Slack (NASDAQ:WORK) CEO Sells $72,300.00 in Stock

Slack (NASDAQ:WORK) CEO Stewart Butterfield sold 2,500 shares of the company’s stock in a transaction that occurred on Thursday, September 5th. The shares were sold at an average price of $28.92, for a total value of $72,300.00.

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

  • 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 Tuesday, September 3rd, Stewart Butterfield sold 2,500 shares of Slack stock. The stock was 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 stock was 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 stock was 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 stock was 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 stock was 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 stock was 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 stock was sold at an average price of $30.52, for a total value of $76,300.00.
  • On Thursday, August 29th, Stewart Butterfield sold 2,500 shares of Slack stock. The stock was sold at an average price of $29.68, for a total value of $74,200.00.
  • On Monday, August 26th, Stewart Butterfield sold 2,500 shares of Slack stock. The stock was sold at an average price of $30.72, for a total value of $76,800.00.

Shares of WORK stock opened at $25.62 on Friday. Slack has a 12-month low of $23.93 and a 12-month high of $42.00. The business has a 50 day simple moving average of $30.37.



Slack (NASDAQ:WORK) last issued its quarterly earnings data on Monday, June 10th. The company reported ($0.26) earnings per share (EPS) for the quarter. The company had revenue of $134.82 million during the quarter.

Hedge funds have recently modified their holdings of the stock. Meadow Creek Investment Management LLC bought a new position in Slack in the 2nd quarter worth approximately $25,000. Sterling Investment Advisors Ltd. bought a new position in Slack in the 2nd quarter worth approximately $28,000. Neuburgh Advisers LLC bought a new position in Slack in the 2nd quarter worth approximately $35,000. Gables Capital Management Inc. bought a new position in Slack in the 2nd quarter worth approximately $38,000. Finally, Winslow Evans & Crocker Inc. bought a new position in Slack in the 2nd quarter worth approximately $38,000.

A number of brokerages have recently weighed in on WORK. William Blair began coverage on Slack in a research report on Monday, July 15th. They set an “outperform” rating on the stock. Oppenheimer began coverage on Slack in a research report on Tuesday, July 9th. They set a “market perform” rating and a $35.00 price target on the stock. Zacks Investment Research cut Slack from a “hold” rating to a “sell” rating in a research report on Friday, August 9th. Atlantic Securities began coverage on Slack in a research report on Wednesday, June 19th. They set an “overweight” rating and a $37.00 price target on the stock. Finally, Barclays dropped their price target on Slack from $45.00 to $44.00 and set an “overweight” rating on the stock in a research report on Thursday, September 5th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have issued a buy rating to the company. Slack presently has an average rating of “Hold” and an average price target of $37.47.

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

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