Cal Henderson Sells 1,500 Shares of Slack (NYSE:WORK) Stock

Slack (NYSE:WORK) CTO Cal Henderson sold 1,500 shares of Slack stock in a transaction dated Thursday, October 3rd. The stock was sold at an average price of $24.09, for a total value of $36,135.00.

Cal Henderson also recently made the following trade(s):

  • On Monday, September 30th, Cal Henderson sold 1,500 shares of Slack stock. The stock was sold at an average price of $23.24, for a total value of $34,860.00.
  • On Friday, September 27th, Cal Henderson sold 1,500 shares of Slack stock. The stock was sold at an average price of $21.98, for a total value of $32,970.00.
  • On Wednesday, September 25th, Cal Henderson sold 1,500 shares of Slack stock. The stock was sold at an average price of $22.26, for a total value of $33,390.00.
  • On Monday, September 23rd, Cal Henderson sold 1,500 shares of Slack stock. The stock was sold at an average price of $24.17, for a total value of $36,255.00.
  • On Friday, September 20th, Cal Henderson sold 1,500 shares of Slack stock. The stock was sold at an average price of $25.50, for a total value of $38,250.00.
  • On Wednesday, September 18th, Cal Henderson sold 1,500 shares of Slack stock. The stock was sold at an average price of $25.77, for a total value of $38,655.00.
  • On Monday, September 16th, Cal Henderson sold 1,500 shares of Slack stock. The stock was sold at an average price of $25.21, for a total value of $37,815.00.
  • On Friday, September 13th, Cal Henderson sold 1,500 shares of Slack stock. The stock was sold at an average price of $25.10, for a total value of $37,650.00.
  • On Wednesday, September 11th, Cal Henderson sold 1,500 shares of Slack stock. The stock was sold at an average price of $25.67, for a total value of $38,505.00.
  • On Monday, September 9th, Cal Henderson sold 1,500 shares of Slack stock. The stock was sold at an average price of $25.41, for a total value of $38,115.00.

Shares of Slack stock traded up $1.08 during trading hours on Monday, reaching $26.05. 7,723,614 shares of the stock traded hands, compared to its average volume of 7,906,382. The business’s 50 day moving average is $26.93. Slack has a one year low of $21.25 and a one year high of $42.00.



WORK has been the subject of several research analyst reports. Mizuho initiated coverage on Slack in a report on Thursday, September 12th. They issued a “neutral” rating and a $26.00 price objective for the company. Stephens initiated coverage on Slack in a report on Thursday, July 11th. They issued an “overweight” rating and a $43.00 price objective for the company. Sanford C. Bernstein initiated coverage on Slack in a report on Wednesday, August 14th. They issued a “market perform” rating and a $31.00 price objective for the company. DA Davidson lifted their price objective on Slack to $31.00 and gave the stock an “average” rating in a report on Tuesday, June 11th. Finally, William Blair initiated coverage on Slack in a report on Monday, July 15th. They issued an “outperform” rating for the company. Eight investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Slack has a consensus rating of “Buy” and a consensus price target of $36.24.

Several institutional investors have recently added to or reduced their stakes in WORK. Winslow Evans & Crocker Inc. bought a new stake in shares of Slack during the 2nd quarter valued at about $38,000. Commonwealth Equity Services LLC bought a new position in shares of Slack during the 2nd quarter valued at approximately $1,083,000. Bessemer Group Inc. bought a new position in shares of Slack during the 2nd quarter valued at approximately $1,358,000. SeaCrest Wealth Management LLC bought a new position in shares of Slack during the 2nd quarter valued at approximately $225,000. Finally, Flagship Harbor Advisors LLC bought a new position in shares of Slack during the 2nd quarter valued at approximately $41,000. Institutional investors and hedge funds own 19.35% of the company’s stock.

Slack Company Profile

Slack Technologies, Inc operates Slack, a business technology software platform in the United States and internationally. Its platform brings together people, applications, and data, as well as sells its offering under a software-as-a-service model. The company was formerly known as Tiny Speck, Inc and changed its name to Slack Technologies, Inc in 2014.

Further Reading: Understanding the Price to Earnings Ratio (PE)

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

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