![]() Moreover, to be legal, insider buying and selling must not be based on inside information. Indeed, over the last 12 months, Slack insiders bought more Slack shares than sold, buying up 369,127,781 shares compared to their selling of 277,527,652 shares. However, Butterfield’s selling of Slack shares does not mean that Slack is on the edge of a collapse in value. This is pertinent in Slack’s case, with the company expected to post -0.33 earnings per share for the current fiscal year. Insider selling may not look good on the surface. Source: Slack Scorecard at SoftwareReviews. ![]() Through this period, Butterfield sold 2,500 shares approximately every three to four days.īutterfield retains 165,947 shares with Slack, currently valued at $3,569,520.Īll transactions were disclosed with the SEC. Slack CEO Stewart Butterfield has sold a total of 25,000 shares between Decemand January 8, 2020, totaling $555,575.
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