$-0.10 EPS Expected for 8×8, Inc. (EGHT)

June 28, 2018 - By Marguerite Chambers

8x8, Inc. (NYSE:EGHT) LogoInvestors sentiment increased to 1.27 in Q1 2018. Its up 0.36, from 0.91 in 2017Q4. It increased, as 21 investors sold 8×8, Inc. shares while 38 reduced holdings. 27 funds opened positions while 48 raised stakes. 61.38 million shares or 1.14% more from 60.69 million shares in 2017Q4 were reported.
Point72 Asset Management Ltd Partnership accumulated 2.32M shares. Juncture Wealth Strategies Ltd Liability Company, Arizona-based fund reported 56,905 shares. Teachers Retirement Systems Of The State Of Kentucky invested in 24,198 shares or 0.01% of the stock. Barclays Public Limited has invested 0% in 8×8, Inc. (NYSE:EGHT). Moreover, Strs Ohio has 0% invested in 8×8, Inc. (NYSE:EGHT). Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% of its portfolio in 8×8, Inc. (NYSE:EGHT) for 4,026 shares. Sg Americas Secs Ltd owns 12,527 shares. Gemmer Asset Ltd Liability Company holds 0% in 8×8, Inc. (NYSE:EGHT) or 294 shares. California State Teachers Retirement System invested in 136,323 shares or 0.01% of the stock. The Kansas-based Kornitzer Cap Mngmt Inc Ks has invested 0.51% in 8×8, Inc. (NYSE:EGHT). Piedmont Invest Advsr Ltd, a North Carolina-based fund reported 19,699 shares. Public Employees Retirement Association Of Colorado invested in 0% or 4,154 shares. Fmr Limited Liability Co has invested 0% in 8×8, Inc. (NYSE:EGHT). 1.02 million were accumulated by Ubs Asset Mgmt Americas Inc. Invesco Limited, Georgia-based fund reported 384,357 shares.

Since January 30, 2018, it had 1 buying transaction, and 3 insider sales for $1.98 million activity. The insider Hakeman Darren J. sold $147,760. Verma Vikram also bought $140,217 worth of 8×8, Inc. (NYSE:EGHT) on Wednesday, May 30. Shares for $1.79 million were sold by MARTIN BRYAN R on Tuesday, January 30.

Analysts expect 8×8, Inc. (NYSE:EGHT) to report $-0.10 EPS on July, 26.They anticipate $0.09 EPS change or 900.00 % from last quarter’s $-0.01 EPS. After having $-0.11 EPS previously, 8×8, Inc.’s analysts see -9.09 % EPS growth. The stock decreased 0.26% or $0.05 during the last trading session, reaching $19.3. About 89,235 shares traded. 8×8, Inc. (NYSE:EGHT) has risen 41.06% since June 28, 2017 and is uptrending. It has outperformed by 28.49% the S&P500.

8×8, Inc. provides cloud-based, enterprise-class software solutions for small and medium businesses, mid-market, and distributed enterprises worldwide. The company has market cap of $1.80 billion. The firm operates in two divisions, Americas and Europe. It currently has negative earnings. The companyÂ’s pure-cloud offering combines voice, conferencing, messaging, and video with integrated workflows and big data analytics on a single platform.

Another recent and important 8×8, Inc. (NYSE:EGHT) news was published by Globenewswire.com which published an article titled: “Research Report Identifies LegacyTexas Financial Group, Cracker Barrel Old Country Store, BP Prudhoe Bay Royalty …” on June 21, 2018.

8x8, Inc. (NYSE:EGHT) Institutional Positions Chart

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