Insider sales are trivial relative to market cap and likely driven by routine portfolio diversification or tax planning. No bearish signal. Monitor for any material corporate events or upcoming earnings that could shift sentiment.
Price Chart
Executive Summary
Three Blackbaud insiders (CEO, CFO, and EVP Chief Commercial Officer) sold a total of ~$1.0M in open-market transactions over a 7-day window. The total sales represent only 0.045% of the company's $2.2B market cap, making this a trivial, routine cluster with no material bearish signal.
Key Financial Metrics
Key Facts
- CEO Michael P. Gianoni sold 17,000 shares at $47.35 for $805K on 2026-08-25.
- CFO Chad Anderson sold 2,000 shares at $47.56 for $95K on 2026-09-01.
- EVP/Chief Commercial Officer David J. Benjamin sold 2,086 shares at $48.27 for $100.7K on 2026-08-31.
- Total insider sales of ~$1.0M represent 0.045% of Blackbaud's $2.2B market cap.
Financial Impact
Total insider sales of ~$1.0M, representing 0.045% of market cap — immaterial.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-BLKB-1788412052061 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 14, 2026 12d ago | Press Release | $48.86 | awaiting T+60 | — | $55.07 (+12.71%) |
Sep 29, 2026 27d ago | Press Release | $41.43 | awaiting T+60 | — | $55.07 (+32.92%) |
Sep 2, 2026 7w ago | Insider Cluster | $48.46 | awaiting T+60 | — | $55.07 (+13.64%) |
Aug 17, 2026 10w ago | 3 | $44.36 | awaiting T+60 | — | $55.07 (+24.14%) |
Aug 10, 2026 11w ago | 8-K | $45.45 | awaiting T+60 | — | $55.07 (+21.17%) |
Jul 29, 2026 12w ago | 8-K | $42.18 $56.48 | ▲ +33.90% | ▲ +29.17% | $55.07 (+30.56%) |
Apr 29, 2026 25w ago | 8-K | $39.04 $32.71 | ▼ −16.21% | ▼ −20.33% | $55.07 (+41.06%) |
Apr 21, 2026 27w ago | DEFA14A | $38.62 $33.03 | ▼ −14.47% | ▼ −21.37% | $55.07 (+42.59%) |
Mar 3, 2026 33w ago | Insider Cluster | $49.77 $30.69 | ▼ −38.33% | ▼ −48.74% | $55.07 (+10.66%) |
Feb 24, 2026 35w ago | Insider Cluster | $47.21 $31.44 | ▼ −33.40% | ▼ −40.15% | $55.07 (+16.65%) |
US Market Status
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