Director David Garfinkle buys 2,580 shares at $3.83–$3.85 on BEEP; prior buys at ticker 0% well-timed at 90 days.
David Garfinkle, Director at Mobile Infrastructure Corp (BEEP), purchased 2,580 shares across 2 transactions on 2025-08-29 for a combined $9,890.66 at a blended average price of $3.83, bringing his total holdings to 61,276 shares. His prior trades at BEEP comprise 3 buys (all in May 2024), none of which were well-timed by the 90-day mark—outcomes ranged from flat to -13.3%. The company remains unprofitable (net income of $-4,250,000.00 in the latest quarter), though annual revenue growth stands at +22.2%. The stock currently trades at $3.97, up 10.6% over the past 30 days but 15.4% below its 52-week high, suggesting a retracement within a broader range. This purchase adds 4.4% to Garfinkle's existing position but aligns with a historical pattern of prior BEEP buys that failed to capture subsequent appreciation over 90 days.