New insider activity at 8X8 ( (EGHT) ) has taken place on March 18, 2025.
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CFO Kevin Kraus recently sold 13,250 shares of 8X8 stock, amounting to a total transaction value of $28,395.
Recent Updates on EGHT stock
8×8, Inc. has recently announced strategic partnerships with SpinSci Technologies and CallCabinet, aiming to enhance its offerings in the healthcare and compliance sectors. The partnership with SpinSci focuses on integrating 8×8’s Contact Center with leading Electronic Health Record systems to improve patient care and streamline healthcare workflows. Meanwhile, the collaboration with CallCabinet enhances compliance call recording capabilities, integrating with 8×8’s platform and Microsoft Teams. These developments are part of 8×8’s efforts to address growth challenges and competitive pressures, which have been impacting its margins. The company’s strategic realignments and financial management have been recognized by analysts, leading to a revised price target, reflecting optimism about its potential to navigate current market challenges and improve operational efficiency.
More about 8X8
YTD Price Performance: -19.55%
Average Trading Volume: 976,350
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $281.8M