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

Slack (NYSE:WORK) CTO Cal Henderson sold 1,500 shares of the company’s stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $21.51, for a total transaction of $32,265.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

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

  • On Monday, November 18th, Cal Henderson sold 1,500 shares of Slack stock. The stock was sold at an average price of $23.09, for a total transaction of $34,635.00.
  • On Thursday, November 14th, Cal Henderson sold 1,500 shares of Slack stock. The stock was sold at an average price of $21.32, for a total transaction of $31,980.00.
  • On Tuesday, November 12th, Cal Henderson sold 1,500 shares of Slack stock. The stock was sold at an average price of $20.05, for a total transaction of $30,075.00.
  • On Wednesday, November 6th, Cal Henderson sold 1,500 shares of Slack stock. The stock was sold at an average price of $20.50, for a total transaction of $30,750.00.
  • On Friday, November 1st, Cal Henderson sold 14,809 shares of Slack stock. The stock was sold at an average price of $20.75, for a total transaction of $307,286.75.
  • On Wednesday, October 30th, Cal Henderson sold 1,500 shares of Slack stock. The stock was sold at an average price of $21.95, for a total transaction of $32,925.00.
  • On Monday, October 28th, Cal Henderson sold 1,500 shares of Slack stock. The stock was sold at an average price of $22.00, for a total transaction of $33,000.00.
  • On Friday, October 25th, Cal Henderson sold 1,500 shares of Slack stock. The stock was sold at an average price of $23.04, for a total transaction of $34,560.00.
  • On Wednesday, October 23rd, Cal Henderson sold 1,500 shares of Slack stock. The stock was sold at an average price of $21.21, for a total transaction of $31,815.00.
  • On Monday, October 21st, Cal Henderson sold 1,500 shares of Slack stock. The stock was sold at an average price of $21.12, for a total transaction of $31,680.00.

NYSE:WORK opened at $21.17 on Monday. The stock’s 50-day simple moving average is $22.49. Slack has a 52 week low of $19.53 and a 52 week high of $42.00.

Slack (NYSE:WORK) last released its quarterly earnings data on Wednesday, September 4th. The company reported ($0.98) EPS for the quarter, topping analysts’ consensus estimates of ($1.03) by $0.05. The business had revenue of $144.97 million for the quarter, compared to the consensus estimate of $140.60 million. On average, research analysts anticipate that Slack will post -0.43 earnings per share for the current fiscal year.

Several analysts recently issued reports on WORK shares. William Blair reaffirmed a “buy” rating on shares of Slack in a report on Wednesday, November 20th. Barclays reissued a “buy” rating and issued a $31.00 price target on shares of Slack in a report on Sunday, November 3rd. Piper Jaffray Companies assumed coverage on shares of Slack in a report on Monday, October 28th. They issued an “overweight” rating and a $30.00 price target for the company. Goldman Sachs Group set a $34.00 price target on shares of Slack and gave the company a “hold” rating in a report on Thursday, September 5th. Finally, Mizuho increased their price target on shares of Slack from $20.00 to $24.00 and gave the company a “neutral” rating in a report on Thursday, November 7th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eleven have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $32.63.

Large investors have recently added to or reduced their stakes in the company. Meadow Creek Investment Management LLC bought a new position in shares of Slack during the 2nd quarter worth about $25,000. Sterling Investment Advisors Ltd. acquired a new stake in shares of Slack during the 2nd quarter worth about $28,000. Neuburgh Advisers LLC acquired a new stake in shares of Slack during the 2nd quarter worth about $35,000. Gables Capital Management Inc. acquired a new stake in shares of Slack during the 2nd quarter worth about $38,000. Finally, Winslow Evans & Crocker Inc. acquired a new stake in shares of Slack during the 2nd quarter worth about $38,000. 20.01% of the stock is owned by institutional investors.

About Slack

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: 52-Week Highs and Lows

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

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