8X8 ($EGHT) posted quarterly earnings results on Tuesday, February 4th. The company reported earnings of $0.11 per share, beating estimates of $0.09 by $0.02. The company also reported revenue of $178,880,000, missing estimates of $182,846,444 by $-3,966,444.
You can see Quiver Quantitative's $EGHT stock page to track data on insider trading, hedge fund activity, congressional trading, and more.
8X8 Insider Trading Activity
8X8 insiders have traded $EGHT stock on the open market 17 times in the past 6 months. Of those trades, 0 have been purchases and 17 have been sales.
Here’s a breakdown of recent trading of $EGHT stock by insiders over the last 6 months:
- LAURENCE DENNY (Chief Legal Officer) has made 0 purchases and 3 sales selling 40,081 shares for an estimated $114,483.
- SAMUEL C. WILSON (Chief Executive Officer) sold 26,254 shares for an estimated $48,144
- KEVIN KRAUS (Chief Financial Officer) has made 0 purchases and 8 sales selling 14,401 shares for an estimated $29,148.
- HUNTER MIDDLETON (Chief Product Officer) has made 0 purchases and 2 sales selling 14,489 shares for an estimated $26,518.
- SUZY M SEANDEL (Chief Accounting Officer) has made 0 purchases and 2 sales selling 9,368 shares for an estimated $18,960.
- ANDREW F. BURTON sold 1,980 shares for an estimated $6,223
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
8X8 Hedge Fund Activity
We have seen 74 institutional investors add shares of 8X8 stock to their portfolio, and 69 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ARROWMARK COLORADO HOLDINGS LLC removed 1,441,633 shares (-10.9%) from their portfolio in Q3 2024, for an estimated $2,940,931
- FIRST EAGLE INVESTMENT MANAGEMENT, LLC removed 1,125,123 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $2,295,250
- B. RILEY FINANCIAL, INC. added 978,996 shares (+inf%) to their portfolio in Q3 2024, for an estimated $1,997,151
- BANK OF AMERICA CORP /DE/ added 922,100 shares (+35.2%) to their portfolio in Q3 2024, for an estimated $1,881,084
- VANGUARD GROUP INC added 795,032 shares (+6.6%) to their portfolio in Q3 2024, for an estimated $1,621,865
- IMPAX ASSET MANAGEMENT GROUP PLC removed 693,434 shares (-25.7%) from their portfolio in Q4 2024, for an estimated $1,851,468
- MORGAN STANLEY removed 672,373 shares (-34.3%) from their portfolio in Q3 2024, for an estimated $1,371,640
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
8X8 Government Contracts
We have seen $159,921 of award payments to $EGHT over the last year.
Here are some of the awards which we have have seen pay out the most over the last year:
- 8X8: $92,196
- VOIP SERVICES: $67,725
To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
