Northland Securities analyst Robert Breza maintained a Buy rating on Mobile Iron (MOBL) today and set a price target of $6.50. The company’s shares closed yesterday at $5.43.
According to TipRanks.com, Breza is a 5-star analyst with an average return of 13.0% and a 63.5% success rate. Breza covers the Technology sector, focusing on stocks such as Coupa Software Inc, Salesforce.com, and Workday Inc.
Mobile Iron has an analyst consensus of Moderate Buy, with a price target consensus of $5.75.
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Based on Mobile Iron’s latest earnings release for the quarter ending December 31, the company reported a quarterly GAAP net loss of $7.21 million. In comparison, last year the company had a GAAP net loss of $16.37 million.
Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of MOBL in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
MobileIron, Inc. engages in the development of purpose-built mobile information technology platform, which enables enterprises to manage and secure mobile applications, content, and devices. Its products include MobileIron unified endpoint management, MobileIron Access, MobileIron Threat Defense, and MobileIron secure applications for end-user productivity.
