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Insider Trends: Insider Adds to Selling Trend at Blackbaud

05/10/2021 14:11

05:55 PM EDT, 05/10/2021 (MT Newswires) -- On May 06, 2021, Jon W Olson, SVP & General Counsel, executed a sale of 2,208 shares in Blackbaud (BLKB) for $144,624. After the Form 4 filing with the SEC, Olson owns 55,099 shares of company stock, which have a market value of $3.69 million as of the prior-day closing price.

During the most recent 90-day period, previous to the date of this filing, there have been 25 insider transactions reported to the SEC for Blackbaud. These transactions came from the activities of 8 different insiders that resulted in a net disposition of 205,920 company shares. Relative to the preceding 90-day window of time, there are no insider transactions for the company.

This is below the average for insider transactions in the 118-company Software peer group over the last 90-day period. Activity in the peer group averaged 90.0 transactions per company, with company insiders acquiring on average 180,664 shares.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1280058/000120919121031361/xslF345X03/doc4.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.