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Mimecast Ltd (MIME) CEO Peter Bauer Sold $2.2 million of Shares

CEO of Mimecast Ltd (30-Year Financial, Insider Trades) Peter Bauer (insider trades) sold 50,000 shares of MIME on 08/05/2019 at an average price of $43.58 a share. The total sale was $2.2 million.

Mimecast Limited is a software solutions provider. Its key business involves provision of a software platform to evade internet security issues such as malware and spam. Mimecast Ltd has a market cap of $2.65 billion; its shares were traded at around $42.89 with and P/S ratio of 7.66. GuruFocus has detected 3 severe warning signs with Mimecast Ltd. .

CEO Recent Trades:

  • CEO Peter Bauer sold 50,000 shares of MIME stock on 08/05/2019 at the average price of $43.58. The price of the stock has decreased by 1.58% since.
  • CEO Peter Bauer sold 18,750 shares of MIME stock on 07/22/2019 at the average price of $48.46. The price of the stock has decreased by 11.49% since.

Directors and Officers Recent Trades:

  • Director Neil Murray sold 35,000 shares of MIME stock on 07/19/2019 at the average price of $48.91. The price of the stock has decreased by 12.31% since.
  • COO Edward Vincent Jennings sold 11,000 shares of MIME stock on 07/11/2019 at the average price of $49.08. The price of the stock has decreased by 12.61% since.

For the complete insider trading history of MIME, click here

.This article first appeared on GuruFocus.