Analyst Downgrades – 8×8 (NASDAQ:EGHT) Stock Gets Downgraded By Craig Hallum from Buy to Hold

ME Staff
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Analyst Ratings For 8×8 (NASDAQ:EGHT)

Today, 8×8 (NASDAQ:EGHT) stock was downgraded by Craig Hallum from Buy to Hold.

There are 4 hold ratings, 6 buy ratings on the stock.

The current consensus rating on 8×8 (NASDAQ:EGHT) is Buy (Score: 2.60) with a consensus target price of $17.75 per share, a potential 19.93% upside.

Some recent analyst ratings include

  • 7/28/2017-Craig Hallum was Downgraded by analysts at Craig Hallum from a “Buy ” rating to a ” Hold” rating.
  • 7/24/2017-B. Riley Reiterated Rating of Neutral.
  • 5/1/2017-William Blair was Downgraded by analysts at William Blair from a “Outperform ” rating to a ” Market Perform” rating.
  • 4/11/2017-Morgan Stanley initiated coverage with a Equal rating.

Recent Insider Trading Activity For 8×8 (NASDAQ:EGHT)
8×8 (NASDAQ:EGHT) has insider ownership of 4.40% and institutional ownership of 67.91%.

  • On 2/10/2017 Bryan R Martin, Insider, sold 100,000 with an average share price of $15.61 per share and the total transaction amounting to $1,561,000.00. View SEC Filing
  • On 2/9/2017 Eric Salzman, Director, sold 25,000 with an average share price of $15.41 per share and the total transaction amounting to $385,250.00. View SEC Filing
  • On 5/24/2016 Bryan R Martin, CTO, sold 43,142 with an average share price of $12.45 per share and the total transaction amounting to $537,117.90. View SEC Filing
  • On 2/12/2016 Bryan R. Martin, CTO, sold 56,758 with an average share price of $10.81 per share and the total transaction amounting to $613,553.98. View SEC Filing
  • On 2/5/2016 Bryan R. Martin, CTO, sold 100 with an average share price of $12.27 per share and the total transaction amounting to $1,227.00. View SEC Filing
  • On 10/30/2014 Bryan R Martin, CTO, sold 50,000 with an average share price of $7.81 per share and the total transaction amounting to $390,500.00. View SEC Filing
  • On 5/27/2014 Vikram Verma, CEO, bought 38,000 with an average share price of $7.42 per share and the total transaction amounting to $281,960.00. View SEC Filing

Recent Trading Activity for 8×8 (NASDAQ:EGHT)
Shares of 8×8 closed the previous trading session at 14.80 0.00 0.00% with 1,222,630 shares trading hands.