Imperial Capital upgraded shares of Mobileiron (NASDAQ:MOBL) from an in-line rating to an outperform rating in a report published on Monday, MarketBeat reports. They currently have $5.75 price objective on the software maker’s stock, up from their prior price objective of $4.00.

Several other research analysts have also recently weighed in on the stock. ValuEngine upgraded shares of Mobileiron from a sell rating to a hold rating in a report on Friday, February 9th. Northland Securities set a $7.00 target price on shares of Mobileiron and gave the company a buy rating in a research note on Friday, February 9th. BidaskClub upgraded shares of Mobileiron from a sell rating to a hold rating in a research note on Friday, February 2nd. Zacks Investment Research cut shares of Mobileiron from a hold rating to a sell rating in a research note on Wednesday, January 31st. Finally, Roth Capital began coverage on shares of Mobileiron in a research note on Wednesday, January 17th. They issued a buy rating and a $7.00 target price on the stock. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the company. The company has an average rating of Hold and a consensus target price of $6.35.

Mobileiron (NASDAQ MOBL) opened at $5.05 on Monday. Mobileiron has a twelve month low of $3.20 and a twelve month high of $6.78.

Mobileiron (NASDAQ:MOBL) last released its quarterly earnings results on Thursday, February 8th. The software maker reported ($0.07) earnings per share for the quarter, topping the consensus estimate of ($0.11) by $0.04. Mobileiron had a negative net margin of 31.90% and a negative return on equity of 167.00%. The business had revenue of $48.83 million for the quarter, compared to analysts’ expectations of $46.47 million. equities analysts predict that Mobileiron will post -0.45 earnings per share for the current year.

In other Mobileiron news, VP Daniel C. Fields sold 17,890 shares of the business’s stock in a transaction dated Friday, November 24th. The shares were sold at an average price of $3.89, for a total value of $69,592.10. Following the transaction, the vice president now directly owns 344,765 shares in the company, valued at $1,341,135.85. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, VP Daniel C. Fields sold 14,404 shares of the business’s stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $3.90, for a total transaction of $56,175.60. Following the completion of the transaction, the vice president now owns 356,250 shares in the company, valued at $1,389,375. The disclosure for this sale can be found here. 31.70% of the stock is owned by insiders.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Prudential Financial Inc. boosted its stake in Mobileiron by 4.8% in the second quarter. Prudential Financial Inc. now owns 26,090 shares of the software maker’s stock valued at $158,000 after acquiring an additional 1,200 shares during the last quarter. Cubist Systematic Strategies LLC bought a new stake in shares of Mobileiron in the second quarter valued at approximately $185,000. Voya Investment Management LLC raised its position in shares of Mobileiron by 16.0% in the second quarter. Voya Investment Management LLC now owns 31,203 shares of the software maker’s stock valued at $189,000 after purchasing an additional 4,315 shares during the period. SG Americas Securities LLC bought a new stake in shares of Mobileiron in the fourth quarter valued at approximately $135,000. Finally, New York State Common Retirement Fund raised its position in shares of Mobileiron by 20.0% in the second quarter. New York State Common Retirement Fund now owns 42,600 shares of the software maker’s stock valued at $258,000 after purchasing an additional 7,099 shares during the period. Hedge funds and other institutional investors own 51.60% of the company’s stock.

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About Mobileiron

MobileIron, Inc (MobileIron) provides a mobile information technology (IT) platform for enterprises to manage and secure mobile applications, content and devices. The Company’s solution provides enterprise security. The MobileIron Platform combines security and enterprise mobility management (EMM) tools, including mobile device management (MDM), mobile application management (MAM), and mobile content management (MCM) capabilities.

Analyst Recommendations for Mobileiron (NASDAQ:MOBL)

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