Key Points
- CTO James Aralis sold 18,191 shares of Mobix Labs on August 26 at an average price of $0.92 for $16,735.72, and had previously sold 22,470 shares on November 21 at $0.41, reducing his stake by 17.08% to 88,332 shares.
- Shares trade near penny-stock levels (opened at $0.46), with a market cap of $28.13M, a 12‑month range of $0.40–$2.47, and weak liquidity metrics (quick ratio 0.09, current ratio 0.14, debt/equity 3.25).
- Market sentiment is negative, with a consensus "Sell" rating from analysts, though several institutions have recently increased positions—including Armistice Capital's ~ $3.27M new stake—and institutional ownership sits at about 8.56%.
Mobix Labs, Inc. (NASDAQ:MOBX - Get Free Report) CTO James Aralis sold 18,191 shares of the stock in a transaction that occurred on Tuesday, August 26th. The stock was sold at an average price of $0.92, for a total value of $16,735.72. Following the completion of the transaction, the chief technology officer directly owned 88,332 shares of the company's stock, valued at $81,265.44. This represents a 17.08% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.
James Aralis also recently made the following trade(s):
- On Friday, November 21st, James Aralis sold 22,470 shares of Mobix Labs stock. The shares were sold at an average price of $0.41, for a total value of $9,212.70.
Mobix Labs Price Performance
Shares of MOBX stock opened at $0.46 on Friday. The stock has a market cap of $28.13 million, a price-to-earnings ratio of -0.42 and a beta of -0.14. The business's fifty day moving average is $0.73 and its 200 day moving average is $0.81. Mobix Labs, Inc. has a twelve month low of $0.40 and a twelve month high of $2.47. The company has a quick ratio of 0.09, a current ratio of 0.14 and a debt-to-equity ratio of 3.25.
Institutional Trading of Mobix Labs
Institutional investors have recently added to or reduced their stakes in the business. XTX Topco Ltd increased its holdings in shares of Mobix Labs by 47.4% in the 2nd quarter. XTX Topco Ltd now owns 38,671 shares of the company's stock worth $30,000 after purchasing an additional 12,443 shares in the last quarter. Beacon Pointe Advisors LLC lifted its holdings in shares of Mobix Labs by 432.7% during the second quarter. Beacon Pointe Advisors LLC now owns 108,017 shares of the company's stock valued at $83,000 after purchasing an additional 87,738 shares in the last quarter. Vanguard Capital Wealth Advisors boosted its position in shares of Mobix Labs by 20.6% during the second quarter. Vanguard Capital Wealth Advisors now owns 950,981 shares of the company's stock valued at $728,000 after buying an additional 162,361 shares during the last quarter. Focus Partners Wealth increased its holdings in Mobix Labs by 64.3% in the 1st quarter. Focus Partners Wealth now owns 1,642,857 shares of the company's stock worth $1,467,000 after buying an additional 642,857 shares in the last quarter. Finally, Armistice Capital LLC bought a new stake in Mobix Labs in the 2nd quarter worth about $3,272,000. 8.56% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several research analysts recently issued reports on MOBX shares. Weiss Ratings reiterated a "sell (e+)" rating on shares of Mobix Labs in a research note on Wednesday, October 8th. Wall Street Zen cut shares of Mobix Labs to a "strong sell" rating in a report on Saturday, August 2nd. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has a consensus rating of "Sell".
Check Out Our Latest Research Report on Mobix Labs
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
