The CFO & Exec VP of Fin. & Admin. of Blackbaud (NASDAQ: BLKB) is Selling Shares

By Carrie Williams

Today, the CFO & Exec VP of Fin. & Admin. of Blackbaud (NASDAQ: BLKB), Anthony Boor, sold shares of BLKB for $364.6K.

In addition to Anthony Boor, 7 other BLKB executives reported Sell trades in the last month. Following Anthony Boor’s last BLKB Sell transaction on November 09, 2016, the stock climbed by 3.6%.

Based on Blackbaud’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $183 million and quarterly net profit of $8.93 million. In comparison, last year the company earned revenue of $159 million and had a net profit of $7.91 million. The company has a one year high of $71.76 and a one year low of $49.89. BLKB’s market cap is $3.17B and the company has a P/E ratio of 109.07.

The insider sentiment on Blackbaud has been negative according to 56 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.

Blackbaud, Inc. engages in the provision of cloud-based and on-premises software solutions and related services for the global philanthropic community. It operates through the following business units: General Markets, Enterprise Customer, International, and Other. The General Markets business unit focuses on marketing, sales, delivery, and support to emerging and mid-sized prospects and customers in North America. The Enterprise Customer business unit covers large and strategic prospects and customers in North America. The International business unit deals with prospects and customers outside of North America. The Other segment includes revenue and related costs from the sale of solutions and services not directly attributable to a reportable segment. The company was founded by Anthony E. Bakker in 1981 and is headquartered in Charleston, SC.