8X8 INC NEW EGHT
COM · Common Stock · CUSIP 282914100
American provider of Voice over IP products
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($751.0k this quarter). Holder counts are more reliable. Shares outstanding: 119.9m as of 2023-07-25, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $4.23. Options: 7 managers hold calls ($1.1m notional), 4 hold puts ($2.9m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 204 |
| Q4 2022 | 214 |
| Q1 2023 | 222 |
| Q2 2023 | 190 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 104 | 109 |
| Q1 2023 | 106 | 108 |
| Q2 2023 | 86 | 124 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $1.9m | $4.7m | 2.49 |
| Q4 2022 | $2.4m | $5.6m | 2.32 |
| Q1 2023 | $722.4k | $3.0m | 4.15 |
| Q2 2023 | $1.1m | $2.9m | 2.71 |
Biggest buyers
| BlackRock Inc. | Added | +1.5m |
| 272 Capital LP | New | +1.3m |
| ArrowMark Colorado Holdings LLC | Added | +980.9k |
| Invenomic Capital Management LP | New | +928.7k |
| STATE STREET CORP | Added | +856.5k |
| S SQUARED TECHNOLOGY, LLC | Added | +835.1k |
| BOOTHBAY FUND MANAGEMENT, LLC | New | +758.0k |
| Alyeska Investment Group, L.P. | New | +711.2k |
| Impax Asset Management Group plc | Added | +681.8k |
| JPMORGAN CHASE & CO | Added | +573.4k |
Biggest sellers
| MILLENNIUM MANAGEMENT LLC | Reduced | -2.3m |
| VANGUARD GROUP INC | Reduced | -1.4m |
| CITADEL ADVISORS LLC | Reduced | -863.4k |
| Archon Capital Management LLC | Sold out | -715.4k |
| MARSHALL WACE, LLP | Sold out | -683.9k |
| MORGAN STANLEY | Reduced | -621.3k |
| NEEDHAM INVESTMENT MANAGEMENT LLC | Reduced | -600.0k |
| Point72 Asset Management, L.P. | Reduced | -583.0k |
| FULLER & THALER ASSET MANAGEMENT, INC. | Sold out | -536.7k |
| GOLDMAN SACHS GROUP INC | Reduced | -531.7k |
Biggest calls
| GROUP ONE TRADING LLC | Added | $315.1k74.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $253.0k59.8k shares |
| SIMPLEX TRADING, LLC | Added | $197.0k46.8k shares |
| JANE STREET GROUP, LLC | Added | $110.0k26.0k shares |
| CITADEL ADVISORS LLC | Reduced | $102.4k24.2k shares |
| Walleye Trading LLC | Reduced | $98.6k23.3k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| Parallax Volatility Advisers, L.P. | Unchanged | $2.6m605.0k shares |
| CITADEL ADVISORS LLC | Added | $186.1k44.0k shares |
| WOLVERINE ASSET MANAGEMENT LLC | Unchanged | $93.9k22.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $80.4k19.0k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-04-17 | 7.0% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-27 | 5.4% |
Fell to 5% or below in the last year: Boston Partners (4.8%, 2026-05-14), SYLEBRA CAPITAL LLC (4.8%, 2026-04-16), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC), BANK OF AMERICA CORP /DE/ (4.3%, 2025-11-14)
Insider purchases and sales in Q2 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 6 | $2.3m | — |
| Q1 2022 | 0 | — | 7 | — | — |
| Q2 2022 | 0 | — | 4 | $913.8k | — |
| Q3 2022 | 0 | — | 5 | $436.8k | — |
| Q4 2022 | 0 | — | 6 | $494.9k | — |
| Q1 2023 | 0 | — | 4 | $282.4k | $19.0k |
| Q2 2023 | 0 | — | 4 | $583.5k | $30.7k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-06-21 | Denny Laurence Chief Legal Officer | Sold plan | $16445 shares |
| 2023-06-16 | Wilson Samuel C. Chief Executive Officer | Sold | $360.4k93.6k shares |
| 2023-06-16 | Middleton Hunter Chief Product Officer | Sold | $127.2k33.0k shares |
| 2023-06-16 | Kraus Kevin Chief Financial Officer | Sold | $37.1k9.6k shares |
| 2023-06-16 | Denny Laurence Chief Legal Officer | Sold | $20.0k5.2k shares |
| 2023-06-13 | Wilson Samuel C. Interim Chief Executive Off. | Sold plan | $7.9k2.0k shares |
| 2023-06-12 | Denny Laurence Chief Legal Officer | Sold plan | $5.8k1.5k shares |
| 2023-05-17 | Wilson Samuel C. Interim Chief Executive Off. | Sold plan | $6.3k2.0k shares |
| 2023-05-16 | Kraus Kevin Interim Chief Financial Off. | Sold | $1.3k402 shares |
| 2023-05-16 | Middleton Hunter Chief Product Officer | Sold | $1.3k402 shares |
| 2023-05-10 | Denny Laurence Chief Legal Officer | Sold plan | $3.1k1.0k shares |
| 2023-04-17 | Wilson Samuel C. Interim Chief Executive Off. | Sold plan | $7.5k2.0k shares |
| 2023-04-17 | Middleton Hunter Chief Product Officer | Sold | $2.6k697 shares |
| 2023-04-17 | Denny Laurence Chief Legal Officer | Sold | $2.3k616 shares |
| 2023-04-17 | Kraus Kevin Interim Chief Financial Off. | Sold | $1.8k480 shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.00% of their portfolio | 21.2m $89.7m | Added +1.5m |
| VANGUARD GROUP INC 0.00% of their portfolio | 14.7m $62.0m | Reduced -1.4m |
| Sylebra Capital Ltd 2.50% of their portfolio | 14.4m $60.9m | Unchanged |
| ArrowMark Colorado Holdings LLC 0.60% of their portfolio | 13.0m $55.0m | Added +980.9k |
| STATE STREET CORP 0.00% of their portfolio | 5.7m $24.1m | Added +856.5k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.07% of their portfolio | 2.8m $11.9m | Reduced -74.6k |
| Impax Asset Management Group plc 0.04% of their portfolio | 2.5m $10.5m | Added +681.8k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 2.5m $10.4m | Reduced -863.4k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 2.4m $10.3m | Added +26.5k |
| MORGAN STANLEY 0.00% of their portfolio | 2.3m $9.6m | Reduced -621.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.3m $9.6m | Added +103.0k |
| ExodusPoint Capital Management, LP 0.07% of their portfolio | 1.4m $5.8m | Added +142.5k |
| 272 Capital LP 1.98% of their portfolio | 1.3m $5.4m | New |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.3m $5.3m | Added +21.9k |
| S SQUARED TECHNOLOGY, LLC 2.57% of their portfolio | 1.2m $5.2m | Added +835.1k |
| NEEDHAM INVESTMENT MANAGEMENT LLC 0.70% of their portfolio | 1.0m $4.2m | Reduced -600.0k |
| Crestline Management, L.P. 0.46% of their portfolio | 998.4k $4.2m | Reduced -20.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 975.3k $4.1m | Added +8.4k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 961.8k $4.1m | Reduced -81.1k |
| Invenomic Capital Management LP 0.22% of their portfolio | 928.7k $3.9m | New |
| FEDERATED HERMES, INC. 0.01% of their portfolio | 906.4k $3.8m | Reduced -296.5k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 876.2k $3.7m | Added +567.8k |
| Fisher Asset Management, LLC 0.00% of their portfolio | 809.1k $3.4m | Reduced -57.8k |
| Allspring Global Investments Holdings, LLC 0.01% of their portfolio | 802.6k $3.4m | Added +6.3k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.10% of their portfolio | 758.0k $3.2m | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 719.7k $3.0m | Added +573.4k |
| Alyeska Investment Group, L.P. 0.02% of their portfolio | 711.2k $3.0m | New |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 703.7k $3.0m | Added +126.5k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 695.0k $2.9m | Reduced -78.4k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 668.6k $2.8m | Reduced -38.6k |
| Invesco Ltd. 0.00% of their portfolio | 668.4k $2.8m | Added +43.7k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 647.4k $2.7m | Reduced -30.6k |
| GLOBEFLEX CAPITAL L P 0.30% of their portfolio | 638.6k $2.7m | Added +80.3k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 635.7k $2.7m | Reduced -531.7k |
| FMR LLC 0.00% of their portfolio | 596.2k $2.5m | Added +119.8k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 574.5k $2.4m | Reduced -83.6k |
| COOPER CREEK PARTNERS MANAGEMENT LLC 0.15% of their portfolio | 515.6k $2.2m | Unchanged |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 481.7k $2.0m | Added +272.4k |
| ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio | 472.0k $2.0m | New |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 468.3k $2.0m | Added +161.2k |
| Deer Management Co. LLC 0.16% of their portfolio | 412.9k $1.7m | New |
| Mayflower Financial Advisors, LLC 0.21% of their portfolio | 382.7k $1.6m | Added +1.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 378.9k $1.6m | Reduced -161.6k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 347.5k $1.5m | Added +5.4k |
| Cubist Systematic Strategies, LLC 0.02% of their portfolio | 336.6k $1.4m | Reduced -382.3k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 323.8k $1.4m | Reduced -130.4k |
| Legal & General Group Plc 0.00% of their portfolio | 317.2k $1.3m | Added +39.9k |
| TUDOR INVESTMENT CORP ET AL 0.02% of their portfolio | 313.2k $1.3m | Added +30.9k |
| JUPITER ASSET MANAGEMENT LTD 0.01% of their portfolio | 304.5k $1.3m | Unchanged |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 301.6k $1.3m | Added +106.2k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 301.4k $1.3m | Reduced -14.3k |
| BARCLAYS PLC 0.00% of their portfolio | 292.6k $1.2m | Added +205.2k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 270.7k $1.1m | Reduced -11.9k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 259.2k $1.1m | Added +149.2k |
| Parallax Volatility Advisers, L.P. 0.04% of their portfolio | 250.1k $1.1m | Added +175.0k |
| Swiss National Bank 0.00% of their portfolio | 246.2k $1.0m | Added +29.3k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 232.0k $981.2k | Reduced -2.3m |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 230.6k $975.5k | Added +109.5k |
| Jump Financial, LLC 0.03% of their portfolio | 217.5k $920.0k | Added +53.5k |
| PERKINS CAPITAL MANAGEMENT INC 0.78% of their portfolio | 211.5k $895.0k | Unchanged |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 206.6k $875.2k | Added +14.8k |
| Public Sector Pension Investment Board 0.01% of their portfolio | 200.7k $848.8k | Added +1.8k |
| M&T Bank Corp 0.00% of their portfolio | 181.1k $766.5k | Added +36.5k |
| KORNITZER CAPITAL MANAGEMENT INC /KS 0.01% of their portfolio | 175.9k $744.1k | Unchanged |
| JENNISON ASSOCIATES LLC 0.00% of their portfolio | 174.9k $739.7k | Added +13.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 171.4k $712.9k | Unchanged |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 158.6k $671.0k | Reduced -800 |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.02% of their portfolio | 155.7k $658.8k | Unchanged |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 147.4k $623.6k | Reduced -22.0k |
| GSA CAPITAL PARTNERS LLP 0.06% of their portfolio | 145.7k $616.0k | Reduced -167.6k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 137.1k $580.0k | Added +6.9k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 136.3k $577.0k | Added +37.4k |
| CITIGROUP INC 0.00% of their portfolio | 134.0k $566.8k | Added +33.1k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 129.4k $547.5k | Reduced -49.6k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 129.3k $546.9k | Added +715 |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.00% of their portfolio | 127.8k $540.5k | Added +8.1k |
| Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio | 122.8k $519.6k | New |
| UBS Group AG 0.00% of their portfolio | 121.8k $515.2k | Reduced -154.1k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 116.0k $490.7k | Added +55.4k |
| OCCUDO QUANTITATIVE STRATEGIES LP 0.05% of their portfolio | 115.5k $488.7k | Added +66.4k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 115.5k $488.5k | Reduced -6.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 110.4k $468.0k | Added +1.8k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 106.7k $451.9k | Added +6.1k |
| Factorial Partners, LLC 0.29% of their portfolio | 101.0k $427.2k | Added +18.0k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 100.8k $426.0k | Reduced -7.6k |
| BUCKINGHAM STRATEGIC WEALTH, LLC 0.01% of their portfolio | 100.0k $423.0k | Reduced -1.5k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 99.5k $420.7k | Reduced -20.6k |
| TEXAS PERMANENT SCHOOL FUND CORP 0.00% of their portfolio | 98.5k $416.6k | Reduced -2.0k |
| XTX Topco Ltd 0.07% of their portfolio | 97.7k $413.2k | Reduced -56.9k |
| Boston Partners 0.00% of their portfolio | 94.4k $399.2k | New |
| Walleye Capital LLC 0.01% of their portfolio | 94.0k $397.8k | New |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 91.3k $386.3k | Added +12.6k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 86.3k $364.9k | Reduced -46.1k |
| Numerai GP LLC 0.07% of their portfolio | 85.0k $359.4k | Reduced -27.6k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 83.1k $351.5k | Unchanged |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 81.1k $343.0k | Reduced -3.6k |
| State of Tennessee, Department of Treasury 0.00% of their portfolio | 78.2k $330.8k | Unchanged |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.00% of their portfolio | 77.4k $327.4k | Added +21.7k |
| Inspire Investing, LLC 0.04% of their portfolio | 74.9k $316.6k | Added +8.3k |
| State of Alaska, Department of Revenue 0.00% of their portfolio | 74.6k $315.0k | Reduced -2.8k |