Slack (NASDAQ:WORK) CEO Sells $84,925.00 in Stock

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Slack (NASDAQ:WORK) CEO Stewart Butterfield sold 2,500 shares of Slack stock in a transaction on Wednesday, July 17th. The shares were sold at an average price of $33.97, for a total transaction of $84,925.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

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

  • On Monday, July 15th, Stewart Butterfield sold 2,500 shares of Slack stock. The shares were sold at an average price of $34.49, for a total transaction of $86,225.00.
  • 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.

NASDAQ:WORK opened at $31.30 on Monday. Slack has a one year low of $31.22 and a one year high of $42.00.

WORK has been the subject of several research analyst reports. Stephens initiated coverage on shares of Slack in a research note on Thursday, July 11th. They issued an “overweight” rating and a $43.00 price target for the company. Atlantic Securities initiated coverage on shares of Slack in a research report on Wednesday, June 19th. They set an “overweight” rating and a $37.00 target price for the company. Robert W. Baird initiated coverage on shares of Slack in a research report on Tuesday, June 25th. They set an “outperform” rating and a $44.00 target price for the company. William Blair reissued a “buy” rating on shares of Albireo Pharma in a research report on Monday, July 15th. Finally, Morgan Stanley decreased their target price on shares of Neon Therapeutics from $19.00 to $13.00 and set an “overweight” rating for the company in a research report on Tuesday, July 16th. Six equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $38.78.

Several large investors have recently bought and sold shares of WORK. Winslow Evans & Crocker Inc. bought a new stake in shares of Slack during the second quarter worth about $38,000. SeaCrest Wealth Management LLC bought a new stake in shares of Slack during the second quarter worth about $225,000. Commonwealth Equity Services LLC bought a new stake in shares of Slack during the second quarter worth about $1,083,000. Finally, Bessemer Group Inc. bought a new stake in shares of Slack during the second quarter worth about $1,358,000.

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