8x8 (EGHT) CEO Samuel Wilson Sells $71K of Stock

Samuel Wilson, the CEO of 8x8, Inc. (NasdaqGS:EGHT), sold 40,068 shares of the company on June 15, 2026. The shares were sold at an average price of $1.77 each, bringing the total transaction value to approximately $70,920. This transaction was not part of a pre-scheduled trading plan.

Other Institutional Activity in 8x8, Inc.

In recent moves among institutional investors, BlackRock, Inc. increased its stake in 8x8, Inc. by 671,375 shares, bringing its total holdings to 11,936,552 shares worth about $19.8 million. Meanwhile, Sylebra Capital LLC reduced its position by 2,589,874 shares, leaving it with 8,908,503 shares valued at roughly $14.8 million. Vanguard Portfolio Management LLC also added a significant number of shares, ending with 7,138,214 shares valued at approximately $11.8 million.

8x8, Inc. Stock Up 2.3%

Shares of 8x8, Inc. (NasdaqGS:EGHT) traded at $1.77 as of the latest update. The company has a market capitalization of $255.6 million and a P/E ratio of 181, indicating a high valuation relative to its earnings. The stock's 52-week range has been between $1.57 and $2.88, with a beta of 1.817, suggesting higher volatility compared to the market. The company maintains a current ratio of 1.088 and a debt-to-equity ratio of 253.01.

Recent Earnings

8x8, Inc. reported revenues of $735.8 million, reflecting a growth rate of 4.6%. The company achieved a net margin of 0.22% and a return on equity of 1.23%. The next earnings report is scheduled for August 4, 2026.

Insider Buying and Selling at 8x8, Inc.

In addition to Samuel Wilson's sale, several other executives sold shares on June 15, 2026. Kevin Kraus, the CFO, sold 17,854 shares; Hunter Middleton, the Chief Product Officer, sold 16,112 shares; and Laurence Denny, the Chief Legal Officer, sold 7,747 shares. All these transactions were at $1.77 per share and were not part of planned sales.

Analysts Set New Price Targets

On May 20, 2026, Rosenblatt maintained its buy rating for 8x8, Inc., setting a price target of $3.00. The consensus among analysts is a target mean price of $2.48, based on four analyst opinions.

About 8x8, Inc.

8x8, Inc. is a technology company based in Campbell, California. It provides a variety of communication services, including voice, video, chat, and API solutions. The company's offerings are designed to enhance collaboration and business continuity for small businesses, mid-market, and enterprise customers globally. Under the leadership of CEO Samuel Wilson, 8x8 employs around 1,819 people.

Bottom Line

Insider sales like those by CEO Samuel Wilson can be noteworthy, but they don't necessarily indicate a negative outlook. Investors often track such moves for insights, but it's important to remember that 13F filings and insider transactions are backward-looking. They may not reflect the current or future position of the company.