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8X8 INC Director Sells 24,271 Shares at $2.05/Share on 2025-07-28.
ByAinvest
Wednesday, Aug 20, 2025 5:49 pm ET1min read
Eight Eight Inc., a Delaware-based company with ticker symbol EGHT, has announced that Director Theophille Elizabeth Harriet has recently sold 24,271 shares of common stock at a price of $2.05 per share on July 28, 2025.
On July 28, 2025, Theophille Elizabeth Harriet, a director of Eight Eight Inc. (EGHT), sold 24,271 shares of common stock at a price of $2.05 per share. This transaction occurred on the same day that the company announced its partnership with MNET, which integrates MNET’s CoreAccess+ middleware into the 8x8 Platform for CX, enabling secure, real-time access to core financial systems [1].The sale of shares by a director can have various implications for investors. It is important to note that the transaction does not necessarily indicate a change in the company's outlook or future prospects. However, it is a significant event that may influence the stock's price and investor sentiment.
Eight Eight Inc. is a Delaware-based company that provides integrated communication solutions for customer experience (CX). The company's stock has been recognized for its value potential, with a Zacks Rank #2 (Buy) and an A for Value, indicating that the stock may be undervalued [2].
The recent partnership with MNET is part of the company's strategy to enhance its CX offerings and improve customer experiences. By integrating CoreAccess+ middleware, 8x8 Inc. aims to provide faster authentication, smarter self-service, and seamless handoffs between bots and agents, while maintaining strict security and compliance standards.
Investors should closely monitor the stock's performance and any future developments to make informed decisions. It is also advisable to consult with financial professionals for personalized advice tailored to individual investment goals and risk tolerance.
References:
[1] https://www.nasdaq.com/press-release/mnet-joins-8x8-technology-partner-ecosystem-deliver-real-time-secure-cx-financial
[2] https://www.nasdaq.com/articles/should-value-investors-buy-8x8-eght-stock
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