Thursday, October 05, 2017 10:15 PM ET
Insider at MINDBODY (MB) Makes Significant purchase of Stock Extends the Trend of Last Quarter
One MINDBODY insider — Luxor Capital Group Lp, 10% Owner — today, acquired 341,079 shares having a market value of approximately $9,532,228, as disclosed in a form 4 document filed with the SEC. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the purchase of 531,493 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net purchases of 872,572 shares and have averaged 436,286 shares per transaction over this time period.
The number of buy-sell trades for MINDBODY is close to that of the 93 member peer company average. The Software peer group saw 165 buy/sell trades during this period for an average of 1.8 transactions per company. However, the number of shares per buy/sell trade transacted by MINDBODY insiders is higher. Within the peer group there were 1,284,871 shares purchased and 10,326,668 shares sold with company insiders disposing of 54,799 shares on average.
The data sourced in composing and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.
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