Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Mobility Global, Inc. (NYSE:MBGL). In a filing disclosed on November 10th, the Representative disclosed that they had bought between $50,001 and $100,000 in Mobility Global stock on October 15th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > WELLS FARGO ADVISORS” account.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of BridgeBio Pharma (NASDAQ:BBIO) on 11/2/2026.
- Purchased $1,001 – $15,000 in shares of argenex (NASDAQ:ARGX) on 10/27/2026.
- Sold $1,001 – $15,000 in shares of Illumina (NASDAQ:ILMN) on 10/27/2026.
- Sold $1,001 – $15,000 in shares of Revvity (NYSE:RVTY) on 10/27/2026.
- Sold $15,001 – $50,000 in shares of PTC (NASDAQ:PTC) on 10/27/2026.
- Purchased $1,001 – $15,000 in shares of BridgeBio Pharma (NASDAQ:BBIO) on 10/27/2026.
- Purchased $1,001 – $15,000 in shares of MACOM Technology Solutions (NASDAQ:MTSI) on 10/27/2026.
- Sold $1,001 – $15,000 in shares of Micron Solutions (OTCMKTS:MICR) on 10/21/2026.
- Sold $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 10/21/2026.
- Purchased $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 10/21/2026.
Mobility Global Stock Up 15.6%
Mobility Global stock traded up $3.11 during mid-day trading on Thursday, reaching $23.03. 7,286,919 shares of the company’s stock were exchanged, compared to its average volume of 5,973,280. The firm has a market capitalization of $6.82 billion and a P/E ratio of 127.92. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.20. Mobility Global, Inc. has a twelve month low of $16.95 and a twelve month high of $26.00. The stock’s fifty day simple moving average is $19.02.
Mobility Global (NYSE:MBGL – Get Free Report) last released its earnings results on Thursday, November 12th. The company reported $0.40 EPS for the quarter, topping the consensus estimate of $0.38 by $0.02. Mobility Global’s revenue was up 7.4% compared to the same quarter last year. Equities research analysts expect that Mobility Global, Inc. will post 1.52 earnings per share for the current fiscal year.
Mobility Global Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, December 14th. Shareholders of record on Monday, November 30th will be given a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Monday, November 30th. Mobility Global’s payout ratio is currently 133.33%.
Wall Street Analyst Weigh In
Several analysts recently weighed in on the stock. Evercore began coverage on shares of Mobility Global in a report on Wednesday, September 9th. They issued an “in-line” rating and a $22.00 target price on the stock. Wall Street Zen upgraded shares of Mobility Global to a “hold” rating in a report on Saturday, July 18th. Citigroup began coverage on shares of Mobility Global in a research report on Tuesday, August 11th. They set a “neutral” rating and a $23.00 price objective for the company. Robert W. Baird dropped their target price on Mobility Global from $23.00 to $22.00 and set a “neutral” rating on the stock in a report on Monday, August 10th. Finally, Bank of America began coverage on Mobility Global in a research note on Friday, August 21st. They issued a “neutral” rating and a $23.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Mobility Global presently has an average rating of “Hold” and an average target price of $22.20.
Read Our Latest Research Report on Mobility Global
Institutional Trading of Mobility Global
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MBGL. Boston Partners acquired a new stake in Mobility Global during the 3rd quarter worth $201,882,000. State Street Corp purchased a new position in shares of Mobility Global during the third quarter worth about $175,280,000. William Blair Investment Management LLC purchased a new position in shares of Mobility Global during the third quarter worth about $90,742,000. Mawer Investment Management Ltd. acquired a new stake in shares of Mobility Global during the third quarter worth about $63,568,000. Finally, Alberta Investment Management Corp acquired a new stake in shares of Mobility Global during the third quarter worth about $38,899,000.
Key Mobility Global News
These are some of the MBGL news items that stood out recently:
- Positive Sentiment: Q3 earnings were $0.40 per share, ahead of the $0.38 analyst consensus, while revenue rose 7.4% year over year to $478 million. Earnings results
- Positive Sentiment: Mobility Global raised its FY2026 EBITDA guidance, a favorable signal about expected profitability and a key catalyst behind the stock’s move. Higher EBITDA outlook
- Positive Sentiment: The company authorized an $800 million share-repurchase program. Buybacks can support per-share results and signal management confidence, though the impact depends on execution. Share-repurchase program
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
About Mobility Global
Mobility Global is a blank-check company formed to pursue a merger, acquisition, share exchange or similar business combination with an operating business. It does not have established products or services of its own. The company’s stated focus is the mobility sector, which may include businesses involved in transportation, automotive services, logistics and related technologies. Its activities are centered on identifying and completing a suitable business combination.
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