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. Holder counts are more reliable. Shares outstanding: 125.4m as of 2024-05-08, 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 ≈ $2.70. Options: 2 managers hold calls ($31.9k notional), 3 hold puts ($489.2k).
Trends to Q1 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 204 |
| Q4 2022 | 214 |
| Q1 2023 | 222 |
| Q2 2023 | 190 |
| Q3 2023 | 173 |
| Q4 2023 | 164 |
| Q1 2024 | 152 |
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 |
| Q3 2023 | 76 | 113 |
| Q4 2023 | 82 | 97 |
| Q1 2024 | 74 | 84 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $1.1m | $2.9m | 2.71 |
| Q3 2023 | $440.9k | $1.7m | 3.83 |
| Q4 2023 | $559.8k | $3.6m | 6.51 |
| Q1 2024 | $31.9k | $489.2k | 15.36 |
Biggest buyers
| Boston Partners | Added | +3.1m |
| MORGAN STANLEY | Added | +2.3m |
| Russell Investments Group, Ltd. | Added | +1.5m |
| ACADIAN ASSET MANAGEMENT LLC | Added | +1.3m |
| BANK OF AMERICA CORP /DE/ | Added | +1.2m |
| AQR CAPITAL MANAGEMENT LLC | Added | +720.4k |
| Invenomic Capital Management LP | Added | +571.2k |
| VANGUARD GROUP INC | Added | +561.4k |
| First Eagle Investment Management, LLC | New | +548.7k |
| JPMORGAN CHASE & CO | Added | +490.9k |
Biggest sellers
| CITADEL ADVISORS LLC | Reduced | -2.6m |
| Bank of New York Mellon Corp | Reduced | -2.4m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Sold out | -1.6m |
| CANADA LIFE ASSURANCE Co | Sold out | -1.4m |
| Kent Lake Capital LLC | Reduced | -1.4m |
| JANE STREET GROUP, LLC | Reduced | -583.8k |
| ESSEX INVESTMENT MANAGEMENT CO LLC | Sold out | -561.7k |
| 272 Capital LP | Reduced | -541.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -468.4k |
| ArrowMark Colorado Holdings LLC | Reduced | -462.8k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $31.9k11.8k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| Crawford Fund Management, LLC | Reduced | $270.0k100.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $160.9k59.6k shares |
| CITADEL ADVISORS LLC | Reduced | $58.3k21.6k 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 Q1 2024
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 |
|---|---|---|---|---|---|
| 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 |
| Q3 2023 | 0 | — | 6 | $379.4k | $153.0k |
| Q4 2023 | 0 | — | 5 | $301.9k | $206.7k |
| Q1 2024 | 0 | — | 5 | $176.4k | $89.1k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-03-18 | Wilson Samuel C. Chief Executive Officer | Sold plan | $36.5k13.7k shares |
| 2024-03-18 | Middleton Hunter Chief Product Officer | Sold | $26.7k10.0k shares |
| 2024-03-18 | Denny Laurence Chief Legal Officer | Sold | $9.3k3.5k shares |
| 2024-03-18 | Kraus Kevin Chief Financial Officer | Sold plan | $4.8k1.8k shares |
| 2024-03-15 | Wilson Samuel C. Chief Executive Officer | Sold plan | $5.3k2.0k shares |
| 2024-03-15 | Kraus Kevin Chief Financial Officer | Sold plan | $2.7k1.0k shares |
| 2024-02-16 | Middleton Hunter Chief Product Officer | Sold | $1.3k500 shares |
| 2024-02-16 | Kraus Kevin Chief Financial Officer | Sold | $1.3k487 shares |
| 2024-02-15 | Wilson Samuel C. Chief Executive Officer | Sold plan | $5.5k2.0k shares |
| 2024-02-15 | Kraus Kevin Chief Financial Officer | Sold plan | $2.8k1.0k shares |
| 2024-02-12 | Denny Laurence Chief Legal Officer | Sold | $19.5k7.1k shares |
| 2024-01-16 | Seandel Suzy M Chief Accounting Officer | Sold | $29.1k8.8k shares |
| 2024-01-16 | Wilson Samuel C. Chief Executive Officer | Sold plan | $6.6k2.0k shares |
| 2024-01-16 | Kraus Kevin Chief Financial Officer | Sold plan | $3.5k1.0k shares |
| 2024-01-02 | Denny Laurence Chief Legal Officer | Sold plan | $21.3k5.8k 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, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| SYLEBRA CAPITAL LLC 1.29% of their portfolio | 14.4m $38.9m | Unchanged |
| ArrowMark Colorado Holdings LLC 0.40% of their portfolio | 13.3m $36.0m | Reduced -462.8k |
| VANGUARD GROUP INC 0.00% of their portfolio | 11.4m $30.9m | Added +561.4k |
| BlackRock Inc. 0.00% of their portfolio | 11.3m $30.6m | Reduced -45.1k |
| MORGAN STANLEY 0.00% of their portfolio | 6.7m $18.0m | Added +2.3m |
| STATE STREET CORP 0.00% of their portfolio | 5.2m $13.9m | Added +335.9k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 3.8m $10.3m | Added +1.5m |
| Boston Partners 0.01% of their portfolio | 3.7m $10.0m | Added +3.1m |
| Impax Asset Management Group plc 0.03% of their portfolio | 3.3m $9.0m | Unchanged |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.7m $7.3m | Added +113.7k |
| Invenomic Capital Management LP 0.38% of their portfolio | 2.6m $7.2m | Added +571.2k |
| ACADIAN ASSET MANAGEMENT LLC 0.02% of their portfolio | 2.0m $5.3m | Added +1.3m |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.7m $4.7m | Added +1.2m |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 1.7m $4.6m | Added +321.5k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 1.7m $4.6m | Added +720.4k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.6m $4.4m | Added +490.9k |
| S SQUARED TECHNOLOGY, LLC 1.92% of their portfolio | 1.5m $4.2m | Unchanged |
| 272 Capital LP 1.48% of their portfolio | 1.4m $3.7m | Reduced -541.3k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 1.3m $3.6m | Added +421.6k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 1.3m $3.6m | Added +6.1k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 1.3m $3.6m | Added +280.3k |
| Kent Lake Capital LLC 1.58% of their portfolio | 1.3m $3.6m | Reduced -1.4m |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 1.3m $3.5m | Reduced -96.5k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 1.3m $3.4m | Reduced -438.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 1.2m $3.3m | Reduced -21.3k |
| FMR LLC 0.00% of their portfolio | 1.2m $3.2m | Added +372.2k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 1.1m $2.9m | Reduced -151.1k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 1.1m $2.9m | Added +351.5k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.01% of their portfolio | 1.0m $2.8m | Added +99.4k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.0m $2.8m | Reduced -3.0k |
| Crestline Management, L.P. 0.26% of their portfolio | 998.4k $2.7m | Unchanged |
| FEDERATED HERMES, INC. 0.01% of their portfolio | 837.3k $2.3m | Reduced -24.8k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.06% of their portfolio | 763.5k $2.1m | Reduced -195.5k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 654.7k $1.8m | Reduced -73.6k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 646.4k $1.7m | Reduced -2.7k |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 623.5k $1.7m | Added +135.8k |
| GLOBEFLEX CAPITAL L P 0.15% of their portfolio | 560.8k $1.5m | Reduced -46.3k |
| First Eagle Investment Management, LLC 0.00% of their portfolio | 548.7k $1.5m | New |
| COOPER CREEK PARTNERS MANAGEMENT LLC 0.06% of their portfolio | 515.6k $1.4m | Unchanged |
| Bank of New York Mellon Corp 0.00% of their portfolio | 505.9k $1.4m | Reduced -2.4m |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 417.3k $1.1m | Added +158.5k |
| Mayflower Financial Advisors, LLC 0.17% of their portfolio | 380.7k $1.0m | Unchanged |
| Invesco Ltd. 0.00% of their portfolio | 347.7k $938.8k | Added +212.1k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 346.9k $936.6k | Added +32.3k |
| ZACKS INVESTMENT MANAGEMENT 0.01% of their portfolio | 319.9k $863.7k | Added +91.5k |
| TUDOR INVESTMENT CORP ET AL 0.01% of their portfolio | 313.4k $846.2k | Added +8.6k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 306.1k $826.5k | Added +2.7k |
| M&T Bank Corp 0.00% of their portfolio | 272.2k $734.6k | Reduced -38 |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.03% of their portfolio | 271.2k $732.2k | New |
| Rafferty Asset Management, LLC 0.00% of their portfolio | 256.5k $692.6k | New |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 231.4k $624.9k | Reduced -2.6m |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 229.0k $618.3k | Added +134.2k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 224.2k $605.0k | Reduced -270.4k |
| PERKINS CAPITAL MANAGEMENT INC 0.48% of their portfolio | 214.0k $578.0k | Unchanged |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 172.1k $464.7k | Added +5.8k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 166.6k $449.9k | Added +72.7k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 165.5k $446.9k | Added +98.3k |
| LPL Financial LLC 0.00% of their portfolio | 154.5k $417.2k | Added +58.0k |
| GSA CAPITAL PARTNERS LLP 0.03% of their portfolio | 150.8k $407.0k | Added +102.9k |
| UBS Group AG 0.00% of their portfolio | 140.8k $380.1k | Reduced -460.5k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 126.7k $342.1k | Added +56.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 120.0k $325.0k | Added +4.3k |
| BARCLAYS PLC 0.00% of their portfolio | 119.6k $322.9k | Reduced -78.3k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 106.3k $286.9k | Added +46.8k |
| Man Group plc 0.00% of their portfolio | 105.9k $286.0k | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 104.2k $281.2k | Reduced -468.4k |
| State of Wyoming 0.05% of their portfolio | 100.9k $272.5k | Added +16.4k |
| BUCKINGHAM STRATEGIC WEALTH, LLC 0.00% of their portfolio | 100.0k $270.0k | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 99.5k $268.0k | Reduced -11.2k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 96.4k $260.3k | Added +165 |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 92.3k $249.3k | Reduced -914 |
| Point72 Asia (Singapore) Pte. Ltd. 0.06% of their portfolio | 89.6k $241.9k | Added +83.4k |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 84.7k $338.8k | New |
| Cubist Systematic Strategies, LLC 0.00% of their portfolio | 81.9k $221.1k | Reduced -300.8k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 79.0k $213.3k | Reduced -583.8k |
| MACKENZIE FINANCIAL CORP 0.00% of their portfolio | 68.4k $184.8k | Reduced -16.2k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 60.8k $164.3k | Added +2.0k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 60.8k $164.2k | Added +1.1k |
| Verition Fund Management LLC 0.00% of their portfolio | 59.4k $160.3k | New |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 55.6k $150.0k | Added +1.8k |
| SUMMIT PARTNERS L P 0.01% of their portfolio | 52.9k $142.9k | Unchanged |
| Virtus Investment Advisers, LLC 0.10% of their portfolio | 51.6k $139.3k | New |
| Catalyst Funds Management Pty Ltd 0.04% of their portfolio | 49.5k $133.7k | First filing |
| Assenagon Asset Management S.A. 0.00% of their portfolio | 46.0k $124.2k | Unchanged |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 46.0k $124.2k | Unchanged |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 44.6k $120.5k | Added +27.3k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 44.0k $183.6k | Reduced -90 |
| Numerai GP LLC 0.05% of their portfolio | 43.1k $116.4k | New |
| Brevan Howard Capital Management LP 0.01% of their portfolio | 43.1k $116.3k | Reduced -22.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 42.3k $114.3k | Added +5.2k |
| Engineers Gate Manager LP 0.00% of their portfolio | 40.2k $108.4k | Reduced -102.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 38.2k $103.2k | Reduced -143 |
| Creative Planning 0.00% of their portfolio | 36.9k $99.7k | Added +5.8k |
| EntryPoint Capital, LLC 0.09% of their portfolio | 35.8k $96.7k | New |
| CITIGROUP INC 0.00% of their portfolio | 32.5k $87.7k | Added +784 |
| ExodusPoint Capital Management, LP 0.00% of their portfolio | 32.0k $86.0k | Reduced -62.9k |
| ALGERT GLOBAL LLC 0.00% of their portfolio | 30.3k $81.8k | Reduced -27.9k |
| DAVENPORT & Co LLC 0.00% of their portfolio | 30.1k $81.2k | Reduced -85 |
| Savant Capital, LLC 0.00% of their portfolio | 29.8k $80.5k | New |
| Independent Solutions Wealth Management, LLC 0.02% of their portfolio | 24.1k $65.1k | Added +1.5k |