David Schellhase Sells 349,339 Shares of Slack (NASDAQ:WORK) Stock

Slack (NASDAQ:WORK) General Counsel David Schellhase sold 349,339 shares of the company’s stock in a transaction that occurred on Friday, June 21st. The shares were sold at an average price of $38.28, for a total transaction of $13,372,696.92. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Slack stock opened at $35.20 on Wednesday. Slack has a 1-year low of $34.81 and a 1-year high of $42.00.

A number of analysts recently commented on WORK shares. Robert W. Baird started coverage on shares of Slack in a research note on Tuesday. They set an “outperform” rating on the stock. DA Davidson upped their target price on shares of Slack to $31.00 and gave the stock an “average” rating in a report on Tuesday, June 11th. Finally, Atlantic Securities started coverage on shares of Slack in a report on Wednesday, June 19th. They set an “overweight” rating and a $37.00 target price on the stock.

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