Sylebra Hk Company LTD Stake In 8X8 INC New (EGHT) Was Has Increased

8x8, Inc. (NYSE:EGHT) LogoInvestors sentiment decreased to 1.29 in 2019 Q2. Its down 0.02, from 1.31 in 2019Q1. It is negative, as 14 investors sold EGHT shares while 42 reduced holdings. 20 funds opened positions while 52 raised stakes. 85.05 million shares or 7.08% more from 79.42 million shares in 2019Q1 were reported. Ameriprise Fincl Incorporated holds 0.01% or 528,648 shares. 2.80M were accumulated by State Street Corporation. Moreover, California Public Employees Retirement Sys has 0% invested in 8×8, Inc. (NYSE:EGHT) for 150,672 shares. Grandeur Peak Glob Advisors Ltd Liability Com reported 0.13% stake. Fmr Ltd Limited Liability Company reported 292,884 shares or 0% of all its holdings. Alliancebernstein Limited Partnership owns 179,946 shares or 0% of their US portfolio. The Ohio-based Fort Washington Advsrs Oh has invested 0.16% in 8×8, Inc. (NYSE:EGHT). Alyeska Inv Group Limited Partnership owns 125,279 shares for 0.04% of their portfolio. California State Teachers Retirement System holds 0.01% of its portfolio in 8×8, Inc. (NYSE:EGHT) for 144,345 shares. Moreover, Quantitative Inv Mgmt Ltd Co has 0.05% invested in 8×8, Inc. (NYSE:EGHT) for 55,756 shares. Balyasny Asset Ltd Limited Liability Company owns 410,297 shares or 0.06% of their US portfolio. Davenport Lc has invested 0.02% in 8×8, Inc. (NYSE:EGHT). Strs Ohio accumulated 0% or 2,800 shares. Arizona State Retirement Systems reported 0.04% of its portfolio in 8×8, Inc. (NYSE:EGHT). Westfield Cap Management Limited Partnership owns 998,091 shares for 0.18% of their portfolio.

Since August 2, 2019, it had 2 insider buys, and 0 sales for $172,277 activity.

Sylebra Hk Company Ltd increased its stake in 8X8 Inc New (EGHT) by 2849.56% based on its latest 2019Q2 regulatory filing with the SEC. Sylebra Hk Company Ltd bought 4.09 million shares as the company’s stock rose 3.25% . The institutional investor held 4.24M shares of the telecommunications equipment company at the end of 2019Q2, valued at $102.15 million, up from 143,701 at the end of the previous reported quarter. Sylebra Hk Company Ltd who had been investing in 8X8 Inc New for a number of months, seems to be bullish on the $2.22 billion market cap company. The stock decreased 2.19% or $0.5 during the last trading session, reaching $22.38. About 1.01 million shares traded. 8×8, Inc. (NASDAQ:EGHT) has risen 21.76% since September 13, 2018 and is uptrending. It has outperformed by 21.76% the S&P500.

Sylebra Hk Company Ltd, which manages about $2.16B US Long portfolio, decreased its stake in Wix Com Ltd (NASDAQ:WIX) by 380,418 shares to 781,088 shares, valued at $110.99 million in 2019Q2, according to the filing.

More notable recent 8×8, Inc. (NYSE:EGHT) news were published by: Finance.Yahoo.com which released: “What Kind Of Shareholders Own 8×8, Inc. (NYSE:EGHT)? – Yahoo Finance” on June 08, 2019, also Seekingalpha.com with their article: “Comms firm 8×8 -9.3% with B. Riley skeptical into earnings – Seeking Alpha” published on January 28, 2019, Seekingalpha.com published: “Spending outlook for 8×8 worries analysts; shares -3.5% – Seeking Alpha” on May 15, 2019. More interesting news about 8×8, Inc. (NYSE:EGHT) were released by: Businesswire.com and their article: “8×8, Inc. to Participate in Upcoming Investor Conferences – Business Wire” published on August 27, 2019 as well as Finance.Yahoo.com‘s news article titled: “Glancy Prongay & Murray LLP Announces Investigation on Behalf of 8×8, Inc. Investors (EGHT) – Yahoo Finance” with publication date: August 06, 2019.

8×8, Inc. (NYSE:EGHT) Ratings Coverage

Among 4 analysts covering 8X8 (NASDAQ:EGHT), 1 have Buy rating, 1 Sell and 2 Hold. Therefore 25% are positive. 8X8 has $2800 highest and $18.5000 lowest target. $25.38’s average target is 13.40% above currents $22.38 stock price. 8X8 had 8 analyst reports since March 25, 2019 according to SRatingsIntel. The rating was downgraded by Rosenblatt to “Neutral” on Wednesday, July 24. The firm has “Neutral” rating given on Wednesday, July 31 by Bank of America. On Wednesday, May 15 the stock rating was maintained by Bank of America with “Neutral”. The rating was downgraded by FBR Capital to “Sell” on Wednesday, July 31. The stock has “Overweight” rating by Morgan Stanley on Wednesday, July 31. The firm has “Buy” rating given on Monday, March 25 by Rosenblatt.

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.