Blackbaud, Inc. (NASDAQ:BLKB) gets downgraded to Hold by Benchmark

Analyst Ratings For Blackbaud, Inc. (NASDAQ:BLKB)

Story continues below

Today, Blackbaud, Inc. (NASDAQ:BLKB) stock was downgraded by Benchmark from Buy to Hold.

There are 11 Hold Ratings, 1 Sell Ratings, 1 Buy Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on Blackbaud, Inc. (NASDAQ:BLKB) is Hold with a consensus target price of $104.8333 per share, a potential 16.47% upside.

Some recent analyst ratings include

  • 10/9/2018-Blackbaud, Inc. (NASDAQ:BLKB) gets downgraded to Hold by Benchmark
  • 10/9/2018-Blackbaud, Inc. (NASDAQ:BLKB) gets downgraded to Hold by Stifel Nicolaus
  • 10/9/2018-Blackbaud, Inc. (NASDAQ:BLKB) gets downgraded to Market Perform by JMP Securities
  • 10/9/2018-Blackbaud, Inc. (NASDAQ:BLKB) gets downgraded to Market Perform by Raymond James
  • 8/5/2018-Blackbaud, Inc. (NASDAQ:BLKB) had its Sell rating reiterated by Evercore ISI with a $100.00 price target
  • 7/31/2018-Blackbaud, Inc. (NASDAQ:BLKB) gets downgraded to Market Perform by William Blair
  • 7/23/2018-Blackbaud, Inc. (NASDAQ:BLKB) has coverage initiated with a Sector Weight ➝ Sector Weight rating


  • On 8/13/2018 George H Ellis, Director, sold 2,652 with an average share price of $96.16 per share and the total transaction amounting to $255,016.32.
  • On 8/10/2018 Andrew M Leitch, Director, sold 3,000 with an average share price of $95.72 per share and the total transaction amounting to $287,160.00.
  • On 6/14/2018 Jon W Olson, SVP, sold 2,000 with an average share price of $106.00 per share and the total transaction amounting to $212,000.00.
  • On 6/12/2018 Jon W Olson, SVP, sold 1,000 with an average share price of $105.00 per share and the total transaction amounting to $105,000.00.
  • On 6/12/2018 Kevin W Mooney, EVP, sold 9,669 with an average share price of $105.00 per share and the total transaction amounting to $1,015,245.00.
  • On 5/10/2018 Joyce Nelson, Director, sold 2,000 with an average share price of $101.75 per share and the total transaction amounting to $203,500.00.
  • On 2/28/2018 Jon W Olson, SVP, sold 1,500 with an average share price of $103.22 per share and the total transaction amounting to $154,830.00.

About Blackbaud, Inc. (NASDAQ:BLKB)
Blackbaud, Inc. provides cloud software solutions to nonprofits, foundations, corporations, education institutions, healthcare organizations, and other charitable giving entities primarily in the United States, Canada, the United Kingdom, and Australia. The company offers Raiser's Edge NXT and Blackbaud CRM (constituent relationship management), which are fundraising and relationship management solutions; Luminate CRM for campaign management, constituent relations, business intelligence, and analytics; eTapestry, a cloud fundraising and donor management solution; everydayhero, a cloud crowdfundraising solution; and JustGiving, a social platform for giving. It also provides solutions for Luminate Online that builds online fundraising campaigns; Blackbaud Online Express, a cloud fundraising and marketing tool; and Blackbaud NetCommunity, an online marketing and communications tool. In addition, the company offers Financial Edge NXT, a cloud accounting solution; GIFTS Online, a cloud solution; FIMS, a foundation management system; and Blackbaud Outcomes that empowers funders and nonprofits. Further, it provides onMessage, a content management system; onRecord, a new student information system; onCampus, a learning management system; onboard, an enrollment management system; Smart Tuition, a solution that helps administrative staff; Smart Aid, a proprietary hobbies, interest, and lifestyles profile; AcademicWorks, a scholarship management platform; and Altru, a cloud solution that helps arts and cultural organizations. Additionally, the company offers AngelPoints, an integrated corporate social responsibility solution; Blackbaud's Intelligence for Good, which combine artificial intelligence, analytics, big data, and expertise in cloud-based services and other channels; donor acquisition tools; prospect research engagements; and data enrichment and performance management solutions. Blackbaud, Inc. was founded in 1981 and is headquartered in Charleston, South Carolina.

Recent Trading Activity for Blackbaud, Inc. (NASDAQ:BLKB)
Shares of Blackbaud, Inc. closed the previous trading session at 90,01 −3,52 3,76 % with 93.79 shares trading hands.

An ad to help with our costs