Blackbaud Inc EVP Gregoire Sells 6,000 Shares at $72.17-$74.26/Share.

Blackbaud Inc. (BLKB) recently announced that Executive Vice President and Chief Operating Officer, Gregoire Kevin P., engaged in a series of transactions involving the sale of company shares on July 30, 2025. Specifically, he sold 5,162 shares at $72.17 per share, 2,038 shares at $73.32 per share, and 800 shares at $74.26 per share. These transactions were reported in accordance with regulatory requirements.

Blackbaud Inc. (BLKB), a leading cloud software company for social causes, recently reported that Executive Vice President and Chief Operating Officer, Gregoire Kevin P., sold a significant number of company shares on July 30, 2025. The transactions, reported in accordance with regulatory requirements, included the sale of 5,162 shares at $72.17 per share, 2,038 shares at $73.32 per share, and 800 shares at $74.26 per share [1].

The sales were executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 12, 2025. The transactions were completed in multiple trades at varying prices, with the reported prices being weighted averages. The company has undertaken to provide full information regarding the number of shares and prices at which the transactions were effected upon request [1].

These transactions come at a time when Blackbaud is performing well. The company recently announced its second-quarter 2025 results, which showed significant improvements in growth and profitability. GAAP total revenue was $281.4 million, down 2.1% driven by the divestiture of EVERFI, while non-GAAP organic revenue increased by 6.8%. GAAP income from operations was $56.7 million, with a GAAP operating margin of 20.1%, up by 540 basis points. Non-GAAP net income was $58.2 million, with non-GAAP diluted earnings per share of $1.21, up $0.13 per share [2].

The company has also been recognized for its strong growth prospects. Blackbaud is a Zacks Rank #3 (Hold) stock with a Growth Style Score of A and a VGM Score of B. Earnings are expected to grow 5.2% year-over-year for the current fiscal year, with sales growth of 3.1%. The Zacks Consensus Estimate has increased $0.05 to $4.28 per share, and the company boasts an average earnings surprise of 4.1% [3].

References:
[1] https://www.sec.gov/Archives/edgar/data/1280058/000157856325000333/xslF345X05/wk-form4_1754084468.xml
[2] https://finance.yahoo.com/news/why-blackbaud-blkb-top-growth-134502425.html
[3] https://investor.blackbaud.com/news-releases/news-release-details/blackbaud-announces-2025-second-quarter-results