Wednesday, February 14, 2018 10:15 PM ET
Significant Insider Buying Reverses neutral Trend over Last 90 Days in Shares of MINDBODY (MB)
One MINDBODY insider — Luxor Capital Group Lp, 10% Owner — today, purchased 43,000 shares having a market value of approximately $1,348,458, as disclosed in a form 4 document filed with the SEC. This is the first insider buy/sell trade in the past 90 days.
MINDBODY buy-sell trading activity is close to the 100 member peer company average. The Software peer group saw 138 buy/sell trades during this period for an average of 1.4 transactions per company. However, trading at MINDBODY represents a lower number of shares per transaction. Within the peer group there were 279,300 shares purchased and 16,928,797 shares sold with company insiders having sold 120,649 shares on average over this time period.
The data sourced in evaluating 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.
Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.
For more information, contact UpTick at firstname.lastname@example.org. Copyright 2018 UpTick Data Technologies. All rights reserved.