Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

8x8 Inc New (EGHT)

175 + Investors. Track Smart Money conviction in EGHT. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +11
Streak
2Q ▲
Buyers last Q
64%

Smart Money Signals — EGHT

Based on 176 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added EGHT than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (99% of max)

99% of all-time peak
176 hedge funds hold EGHT right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +24% more funds vs a year ago

fund count last 6Q
+34 new funds entered over the past year (+24% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟢

More buyers than sellers — 64% buying

113 buying63 selling
Last quarter: 113 funds were net buyers (34 opened a brand new position + 79 added to an existing one). Only 63 were sellers (40 trimmed + 23 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+7 vs last Q)

new funds entering per quarter
Funds opening a new EGHT position: 24 → 17 → 27 → 34. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

60% of holders stayed for 2+ years

■ 60% conviction (2yr+) ■ 23% medium ■ 17% new
106 out of 176 hedge funds have held EGHT for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares -0%, value -42%

Value
-41%
Shares
0%
Last quarter: funds added -0% more shares while total portfolio value only changed -42%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈

Growing discovery — still being found

18 → 24 → 17 → 27 → 34 new funds/Q
New funds entering each quarter: 24 → 17 → 27 → 34. A growing number of institutions are discovering EGHT each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 69% veterans vs 16% newcomers

■ 69% veterans ■ 15% 1-2yr ■ 16% new
Entry-cohort mix of 177 holders: 122 (69%) are 2+ year veterans, 27 entered 1–2 years ago, and 28 (16%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 32% AUM from major funds

32% from top-100 AUM funds
42 of 175 holders rank in the top 100 by AUM, accounting for 32% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.7
out of 10
Low Exit Risk
Exit risk score 3.7/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — EGHT

In 2026 Q1, 113 hedge funds were net buyers of EGHT (34 opened a new position, 79 added to an existing one), while 63 reduced or exited (40 trimmed, 23 sold completely) — a 64% buyer ratio, indicating clear institutional accumulation. Net buying has persisted for two consecutive quarters, a positive momentum signal. 32% of total institutional value in EGHT is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +11 funds (more new holders than closures). Total institutional holders: 176.

Hedge Fund Ownership: EGHT

How many hedge funds hold EGHT — quarterly history vs. share price
Quarterly hedge fund ownership of EGHT vs. share price

Market Analysis: EGHT

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: EGHT

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy 8x8 Inc New (EGHT) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much EGHT has moved relative to its sector benchmark (XLK) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 79d ago
EGHT
+9.0%
XLK
+39.8%

EGHT outperformed XLK by -30.8% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 34d ago
EGHT
-23.3%
XLK
+5.4%

Since the filing became public, EGHT outperformed XLK by -28.7% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

18 top-rated funds 0 high-conviction
Consensus
5.6
/ 10
breadth
×
Elite
0.9
/ 10
conviction
Hedge Fund Positioning: EGHT
175 + Investors

Track Smart Money conviction in EGHT. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 175 165 6.06%
13F Shares 106M 106M -0.46%
Total Value $167M $287M -41.65%
New Positions 33 27 +6
Increased Positions 78 69 +9
Closed Positions 23 11 +12
Reduced Positions 40 45 -5
Total Calls 1 1 -
Total Puts 1 1 -
PUT/CALL Ratio 1.0 1.0 Neutral

Statistics: EGHT

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

175 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in EGHT. Verified SEC 13F-HR filings.

QUARTER:
Top 25 EGHT holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Crestline Management, L.P. 3.56% 990,850 $1.6M
2 Sylebra Capital LLC 1.91% 8,908,503 $14.8M
3 Nano Cap New Millennium Growth Fund L P 0.78% 500,000 $830K
4 S Squared Technology, LLC 0.59% 934,236 $1.6M
5 Invenomic Capital Management LP 0.15% 1,921,175 $3.2M
6 Mayflower Financial Advisors, LLC 0.08% 389,659 $647K
7 Hillsdale Investment Management Inc. 0.07% 1,653,197 $2.7M
8 ArrowMark Colorado Holdings LLC 0.07% 1,553,405 $2.6M
9 Dynamic Technology Lab Private Ltd 0.07% 250,426 $416K
10 Globeflex Capital L P 0.07% 260,764 $433K
11 Williams & Novak, LLC 0.04% 28,848 $50K
12 Integrated Quantitative Investments LLC 0.04% 123,231 $205K
13 Impax Asset Management Group plc 0.02% 2,000,000 $3.3M
14 Verdad Advisers, LP 0.02% 12,269 $20K
15 EntryPoint Capital, LLC 0.02% 33,042 $55K
16 Bridgeway Capital Management, LLC 0.01% 425,225 $706K
17 Headlands Technologies LLC 0.01% 72,377 $120K
18 State of Wyoming 0.01% 65,398 $109K
19 Boston Partners 0.01% 6,700,316 $11.1M
20 R Squared Ltd 0.01% 11,819 $20K
21 XTX Topco Ltd 0.01% 253,847 $421K
22 Susquehanna Fundamental Investments, LLC 0.01% 110,874 $184K
23 Panagora Asset Management Inc 0.01% 1,029,142 $1.7M
24 Marshall Wace, LLP 0.00% 2,898,685 $4.8M
25 Independent Solutions Wealth Management, LLC 0.00% 19,551 $32K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — 8x8 Inc New (EGHT)

What does the Smart Money Trend signal show for EGHT?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added EGHT than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for EGHT?

More buyers than sellers — 64% buying: Last quarter: 113 funds were net buyers (34 opened a brand new position + 79 added to an existing one). Only 63 were sellers (40 trimmed + 23 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for EGHT holders?

Strong quality — 32% AUM from major funds: 42 of 175 holders rank in the top 100 by AUM, accounting for 32% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held EGHT?

60% of holders stayed for 2+ years: 106 out of 176 hedge funds have held EGHT for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy 8x8 Inc New (EGHT) following the 2026 Q1 hedge fund 13F filings?

As of today, EGHT has moved -23.3% since the 2026 Q1 13F filing date (May 15, 2026), compared to +5.4% for the XLK sector ETF — an outperformance of -28.7%. Since the quarter end (March 31, 2026), EGHT has gained +9.0% vs +39.8% for XLK. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

Full history →