Blackbaud Inc (BLKB): John J Mistretta , EVP of Human Resources of Blackbaud Inc sold 2,472 shares on Jul 1, 2016. The Insider selling transaction was reported by the company on Jul 5, 2016 to the Securities and Exchange Commission. The shares were sold at $67.88 per share for a total value of $167,799.36 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 6, 2016, Charles T Cumbaa (EVP Corp. & Prod. Strategy) sold 4,764 shares at $64.00 per share price.On Jun 2, 2016, John J Mistretta (EVP of Human Resources) sold 3,922 shares at $62.10 per share price.Also, On May 27, 2016, George H Ellis (director) sold 1,300 shares at $61.44 per share price.On May 4, 2016, Anthony W Boor (CFO & Exec VP of Fin. & Admin.) sold 14,968 shares at $62.18 per share price.
Shares of Blackbaud (BLKB) ended Friday, Jul 1, 2016 session in red amid volatile trading. The shares closed down -0.6 points or -0.88% at $67.3 with 1,82,785 shares getting traded. Post opening the session at $67.7, the shares hit an intraday low of $67.01 and an intraday high of $68.38 and the price vacillated in this range throughout the day. The company has a market cap of $3,197 M and the number of outstanding shares has been calculated to be 4,74,96,620 shares. The 52-week high of Blackbaud is $68.5099 and the 52-week low is $49.89.
Company has been under the radar of several Street Analysts.Blackbaud is Reiterated by Stifel to Buy and the brokerage firm has raised the Price Target to $ 73 from a previous price target of $70 .The Rating was issued on Jun 30, 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.