Blackstone Inc. Announces Chief Accounting Officer Payne David Sells 9400 Shares

Friday, Aug 8, 2025 5:19 pm ET1min read
BX--

Blackstone Inc. [BX] recently disclosed that Payne David, the company's Chief Accounting Officer, has sold 9,400 shares at a price of $169.97 per share on August 7, 2025.

New York, NY – July 2, 2025 – Blackstone Inc. [BX] has disclosed that Payne David, the company's Chief Accounting Officer, sold 9,400 shares on August 7, 2025, at a price of $169.97 per share. This transaction follows a period of significant earnings growth and strategic activities for the asset management giant.

The sale comes amidst a robust trading environment for Blackstone, which reported strong earnings in its latest quarterly report, exceeding analyst expectations [1]. The company's stock has shown resilience, navigating through market volatility and closing with a modest gain on Monday, August 5, 2025 [2].

Blackstone's market capitalization stands at approximately $209.74 billion, making it a significant player in the private equity industry and the broader investment landscape [3]. The firm's recent performance has been bolstered by a 25% spike in earnings, reflecting its strong financial health.

The sale of shares by Payne David, while significant, does not necessarily indicate a change in the company's overall outlook. Insider trading regulations require disclosure of such transactions, and the sale could be part of a broader investment strategy or personal financial planning.

Investors and financial professionals are encouraged to monitor Blackstone's ongoing activities and financial performance, as the company continues to be a key player in the alternative asset management sector.

References:
[1] https://www.marketbeat.com/instant-alerts/filing-fayez-sarofim-co-acquires-3031-shares-of-blackstone-inc-nysebx-2025-08-07/
[2] https://thekhabrilal.com/?p=212063
[3] https://www.marketscreener.com/news/australia-s-iress-in-early-talks-with-blackstone-thoma-bravo-over-buyout-offer-ce7c5edddd8ff120

Blackstone Inc. Announces Chief Accounting Officer Payne David Sells 9400 Shares

Stay ahead of the market.

Get curated U.S. market news, insights and key dates delivered to your inbox.

Comments



Add a public comment...
No comments

No comments yet