Press coverage about MINDBODY (NASDAQ:MB) has trended somewhat positive this week, according to Accern. The research firm ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. MINDBODY earned a media sentiment score of 0.07 on Accern’s scale. Accern also assigned headlines about the technology company an impact score of 44.0411012992442 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the news headlines that may have impacted Accern Sentiment’s rankings:
- MINDBODY, Inc. (MB) CEO Sells $566,761.05 in Stock (americanbankingnews.com)
- ETFs with exposure to MINDBODY, Inc. : November 30, 2017 (finance.yahoo.com)
- Teeter-tottering Stocks: Steven Madden, Ltd., (NASDAQ: SHOO), MINDBODY, Inc., (NASDAQ: MB), Black Knight, Inc … – Stocks In The News (press release) (tradingnewsnow.com)
- Insider Selling: MINDBODY, Inc. (MB) CFO Sells 10,000 Shares of Stock (americanbankingnews.com)
MINDBODY (NASDAQ:MB) opened at $30.60 on Thursday. The company has a quick ratio of 9.20, a current ratio of 9.20 and a debt-to-equity ratio of 0.06. MINDBODY has a 12-month low of $19.65 and a 12-month high of $36.25.
Several analysts have recently issued reports on MB shares. Jefferies Group initiated coverage on MINDBODY in a report on Thursday, August 24th. They set a “hold” rating and a $26.00 price target on the stock. KeyCorp reaffirmed a “hold” rating on shares of MINDBODY in a research report on Friday, August 25th. BidaskClub raised MINDBODY from a “hold” rating to a “buy” rating in a research report on Friday, September 8th. Craig Hallum reaffirmed a “buy” rating and issued a $30.00 price objective on shares of MINDBODY in a research report on Monday, September 25th. Finally, Zacks Investment Research raised MINDBODY from a “hold” rating to a “buy” rating and set a $29.00 price target on the stock in a research report on Wednesday, September 27th. Three analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $32.54.
In related news, insider Kunal Mittal sold 10,000 shares of the business’s stock in a transaction on Monday, November 27th. The stock was sold at an average price of $35.00, for a total value of $350,000.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Richard Lee Stollmeyer sold 17,739 shares of the business’s stock in a transaction on Monday, October 2nd. The shares were sold at an average price of $26.54, for a total value of $470,793.06. The disclosure for this sale can be found here. In the last quarter, insiders have purchased 955,594 shares of company stock worth $25,273,140 and have sold 178,717 shares worth $5,260,296. Company insiders own 8.22% of the company’s stock.
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.
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