Volkow Ben Sells 11,900 Shares of Urgent.ly Inc. (NASDAQ:ULY) Stock

Urgent.ly Inc. (NASDAQ:ULY) Director Volkow Ben sold 11,900 shares of the company’s stock in a transaction dated Thursday, April 18th. The stock was sold at an average price of $1.72, for a total transaction of $20,468.00. Following the sale, the director now directly owns 548,044 shares in the company, valued at $942,635.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Volkow Ben also recently made the following trade(s):

• On Monday, March 18th, Volkow Ben sold 24,500 shares of Urgent.ly stock. The stock was sold at an average price of $2.22, for a total transaction of $54,390.00.

Urgent.ly Stock Down 0.6 %

Shares of Urgent.ly stock opened at $1.64 on Wednesday. The company has a current ratio of 3.47, a quick ratio of 3.47 and a debt-to-equity ratio of 6.88. Urgent.ly Inc. has a 1-year low of $1.47 and a 1-year high of $12.00. The business’s 50-day moving average price is $2.12.

Urgent.ly (NASDAQ:ULY) last issued its quarterly earnings data on Thursday, March 14th. The company reported ($2.43) earnings per share for the quarter. The business had revenue of $45.05 million for the quarter.

Hedge Funds Weigh In On Urgent.ly

A number of large investors have recently modified their holdings of ULY. Bank Hapoalim BM acquired a new position in shares of Urgent.ly during the fourth quarter worth approximately $47,000. Wealthspire Advisors LLC acquired a new position in shares of Urgent.ly during the fourth quarter worth approximately $136,000. Cowen AND Company LLC acquired a new position in shares of Urgent.ly during the fourth quarter worth approximately $1,275,000. B. Riley Financial Inc. acquired a new position in shares of Urgent.ly during the fourth quarter worth approximately $1,322,000. Finally, Senvest Management LLC acquired a new position in shares of Urgent.ly during the fourth quarter worth approximately $2,173,000. 28.30% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Needham & Company LLC decreased their price objective on shares of Urgent.ly from $7.00 to $5.00 and set a “buy” rating on the stock in a research note on Friday, March 15th.

About Urgent.ly

Urgent.ly Inc offers mobility assistance software platform for roadside assistance in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Its services include car lockout, tire changes, towing, stuck in ditch and winch services, motorcycle towing, electric vehicle towing, jump start, and gas delivery.