Mindbody, Inc. (MB) Files Form 4 Insider Selling : Robert John Murphy Sells 34,600 Shares

Mindbody, Inc. (MB): Robert John Murphy , director officer 10% owner (Chief Operating Offic of Mindbody, Inc. sold 34,600 shares on May 4, 2016. The Insider selling transaction was reported by the company on May 6, 2016 to the Securities and Exchange Commission. The shares were sold at $15.01 per share for a total value of $519,193.75 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 4, 2016, Chet Ian Brandenburg (Chief Product Officer) sold 4,500 shares at $13.42 per share price.On May 4, 2016, Richard Lee Stollmeyer (President & CEO) sold 16,320 shares at $13.45 per share price.Also, On Apr 5, 2016, Robert John Murphy (director officer 10% owner (Chief Operating Offic) sold 34,600 shares at $13.14 per share price.On Aug 13, 2015, Graham Smith (director) purchased 10,000 shares at $11.64 per share price.

MINDBODY Inc: On Wednesday, May 4, 2016 heightened volatility was witnessed in MINDBODY Inc which led to swings in the share price. The shares opened for trading at $13.7 and hit $15.5 on the upside , eventually ending the session at $15.29, with a gain of 19.92% or 2.54 points. The heightened volatility saw the trading volume jump to 5,70,822 shares. The 52-week high of the share price is $18.39 and the company has a market cap of $607 M . The 52-week low of the share price is at $9.14.

MINDBODY Inc Money Flow Index Chart

MINDBODY Inc. is a company that operates an online wellness services marketplace with over 42000 local business subscribers. Through its integrated cloud-based business management software and payments platform the Company enables businesses to manage class and appointment schedules staff members client information online bookings inventory payroll and retail sales. The Company also offers marketing and client retention capabilities to help businesses acquire and retain their clients and analytics capabilities to help them improve their businesses and plan for the future. It connects consumers with local businesses through its MINDBODY Connect platform which powers a mobile interface that allows consumers to discover evaluate book and pay for wellness services whether they are near their homes or traveling. Its Connect Workplace offering extends its platform to corporate employers. Its applications and add-ons include MINDBODY Express and Engage by MINDBODY Connect.

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