Gary Little Sells 21,826 Shares of Mulesoft Inc (MULE) Stock

Mulesoft Inc (NYSE:MULE) Director Gary Little sold 21,826 shares of Mulesoft stock in a transaction on Wednesday, January 10th. The shares were sold at an average price of $24.21, for a total transaction of $528,407.46. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Gary Little also recently made the following trade(s):

  • On Monday, December 18th, Gary Little sold 21,585 shares of Mulesoft stock. The shares were sold at an average price of $22.45, for a total transaction of $484,583.25.
  • On Thursday, November 16th, Gary Little sold 21,238 shares of Mulesoft stock. The shares were sold at an average price of $22.01, for a total transaction of $467,448.38.

Shares of Mulesoft Inc (MULE) opened at $24.40 on Friday. Mulesoft Inc has a 1 year low of $19.40 and a 1 year high of $29.00.

Mulesoft (NYSE:MULE) last issued its earnings results on Thursday, October 26th. The company reported ($0.13) EPS for the quarter, topping the consensus estimate of ($0.17) by $0.04. The company had revenue of $77.60 million for the quarter, compared to analyst estimates of $71.52 million. Mulesoft had a negative net margin of 25.84% and a negative return on equity of 49.63%. The firm’s revenue was up 57.1% compared to the same quarter last year. equities research analysts predict that Mulesoft Inc will post -0.64 earnings per share for the current year.

A number of equities analysts recently weighed in on MULE shares. Goldman Sachs Group upgraded shares of Mulesoft from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $24.00 to $26.00 in a research report on Monday, October 9th. Zacks Investment Research lowered shares of Mulesoft from a “hold” rating to a “sell” rating in a research report on Saturday, November 4th. Canaccord Genuity upgraded shares of Mulesoft from a “hold” rating to a “buy” rating and lifted their price objective for the company from $24.00 to $29.00 in a research report on Monday, October 23rd. BidaskClub lowered shares of Mulesoft from a “hold” rating to a “sell” rating in a research report on Saturday, September 23rd. Finally, Piper Jaffray Companies reiterated a “buy” rating on shares of Mulesoft in a research report on Tuesday, October 24th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and eight have issued a buy rating to the company’s stock. Mulesoft has a consensus rating of “Hold” and a consensus target price of $28.00.

Hedge funds and other institutional investors have recently modified their holdings of the business. AO Asset Management LLC boosted its position in shares of Mulesoft by 2.0% during the 2nd quarter. AO Asset Management LLC now owns 5,100 shares of the company’s stock worth $127,000 after purchasing an additional 100 shares in the last quarter. Cubist Systematic Strategies LLC boosted its position in shares of Mulesoft by 10,031.0% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 10,131 shares of the company’s stock worth $253,000 after purchasing an additional 10,031 shares in the last quarter. The Manufacturers Life Insurance Company purchased a new stake in shares of Mulesoft during the 2nd quarter worth $293,000. Wells Fargo & Company MN boosted its position in shares of Mulesoft by 5,963.5% during the 2nd quarter. Wells Fargo & Company MN now owns 12,127 shares of the company’s stock worth $302,000 after purchasing an additional 11,927 shares in the last quarter. Finally, Virtu KCG Holdings LLC boosted its position in shares of Mulesoft by 18.7% during the 2nd quarter. Virtu KCG Holdings LLC now owns 12,782 shares of the company’s stock worth $319,000 after purchasing an additional 2,013 shares in the last quarter. Institutional investors own 23.19% of the company’s stock.

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About Mulesoft

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.

Insider Buying and Selling by Quarter for Mulesoft (NYSE:MULE)

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