Urgent.ly Inc. (NASDAQ:ULY) Director Sells $20,468.00 in Stock

Urgent.ly Inc. (NASDAQ:ULY) Director Volkow Ben sold 11,900 shares of the stock in a transaction on Thursday, April 18th. The shares were sold at an average price of $1.72, for a total transaction of $20,468.00. Following the completion of the transaction, the director now directly owns 548,044 shares in the company, valued at $942,635.68. The transaction was disclosed in a document filed with the SEC, which is available through 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 shares were sold at an average price of $2.22, for a total transaction of $54,390.00.

Urgent.ly Stock Down 4.1 %

NASDAQ:ULY traded down $0.07 during trading hours on Monday, reaching $1.65. 7,290 shares of the company’s stock were exchanged, compared to its average volume of 73,675. The firm’s 50-day moving average is $2.13. The company has a debt-to-equity ratio of 6.88, a current ratio of 3.47 and a quick ratio of 3.47. Urgent.ly Inc. has a 1-year low of $1.47 and a 1-year high of $12.00.

Urgent.ly (NASDAQ:ULY) last released its earnings results on Thursday, March 14th. The company reported ($2.43) EPS for the quarter. The firm had revenue of $45.05 million for the quarter.

Institutional Trading of Urgent.ly

Several hedge funds have recently made changes to their positions in ULY. Bank Hapoalim BM acquired a new stake in shares of Urgent.ly in the 4th quarter worth $47,000. Wellspring Financial Advisors LLC acquired a new stake in shares of Urgent.ly in the fourth quarter valued at about $69,000. Wealthspire Advisors LLC acquired a new stake in shares of Urgent.ly in the fourth quarter valued at about $136,000. Black Maple Capital Management LP acquired a new stake in shares of Urgent.ly in the fourth quarter valued at about $447,000. Finally, Cowen AND Company LLC acquired a new stake in shares of Urgent.ly in the fourth quarter valued at about $1,275,000. Institutional investors and hedge funds own 28.30% of the company’s stock.

Analysts Set New Price Targets

Separately, Needham & Company LLC decreased their price target on shares of Urgent.ly from $7.00 to $5.00 and set a “buy” rating for the company 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.