Mark C. Burton Sells 6,573 Shares of Mulesoft Inc (MULE) Stock
Mulesoft Inc (NYSE:MULE) Director Mark C. Burton sold 6,573 shares of the firm’s stock in a transaction dated Wednesday, February 28th. The shares were sold at an average price of $31.08, for a total value of $204,288.84. Following the transaction, the director now directly owns 6,573 shares in the company, valued at $204,288.84. The sale was disclosed in a document filed with the SEC, which is available at this link.
Mulesoft Inc (MULE) opened at $32.06 on Friday. Mulesoft Inc has a 1 year low of $19.40 and a 1 year high of $32.38. The stock has a market capitalization of $4,170.00 and a P/E ratio of -39.58.
Mulesoft (NYSE:MULE) last posted its quarterly earnings results on Thursday, February 15th. The company reported ($0.12) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.19) by $0.07. Mulesoft had a negative return on equity of 32.10% and a negative net margin of 26.98%. The business had revenue of $88.70 million for the quarter, compared to analyst estimates of $83.56 million. During the same period last year, the company earned ($0.10) EPS. Mulesoft’s revenue for the quarter was up 60.1% compared to the same quarter last year. equities analysts forecast that Mulesoft Inc will post -0.63 EPS for the current year.
Institutional investors and hedge funds have recently bought and sold shares of the stock. Whale Rock Capital Management LLC bought a new position in Mulesoft during the 3rd quarter worth approximately $1,963,000. New York State Common Retirement Fund grew its position in shares of Mulesoft by 14.6% in the 3rd quarter. New York State Common Retirement Fund now owns 33,882 shares of the company’s stock worth $682,000 after buying an additional 4,320 shares during the last quarter. American International Group Inc. grew its position in shares of Mulesoft by 73.1% in the 3rd quarter. American International Group Inc. now owns 16,220 shares of the company’s stock worth $327,000 after buying an additional 6,849 shares during the last quarter. Nicholas Investment Partners LP grew its position in shares of Mulesoft by 36.0% in the 3rd quarter. Nicholas Investment Partners LP now owns 201,222 shares of the company’s stock worth $4,053,000 after buying an additional 53,305 shares during the last quarter. Finally, California State Teachers Retirement System grew its position in shares of Mulesoft by 44.5% in the 3rd quarter. California State Teachers Retirement System now owns 38,736 shares of the company’s stock worth $780,000 after buying an additional 11,936 shares during the last quarter. Institutional investors and hedge funds own 24.49% of the company’s stock.
Mulesoft Company Profile
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 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mulesoft and related companies with MarketBeat.com's FREE daily email newsletter.