8x8 director Andrew Burton sells $194,241 of company stock
Director Andrew F. Burton of 8X8 INC (NASDAQ:EGHT) sold 107,085 shares of the company's common stock on September 11, 2026, for a total of $194,241. The shares were sold at a weighted average price of $1.8139 per share, with individual sale prices ranging from $1.785 to $1.855. The current stock price is $1.84, closer to its 52-week low of $1.57 than its high of $2.88.
According to InvestingPro analysis, the stock appears undervalued with a PEG ratio of 0.46, despite a high P/E ratio of 58.92. This sale was executed under a Rule 10b5-1 trading plan adopted by Burton on June 12, 2026. Following the transactions, Burton directly holds 151,615 shares of EGHT.
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