Mulesoft Inc (NYSE:MULE) Director Mark C. Burton sold 6,573 shares of the company’s stock in a transaction that occurred on Tuesday, November 14th. The stock was sold at an average price of $23.01, for a total value of $151,244.73. Following the transaction, the director now directly owns 6,573 shares of the company’s stock, valued at $151,244.73. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
Shares of Mulesoft Inc (NYSE MULE) opened at $23.03 on Monday. Mulesoft Inc has a 1 year low of $19.40 and a 1 year high of $29.00.
Mulesoft (NYSE:MULE) last released its quarterly earnings results on Thursday, October 26th. The company reported ($0.13) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.17) by $0.04. Mulesoft had a negative return on equity of 49.63% and a negative net margin of 25.84%. The business had revenue of $77.60 million for the quarter, compared to analysts’ expectations of $71.52 million. The business’s revenue for the quarter was up 57.1% on a year-over-year basis. equities research analysts predict that Mulesoft Inc will post -0.64 EPS for the current fiscal year.
Institutional investors have recently made changes to their positions in the company. Bank of New York Mellon Corp bought a new position in Mulesoft during the 1st quarter valued at $589,000. Principal Financial Group Inc. bought a new stake in shares of Mulesoft during the 1st quarter worth $1,108,000. FMR LLC purchased a new stake in shares of Mulesoft in the first quarter valued at $9,576,000. California Public Employees Retirement System purchased a new stake in shares of Mulesoft in the first quarter valued at $243,000. Finally, Morgan Stanley purchased a new stake in shares of Mulesoft in the first quarter valued at $12,477,000. Institutional investors and hedge funds own 23.19% of the company’s stock.
TRADEMARK VIOLATION WARNING: “Mark C. Burton Sells 6,573 Shares of Mulesoft Inc (NYSE:MULE) Stock” was originally reported by Week Herald and is the sole property of of Week Herald. If you are viewing this piece on another domain, it was copied illegally and republished in violation of US and international trademark & copyright laws. The correct version of this piece can be read at https://weekherald.com/2017/12/04/mulesoft-inc-mule-director-mark-c-burton-sells-6573-shares-of-stock.html.
MuleSoft, Inc is engaged in providing a software platform that connects a range of technologies. The Company enables organizations to manage and secure the flow of data between all systems in the enterprise. The Company offers organizations to create agile infrastructures. The Company has developed Anypoint Platform.
Receive News & Ratings for Mulesoft Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mulesoft Inc and related companies with MarketBeat.com's FREE daily email newsletter.