Slack (NASDAQ:WORK) CEO Sells $64,000.00 in Stock

Slack (NASDAQ:WORK) CEO Stewart Butterfield sold 2,500 shares of the company’s stock in a transaction on Wednesday, September 11th. The shares were sold at an average price of $25.60, for a total value of $64,000.00.

Stewart Butterfield also recently made the following trade(s):

  • On Friday, September 13th, Stewart Butterfield sold 2,500 shares of Slack stock. The shares were sold at an average price of $25.05, for a total value of $62,625.00.
  • On Monday, September 9th, Stewart Butterfield sold 2,500 shares of Slack stock. The shares were sold at an average price of $25.11, for a total value of $62,775.00.
  • On Thursday, September 5th, Stewart Butterfield sold 2,500 shares of Slack stock. The shares were sold at an average price of $28.92, for a total value of $72,300.00.
  • On Tuesday, September 3rd, Stewart Butterfield sold 2,500 shares of Slack stock. The shares were sold at an average price of $28.41, for a total value of $71,025.00.
  • On Monday, July 29th, Stewart Butterfield sold 2,500 shares of Slack stock. The shares were sold at an average price of $33.18, for a total value of $82,950.00.
  • On Wednesday, July 31st, Stewart Butterfield sold 2,500 shares of Slack stock. The shares were sold at an average price of $33.26, for a total value of $83,150.00.
  • On Friday, August 2nd, Stewart Butterfield sold 2,500 shares of Slack stock. The shares were sold at an average price of $31.09, for a total value of $77,725.00.
  • On Friday, August 9th, Stewart Butterfield sold 2,500 shares of Slack stock. The shares were sold at an average price of $30.96, for a total value of $77,400.00.
  • On Friday, August 16th, Stewart Butterfield sold 2,500 shares of Slack stock. The shares were sold at an average price of $30.15, for a total value of $75,375.00.
  • On Tuesday, August 20th, Stewart Butterfield sold 2,500 shares of Slack stock. The shares were sold at an average price of $30.52, for a total value of $76,300.00.

Slack stock opened at $25.71 on Thursday. The business’s fifty day moving average is $29.35. Slack has a 52-week low of $23.93 and a 52-week high of $42.00.

A number of institutional investors have recently added to or reduced their stakes in WORK. Meadow Creek Investment Management LLC acquired a new position in Slack during the second quarter worth $25,000. Sterling Investment Advisors Ltd. acquired a new position in Slack during the second quarter worth $28,000. Neuburgh Advisers LLC acquired a new position in Slack during the second quarter worth $35,000. Griffin Asset Management Inc. acquired a new position in Slack during the second quarter worth $37,000. Finally, Gables Capital Management Inc. acquired a new stake in shares of Slack in the second quarter valued at $38,000.

A number of research analysts recently commented on the company. Goldman Sachs Group set a $34.00 target price on Slack and gave the company a “hold” rating in a research note on Thursday, September 5th. DA Davidson upped their target price on Slack to $31.00 and gave the company an “average” rating in a research note on Tuesday, June 11th. KeyCorp set a $44.00 target price on Slack and gave the company a “buy” rating in a research note on Wednesday, September 4th. Oppenheimer assumed coverage on Slack in a research note on Tuesday, July 9th. They issued a “market perform” rating and a $35.00 target price for the company. Finally, Stephens began coverage on Slack in a research note on Thursday, July 11th. They issued an “overweight” rating and a $43.00 target price for the company. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have issued a buy rating to the company’s stock. Slack presently has an average rating of “Hold” and a consensus price target of $36.75.

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Insider Buying and Selling by Quarter for Slack (NASDAQ:WORK)

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