Stewart Butterfield Sells 2,500 Shares of Slack (NASDAQ:WORK) Stock

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Slack (NASDAQ:WORK) CEO Stewart Butterfield sold 2,500 shares of the business’s stock in a transaction that occurred on Monday, July 15th. The stock was sold at an average price of $34.49, for a total transaction of $86,225.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

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

  • On Friday, July 12th, Stewart Butterfield sold 2,500 shares of Slack stock. The shares were sold at an average price of $33.95, for a total transaction of $84,875.00.
  • On Wednesday, July 10th, Stewart Butterfield sold 2,500 shares of Slack stock. The shares were sold at an average price of $35.38, for a total transaction of $88,450.00.
  • On Monday, July 8th, Stewart Butterfield sold 2,500 shares of Slack stock. The shares were sold at an average price of $35.11, for a total transaction of $87,775.00.
  • On Friday, July 5th, Stewart Butterfield sold 2,500 shares of Slack stock. The shares were sold at an average price of $35.70, for a total transaction of $89,250.00.
  • On Tuesday, July 2nd, Stewart Butterfield sold 113,763 shares of Slack stock. The shares were sold at an average price of $37.06, for a total transaction of $4,216,056.78.
  • On Friday, June 28th, Stewart Butterfield sold 2,500 shares of Slack stock. The shares were sold at an average price of $36.70, for a total transaction of $91,750.00.
  • On Wednesday, June 26th, Stewart Butterfield sold 2,500 shares of Slack stock. The shares were sold at an average price of $36.80, for a total transaction of $92,000.00.
  • On Monday, June 24th, Stewart Butterfield sold 2,500 shares of Slack stock. The shares were sold at an average price of $36.17, for a total transaction of $90,425.00.
  • On Friday, June 21st, Stewart Butterfield sold 1,360,909 shares of Slack stock. The shares were sold at an average price of $39.07, for a total transaction of $53,170,714.63.

Shares of NASDAQ:WORK opened at $32.00 on Friday. Slack has a 1-year low of $31.93 and a 1-year high of $42.00.

Several research analysts have recently issued reports on the stock. Goldman Sachs Group cut shares of Micro Focus International from a “neutral” rating to a “sell” rating in a report on Tuesday. Oppenheimer upped their target price on shares of Valeritas from $1.25 to $12.00 and gave the company an “outperform” rating in a report on Tuesday, July 9th. Credit Suisse Group cut shares of Kingfisher from an “outperform” rating to a “neutral” rating in a report on Tuesday. Citigroup cut shares of Lear from a “buy” rating to a “neutral” rating and lowered their target price for the company from $188.00 to $144.00 in a report on Wednesday. Finally, Stephens assumed coverage on shares of Slack in a report on Thursday, July 11th. They issued an “overweight” rating and a $43.00 target price for the company. Six analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Slack presently has an average rating of “Buy” and a consensus target price of $38.78.

See Also: What is a stock split?

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

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