Two 59%+ winners, four above 25% in Aug – How this AI model keeps picking winners
MoneyLion Inc. (NYSE:ML) CEO and Director Diwakar Choubey recently sold 5,253 shares of the company’s Class A common stock, according to a recent SEC filing. The shares were sold at a price of $85.76 each, totaling approximately $450,497. The transaction comes as MoneyLion’s stock has shown strong momentum, delivering a 76% return over the past year and nearly doubling in value over the last six months.
The sale was part of a mandatory instruction in the award agreement to cover tax liabilities related to the vesting of performance share units (PSUs). These PSUs were previously granted to Choubey and vested upon the achievement of certain performance goals.
In addition to the sale, Choubey also acquired 29,316 shares on February 20, 2025, and 69,396 shares on February 24, 2025, both at no cost. These acquisitions were related to PSUs and restricted stock units (RSUs) granted as part of his compensation.
Following these transactions, Choubey holds direct ownership of 414,624 shares of MoneyLion’s Class A common stock.
In other recent news, MoneyLion has received attention from Craig-Hallum, which maintained a Buy rating on the company with a price target of $105. This decision is grounded in expectations that MoneyLion will achieve significant adjusted EBITDA by fiscal year 2025. The analyst from Craig-Hallum highlighted that the $105 price target represents a 13x multiple on the projected FY25 adjusted EBITDA, which is higher than the average for similar companies. This optimistic outlook reflects confidence in MoneyLion’s potential future performance and the milestones it might achieve. Additionally, the price target includes a belief in reaching a $37.50 target price that could activate a contingent value rights payment. The Craig-Hallum analyst’s positive stance suggests that MoneyLion is positioned to outperform its peers in the financial sector. This analysis indicates a robust growth trajectory for the company’s adjusted EBITDA. These developments provide investors with insights into MoneyLion’s financial prospects and market positioning.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.