Mulesoft Inc (MULE) Stake Owned by Sylebra Hk Company Ltd
Sylebra Hk Company Ltd
disclosed that they own 6.1% of Mulesoft Inc (NYSE:MULE) in a Schedule 13G disclosure that was filed with the Securities and Exchange Commission on Thursday, February 15th. The investor owns 4,589,312 shares of the stock valued at $118,954,967. The reporting parties listed on the disclosure included Sylebra HK Company Limited, Sylebra Capital Management, Jeffrey Richard Fiele and Daniel Patrick Gibson. The disclosure is available through the SEC website at this link.
Several analysts recently commented on the stock. Canaccord Genuity upgraded shares of Mulesoft from a “hold” rating to a “buy” rating and raised their price target for the stock from $24.00 to $29.00 in a report on Monday, October 23rd. Oppenheimer upgraded shares of Mulesoft from a “market perform” rating to an “outperform” rating and set a $30.00 price target for the company in a report on Wednesday, November 29th. Nomura assumed coverage on shares of Mulesoft in a report on Tuesday, January 23rd. They set a “buy” rating and a $30.00 price target for the company. UBS Group upgraded shares of Mulesoft from a “market perform” rating to an “outperform” rating and set a $30.00 price target for the company in a report on Wednesday, November 29th. Finally, Zacks Investment Research cut shares of Mulesoft from a “hold” rating to a “sell” rating in a report on Saturday, November 4th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and nine have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $28.20.
Shares of Mulesoft Inc (NYSE:MULE) traded up $0.50 on Thursday, reaching $25.92. 432,590 shares of the company traded hands, compared to its average volume of 1,105,601. Mulesoft Inc has a 52-week low of $19.40 and a 52-week high of $29.00.
In related news, Director Gary Little sold 21,585 shares of the firm’s stock in a transaction that occurred on Monday, December 18th. The shares were sold at an average price of $22.45, for a total transaction of $484,583.25. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Mark C. Burton sold 6,573 shares of the firm’s stock in a transaction that occurred on Tuesday, November 21st. The shares were sold at an average price of $22.99, for a total transaction of $151,113.27. Following the transaction, the director now directly owns 6,573 shares in the company, valued at approximately $151,113.27. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 352,808 shares of company stock worth $8,103,624.
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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