products include True5G chipset solutions; true xero active optical cables and related products designed to deliver fiber optic connectivity for a range of applications, including 5G infrastructure, autonomous vehicles, Pro A/V, AR/VR, remote medical systems, and others; electromagnetic interference filters deployed in aerospace, military, defense, medical, and healthcare products.
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