Blackbaud EVP Benjamin sells $681k in shares
#Blackbaud #Insider Trading #Stock Sales #Earnings Beat #Price Target #Market Performance #Tech Sector
📌 Key Takeaways
- Blackbaud EVP David J. Benjamin sold approximately $681,000 worth of company shares
- The transactions occurred as Blackbaud stock trades near its 52-week low of $45.71
- Despite strong Q4 earnings that beat estimates, Stifel lowered its price target to $50
- Benjamin still owns over 73,000 shares following the transactions
📖 Full Retelling
Blackbaud EVP and Chief Commercial Officer David J. Benjamin sold 14,349 shares of company stock on February 24, 2026, generating approximately $681,108 as the company's shares trade near their 52-week low amid broader market volatility. The transactions were executed in multiple trades at prices ranging from $47.44 to $47.56, according to a Form 4 filing with the Securities and Exchange Commission. Benjamin also disposed of additional shares on February 23 to cover tax obligations, selling 2,382 shares at $49.13 for $117,000 and another 2,439 shares at the same price totaling $119,855, while simultaneously acquiring 2,767 shares related to vesting performance restricted stock units. Following these transactions, Benjamin directly maintains a significant stake of 73,124 shares in Blackbaud, indicating continued confidence in the company despite the recent sales. The insider activity occurs as Blackbaud's stock has declined 26.6% over the past six months, currently hovering near its 52-week low of $45.71, though the company reported stronger-than-expected fourth-quarter 2025 earnings with $1.19 per share versus the forecasted $1.14 and revenues of $295.3 million slightly above anticipated $292.17 million. Despite this positive earnings performance, analysts at Stifel have lowered their price target for Blackbaud to $50 from $70 while maintaining a Hold rating, citing multiple compression in the software sector as a factor in their cautious outlook.
🏷️ Themes
Insider Trading, Stock Performance, Corporate Earnings, Analyst Ratings
📚 Related People & Topics
Insider trading
Trading using nonpublic information
# Insider Trading **Insider trading** is the trading of a public company's stock or other securities (such as bonds or stock options) based on **material, nonpublic information** about the company. While the practice is common, its legality is subject to complex regulations that vary significantly ...
Blackbaud
American cloud computing provider
Blackbaud, Inc. is a cloud computing provider that supports nonprofits, foundations, corporations, education institutions, healthcare organizations, religious organizations, and individual change agents. Its products focus on fundraising, website management, CRM, analytics, financial management, tic...
Entity Intersection Graph
Connections for Insider trading:
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SEC filing
17 shared
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Restricted stock
4 shared
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New York Stock Exchange
3 shared
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EVP
3 shared
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Vice president
3 shared
Mentioned Entities
Original Source
try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Nasdaq ends more than 1% higher as Nvidia rises pre-earnings, tech extends rebound Nvidia’s results beat estimates, but Wall Street wants more cash return Gold prices head for fifth day of gains in six; JPMorgan sees more upside Nvidia set to report strong results and guidance, analysts say (South Africa Philippines Nigeria) Blackbaud EVP Benjamin sells $681k in shares By Investing.com Insider Trading Published 02/25/2026, 09:19 PM Blackbaud EVP Benjamin sells $681k in shares 0 BLKB 1.33% Blackbaud (NASDAQ:BLKB) EVP, Chief Commercial Officer David J. Benjamin, sold 14,349 shares of common stock on February 24, 2026, for approximately $681,108. The sales were executed in multiple trades at prices ranging from $47.44 to $47.56. According to a Form 4 filing with the Securities and Exchange Commission, Benjamin also disposed of shares to cover tax obligations. On February 23, a total of 2,382 shares were disposed of at a price of $49.13, amounting to $117,000. Separately, 2,439 shares were disposed of at $49.13, totaling $119,855. On the same day, Benjamin acquired 2,767 shares of Blackbaud stock with a value of $0, related to the vesting of performance restricted stock units. Following these transactions, Benjamin directly owns 73,124 shares of Blackbaud.The insider sales come as shares trade near their 52-week low of $45.71, with the stock down 26.6% over the past six months. According to InvestingPro analysis, Blackbaud appears undervalued at current levels, placing it among the most undervalued stocks in the market. The company’s P/E ratio of 20.12 and market cap of $2.16 billion reflect recent price weakness. For deeper insights into Blackbaud’s valuation and comprehensive analysis, investors can access the full Pro Research Report available on InvestingPro . In other recent news, Blackbaud reported its fourth-quarter 2025 earnings, surpassing expectations with an earnings per share of $1.19 compared to the ...
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