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 other institutional investors and hedge funds have also recently made changes to their positions in MULE. Macquarie Group Ltd. boosted its holdings in shares of Mulesoft by 350.0% during the fourth quarter. Macquarie Group Ltd. now owns 5,400 shares of the company’s stock worth $126,000 after purchasing an additional 4,200 shares during the period. Bank of Montreal Can boosted its holdings in shares of Mulesoft by 71,250.0% during the fourth quarter. Bank of Montreal Can now owns 5,708 shares of the company’s stock worth $133,000 after purchasing an additional 5,700 shares during the period. Gilder Gagnon Howe & Co. LLC boosted its holdings in shares of Mulesoft by 852.0% during the fourth quarter. Gilder Gagnon Howe & Co. LLC now owns 9,682 shares of the company’s stock worth $225,000 after purchasing an additional 8,665 shares during the period. Cubist Systematic Strategies LLC boosted its holdings in shares of Mulesoft by 10,031.0% during the second quarter. Cubist Systematic Strategies LLC now owns 10,131 shares of the company’s stock worth $253,000 after purchasing an additional 10,031 shares during the period. Finally, Quadrature Capital Ltd acquired a new stake in shares of Mulesoft during the fourth quarter worth approximately $271,000. Institutional investors own 24.45% of the company’s stock.

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.

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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.

Institutional Ownership by Quarter for Mulesoft (NYSE:MULE)

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