Analyst Upgrades – 8X8 (NASDAQ:EGHT) Stock Gets Upgraded By Morgan Stanley from Equal Weight to Overweight

ME Staff

January 17, 2018

Analyst Ratings For 8X8 (NASDAQ:EGHT)

Today, 8X8 (NASDAQ:EGHT) stock received an upgrade by Morgan Stanley from Equal Weight to Overweight with a price target of $19.00.

Some recent analyst ratings include

1/17/2018-Morgan Stanley Upgrade from a “Equal Weight ” rating to a ” Overweight” rating.
11/17/2017-William Blair Reiterated Rating of Hold.
11/17/2017-Robert W. Baird Reiterated Rating of Buy.
10/27/2017-Summit Redstone was Downgraded by analysts at Summit Redstone from a “Buy ” rating to a ” Hold” rating.
10/24/2017-B. Riley Reiterated Rating of Hold.
7/28/2017-Craig Hallum was Downgraded by analysts at Craig Hallum from a “Buy ” rating to a ” Hold” rating. They now have a $15.00 price target on the stock, up previously from $19.00 .

Recent Insider Trading Activity For 8X8 (NASDAQ:EGHT)
8X8 (NASDAQ:EGHT) has insider ownership of 4.40% and institutional ownership of 71.56%.

On 8/1/2017 Mary Ellen P Genovese, CFO, bought 11,625 with an average share price of $12.78 per share and the total transaction amounting to $148,567.50.
On 8/1/2017 Vikram Verma, CEO, bought 11,700 with an average share price of $12.80 per share and the total transaction amounting to $149,760.00.
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.
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.
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.
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.
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.

Recent Trading Activity for 8X8 (NASDAQ:EGHT)
Shares of 8X8 closed the previous trading session at with 134729 shares trading hands.