MINDBODY Inc (NASDAQ:MB) insider Kimberly Gail Lytikainen sold 36,868 shares of the stock in a transaction 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 transaction was disclosed in a document filed with the SEC, which is available through this link.

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 shares were 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 shares were sold at an average price of $27.99, for a total value of $853,695.00.

Shares of MINDBODY Inc (MB) traded up $0.50 during mid-day trading on Monday, hitting $30.65. The stock had a trading volume of 479,300 shares, compared to its average volume of 434,139. MINDBODY Inc has a 12-month low of $19.65 and a 12-month high of $36.25. 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 (NASDAQ:MB) last announced its quarterly earnings results on Thursday, October 26th. The technology company reported $0.01 EPS for the quarter, beating the Zacks’ consensus estimate of ($0.04) by $0.05. MINDBODY had a negative return on equity of 8.39% and a negative net margin of 9.26%. The firm had revenue of $46.60 million for the quarter, compared to analyst estimates of $45.59 million. During the same period last year, the firm posted ($0.09) earnings per share. The business’s revenue for the quarter was up 32.0% on a year-over-year basis. equities analysts predict that MINDBODY Inc will post -0.31 EPS for the current year.

Hedge funds have recently made changes to their positions in the company. BNP Paribas Arbitrage SA boosted its stake in shares of MINDBODY by 2,171.3% during the second quarter. BNP Paribas Arbitrage SA now owns 4,111 shares of the technology company’s stock valued at $112,000 after purchasing an additional 3,930 shares in the last quarter. Legal & General Group Plc raised its position in shares of 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 acquiring an additional 166 shares during the last quarter. Oppenheimer Asset Management Inc. raised its position in shares of 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 acquiring an additional 1,678 shares during the last quarter. Quantbot Technologies LP raised its position in shares of MINDBODY by 75.5% during the second quarter. Quantbot Technologies LP now owns 6,902 shares of the technology company’s stock worth $187,000 after acquiring an additional 2,970 shares during the last quarter. Finally, Credit Suisse AG bought a new position in shares of MINDBODY during the first quarter worth about $220,000. 90.16% of the stock is currently owned by hedge funds and other institutional investors.

MB has been the topic of several research analyst reports. KeyCorp reaffirmed a “buy” rating and issued a $32.00 price objective on shares of MINDBODY in a research note on Sunday, October 22nd. Roth Capital reaffirmed a “buy” rating and issued a $31.50 price objective on shares of MINDBODY in a research note on Thursday, September 28th. Zacks Investment Research raised MINDBODY from a “hold” rating to a “buy” rating and set a $29.00 price objective on the stock in a research note on Wednesday, September 27th. BidaskClub raised MINDBODY from a “hold” rating to a “buy” rating in a research note on Tuesday, September 26th. Finally, Craig Hallum reaffirmed a “buy” rating and issued a $30.00 price objective on shares of MINDBODY in a research note on Monday, September 25th. Three research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. MINDBODY has a consensus rating of “Buy” and a consensus target price of $32.54.

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MINDBODY Company Profile

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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