Regis Management CO LLC bought a new position in Mulesoft Inc. (NYSE:MULE) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 16,406 shares of the company’s stock, valued at approximately $330,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. AO Asset Management LLC grew its holdings in shares of Mulesoft by 2.0% in the 2nd quarter. AO Asset Management LLC now owns 5,100 shares of the company’s stock worth $127,000 after acquiring an additional 100 shares during the last quarter. Strs Ohio grew its holdings in shares of Mulesoft by 88.0% in the 2nd quarter. Strs Ohio now owns 9,400 shares of the company’s stock worth $234,000 after acquiring an additional 4,400 shares during the last quarter. California Public Employees Retirement System acquired a new position in shares of Mulesoft in the 1st quarter worth $243,000. Cubist Systematic Strategies LLC grew its holdings in shares of Mulesoft by 10,031.0% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 10,131 shares of the company’s stock worth $253,000 after acquiring an additional 10,031 shares during the last quarter. Finally, KCG Holdings Inc. acquired a new position in shares of Mulesoft in the 1st quarter worth $262,000. Institutional investors and hedge funds own 13.86% of the company’s stock.

Shares of Mulesoft Inc. (NYSE MULE) traded up $0.49 during mid-day trading on Thursday, hitting $23.50. The stock had a trading volume of 1,716,200 shares, compared to its average volume of 888,364. Mulesoft Inc. has a twelve month low of $19.40 and a twelve month high of $29.00.

Mulesoft (NYSE:MULE) last issued its quarterly earnings results on Thursday, October 26th. The company reported ($0.13) earnings per share for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $71.52 million. The company’s quarterly revenue was up 57.1% compared to the same quarter last year. analysts expect that Mulesoft Inc. will post -0.64 EPS for the current fiscal year.

In other Mulesoft news, major shareholder Winblad Venture Partner Hummer sold 65,872 shares of the business’s stock in a transaction dated Thursday, November 2nd. The stock was sold at an average price of $23.52, for a total value of $1,549,309.44. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, major shareholder Ventures Fund I. L.P. Sapphire sold 1,100,000 shares of the business’s stock in a transaction dated Monday, October 9th. The shares were sold at an average price of $21.47, for a total value of $23,617,000.00. The disclosure for this sale can be found here. Insiders sold 1,597,127 shares of company stock worth $35,190,363 in the last 90 days.

A number of equities analysts recently issued reports on the company. Barclays PLC lifted their target price on Mulesoft from $24.00 to $28.00 and gave the stock an “equal weight” rating in a report on Friday, October 27th. Piper Jaffray Companies reiterated a “buy” rating on shares of Mulesoft in a report on Tuesday, October 24th. Zacks Investment Research downgraded Mulesoft from a “hold” rating to a “sell” rating in a report on Saturday, November 4th. BidaskClub downgraded Mulesoft from a “hold” rating to a “sell” rating in a report on Friday, November 10th. Finally, Canaccord Genuity upgraded Mulesoft from a “hold” rating to a “buy” rating and lifted their price target for the company from $24.00 to $29.00 in a report on Monday, October 23rd. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and five have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $27.29.

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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.

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Institutional Ownership by Quarter for Mulesoft (NYSE:MULE)

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