Blackbaud Inc (BLKB) Files Form 4 Insider Selling : John J Mistretta Sells 3,922 Shares

Blackbaud Inc (BLKB): John J Mistretta , EVP of Human Resources of Blackbaud Inc sold 3,922 shares on May 31, 2016. The Insider selling transaction was reported by the company on Jun 2, 2016 to the Securities and Exchange Commission. The shares were sold at $62.10 per share for a total value of $243,556.20 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 27, 2016, George H Ellis (director) sold 1,300 shares at $61.44 per share price.On May 26, 2016, John J Mistretta (EVP of Human Resources) sold 3,797 shares at $61.59 per share price.Also, On May 4, 2016, Anthony W Boor (CFO & Exec VP of Fin. & Admin.) sold 14,968 shares at $62.18 per share price.On Feb 19, 2016, Peter J Kight (director) purchased 60,644 shares at $55.32 per share price.

Blackbaud: On Wednesday, Jun 1, 2016 heightened volatility was witnessed in Blackbaud which led to swings in the share price. The shares opened for trading at $62.74 and hit $63.33 on the upside , eventually ending the session at $63.26, with a gain of 0.94% or 0.59 points. The heightened volatility saw the trading volume jump to 2,03,141 shares. The 52-week high of the share price is $68.5099 and the company has a market cap of $3,005 M . The 52-week low of the share price is at $49.89.

Blackbaud Money Flow Index Chart

Company has been under the radar of several Street Analysts.Blackbaud is Initiated by Pacific Crest to Sector Weight. The Rating was issued on Mar 22, 2016.

Blackbaud Inc. is a global provider of software and services designed for the non-profit charitable giving and education communities. The Company operates in four segments: Enterprise Customer Business Unit (ECBU) General Markets Business Unit (GMBU) International Business Unit (IBU) and Target Analytics. The ECBU is focused on marketing sales delivery and support to large and/or strategic prospects and customers in North America. The GMBU is focused on marketing sales delivery and support to all emerging and mid-sized prospects and customers in North America. The IBU is focused on marketing sales delivery and support to all prospects and customers outside of North America. Target Analytics is focused on marketing sales and delivery of analytic services to all prospects and customers across the globe. It operates in four geographic regions: United States Canada Europe and Australia.

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