Insider Selling: 8x8, Inc. (NASDAQ:EGHT) Major Shareholder Sells 103,826 Shares of Stock
MarketBeat
8x8, Inc. (NASDAQ:EGHT - Get Free Report) major shareholder Sylebra Capital Llc sold 103,826 shares of the business's stock in a transaction that occurred on Thursday, June 12th. The stock was sold at an average price of $1.79, for a total transaction of $185,848.54. Following the transaction, the insider now owns 13,781,823 shares of the company's stock, valued at approximately $24,669,463.17. This trade represents a 0.75% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own at least 10% of a company's shares are required to disclose their sales and purchases with the SEC.
NASDAQ:EGHT