MINDBODY Inc (NASDAQ:MB) insider Kimberly Gail Lytikainen sold 36,868 shares of the business’s stock in a transaction that occurred on Thursday, December 7th. The stock was sold at an average price of $30.11, for a total value of $1,110,095.48. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Kimberly Gail Lytikainen also recently made the following trade(s):

  • On Wednesday, October 25th, Kimberly Gail Lytikainen sold 50,000 shares of MINDBODY stock. The stock was sold at an average price of $28.39, for a total value of $1,419,500.00.
  • On Monday, October 9th, Kimberly Gail Lytikainen sold 30,500 shares of MINDBODY stock. The stock was sold at an average price of $27.99, for a total value of $853,695.00.

Shares of MINDBODY Inc (NASDAQ MB) opened at $31.30 on Thursday. The company has a current ratio of 9.20, a quick ratio of 9.20 and a debt-to-equity ratio of 0.06. MINDBODY Inc has a 12 month low of $19.95 and a 12 month high of $36.25.

MINDBODY (NASDAQ:MB) last issued its quarterly earnings results on Thursday, October 26th. The technology company reported $0.01 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.04) by $0.05. The business had revenue of $46.60 million during the quarter, compared to analysts’ expectations of $45.59 million. MINDBODY had a negative return on equity of 8.39% and a negative net margin of 9.26%. The firm’s revenue for the quarter was up 32.0% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.09) earnings per share. equities research analysts predict that MINDBODY Inc will post -0.31 EPS for the current fiscal year.

MB has been the subject of a number of research analyst reports. Zacks Investment Research cut MINDBODY from a “buy” rating to a “hold” rating in a report on Wednesday, November 1st. KeyCorp reiterated a “buy” rating and issued a $32.00 price target on shares of MINDBODY in a research note on Sunday, October 22nd. DA Davidson started coverage on MINDBODY in a research note on Wednesday, November 15th. They issued a “buy” rating and a $42.00 price target for the company. Craig Hallum reiterated a “buy” rating and issued a $30.00 price target on shares of MINDBODY in a research note on Monday, September 25th. Finally, Jefferies Group started coverage on MINDBODY in a research note on Thursday, August 24th. They issued a “hold” rating and a $26.00 price target for the company. Three equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. MINDBODY currently has a consensus rating of “Buy” and an average price target of $32.54.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Parallel Advisors LLC lifted its stake in MINDBODY by 0.3% during the second quarter. Parallel Advisors LLC now owns 14,920 shares of the technology company’s stock worth $387,000 after purchasing an additional 45 shares during the last quarter. Legal & General Group Plc lifted its stake in MINDBODY by 4.1% during the first quarter. Legal & General Group Plc now owns 4,218 shares of the technology company’s stock worth $116,000 after purchasing an additional 166 shares during the last quarter. Oppenheimer Asset Management Inc. lifted its stake in MINDBODY by 49.8% during the second quarter. Oppenheimer Asset Management Inc. now owns 5,046 shares of the technology company’s stock worth $137,000 after purchasing an additional 1,678 shares during the last quarter. Bank of America Corp DE lifted its stake in MINDBODY by 5.2% during the first quarter. Bank of America Corp DE now owns 35,657 shares of the technology company’s stock worth $979,000 after purchasing an additional 1,762 shares during the last quarter. Finally, Nationwide Fund Advisors increased its holdings in shares of MINDBODY by 8.7% during the third quarter. Nationwide Fund Advisors now owns 22,669 shares of the technology company’s stock worth $586,000 after buying an additional 1,814 shares in the last quarter. Hedge funds and other institutional investors own 90.16% of the company’s stock.

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About MINDBODY

MINDBODY, Inc is a provider of cloud-based business management software for the wellness services industry and operates as a consumer marketplace with local business subscribers on its platform. The Company’s subscribers provide a range of wellness services to active consumers. Its integrated software and payments platform helps business owners in the wellness services industry run, market and build their businesses.

Insider Buying and Selling by Quarter for MINDBODY (NASDAQ:MB)

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