Jane Street Group LLC Purchases Shares of 63,455 Mobileiron Inc (MOBL)

Jane Street Group LLC purchased a new stake in shares of Mobileiron Inc (NASDAQ:MOBL) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 63,455 shares of the software maker’s stock, valued at approximately $291,000. Jane Street Group LLC owned about 0.06% of Mobileiron as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the stock. BlackRock Inc. raised its holdings in Mobileiron by 5.9% during the 4th quarter. BlackRock Inc. now owns 5,404,353 shares of the software maker’s stock valued at $24,807,000 after buying an additional 301,014 shares during the last quarter. Vanguard Group Inc raised its holdings in Mobileiron by 1.8% during the 3rd quarter. Vanguard Group Inc now owns 4,594,986 shares of the software maker’s stock valued at $24,354,000 after buying an additional 81,043 shares during the last quarter. Vanguard Group Inc. raised its holdings in Mobileiron by 1.8% during the 3rd quarter. Vanguard Group Inc. now owns 4,594,986 shares of the software maker’s stock valued at $24,354,000 after buying an additional 81,043 shares during the last quarter. Renaissance Technologies LLC raised its holdings in Mobileiron by 18.1% in the 3rd quarter. Renaissance Technologies LLC now owns 2,377,500 shares of the software maker’s stock worth $12,601,000 after purchasing an additional 365,100 shares in the last quarter. Finally, Legal & General Group Plc raised its holdings in Mobileiron by 38.4% in the 3rd quarter. Legal & General Group Plc now owns 2,218,021 shares of the software maker’s stock worth $11,756,000 after purchasing an additional 615,148 shares in the last quarter. Institutional investors own 59.91% of the company’s stock.

Shares of NASDAQ MOBL opened at $5.62 on Tuesday. Mobileiron Inc has a 12 month low of $3.98 and a 12 month high of $5.86. The firm has a market capitalization of $585.23 million, a price-to-earnings ratio of -13.38 and a beta of 1.76.

Mobileiron (NASDAQ:MOBL) last issued its quarterly earnings data on Thursday, February 7th. The software maker reported $0.03 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.03. Mobileiron had a negative net margin of 22.30% and a negative return on equity of 76.61%. The business had revenue of $54.10 million during the quarter, compared to analyst estimates of $54.40 million. The firm’s revenue for the quarter was up 10.9% compared to the same quarter last year. On average, sell-side analysts predict that Mobileiron Inc will post -0.32 earnings per share for the current fiscal year.

Several brokerages have commented on MOBL. Zacks Investment Research lowered shares of Mobileiron from a “buy” rating to a “hold” rating in a report on Friday, February 8th. Northland Securities restated a “buy” rating and issued a $6.50 price objective on shares of Mobileiron in a report on Thursday, April 11th. Finally, BidaskClub upgraded shares of Mobileiron from a “sell” rating to a “hold” rating in a report on Thursday, March 14th.

In related news, Director Leslie Stretch acquired 11,950 shares of the firm’s stock in a transaction on Friday, March 15th. The stock was acquired at an average cost of $5.01 per share, for a total transaction of $59,869.50. Following the acquisition, the director now owns 22,228 shares of the company’s stock, valued at $111,362.28. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. 24.29% of the stock is currently owned by corporate insiders.

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Mobileiron Company Profile

MobileIron, Inc, together with its subsidiaries, provides a purpose-built mobile IT platform that enables enterprises to manage and secure mobile applications, content, and devices while offering their employees with device choice, privacy, and a native user experience in the United States and internationally.

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Institutional Ownership by Quarter for Mobileiron (NASDAQ:MOBL)

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