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Director David Garfinkle of Mobile Infrastructure Corp (EXCHANGE:BEEP), a $163 million market cap company currently trading at $3.97, recently purchased shares of the company’s common stock, according to a Form 4 filing with the Securities and Exchange Commission. According to InvestingPro analysis, the company maintains impressive gross profit margins of nearly 60%, though it currently faces profitability challenges. On August 29, 2025, Garfinkle acquired a total of 2,580 shares in two separate transactions, with prices ranging from $3.83 to $3.85, amounting to a total investment of $9,890.
Specifically, Garfinkle purchased 2,117 shares at $3.83 per share and 463 shares at $3.85 per share. Following these transactions, Garfinkle directly owns 61,276 shares of Mobile Infrastructure Corp.
In other recent news, Mobile Infrastructure Corp reported its Q2 2025 earnings, which showed a decline in both revenue and net operating income compared to the previous year. The company has outlined strategic initiatives to optimize its asset portfolio in response to these declines. These developments come amid broader market trends and challenges in the sector. Despite the lower earnings figures, the company is focusing on strategies to potentially improve its financial health. There were no updates regarding mergers or acquisitions. Analyst opinions on the stock have not been specifically mentioned in the recent updates. Investors are advised to keep an eye on the company’s strategic moves in the coming quarters.
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