New insider activity at 8X8 ( (EGHT) ) has taken place on March 22, 2025.
Sylebra Capital LLC, a significant shareholder, has sold 100,000 shares of 8X8 stock, amounting to a transaction value of $223,000.
Recent Updates on EGHT stock
8×8, Inc. has announced a partnership with SpinSci Technologies to integrate its Contact Center with major Electronic Health Record (EHR) systems, aiming to enhance patient care through improved engagement and streamlined workflows. This collaboration is expected to provide healthcare organizations with efficient data management, personalized patient experiences, and regulatory compliance. The announcement has influenced market perceptions, with analysts focusing on 8×8’s strategic alignment and innovation amid ongoing transition challenges. Despite these positive developments, the company faces pressure on margins due to growth challenges and a competitive landscape, which has led to mixed analyst ratings. The partnership is seen as a strategic move to bolster 8×8’s position in the healthcare sector, potentially impacting future financial performance and stock evaluations.
More about 8X8
YTD Price Performance: -15.79%
Average Trading Volume: 963,874
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $292.4M