Pushpay's great big $800m sell off

Pushpay's great big $800m sell off
Founder Chris Heaslip and the founder of another business bought by Pushpay, Chris Fowler, together sold almost $100m worth of shares. (Image: Supplied)
Dan Brunskill
Since the start of the year, Pushpay Holdings has had an exodus of the people who built the business.This comes as the company's growth rate slows with the pandemic subsiding in its main USA market.While analysts remain moderately positive on the business, the number of shares sold by those in the heart of the business over the past year gives investors reason to be cautious.Former chief executive Bruce Gordon stepped down from the board last month and recently sold the majority of his multi-million-dollar stake in the company – havin...

More Markets

NZ sharemarket ends week down 1.2%
Markets Free Market Close

NZ sharemarket ends week down 1.2%

The S&P/NZX 50 Index closed at 12,113.54, gaining 58.82 points or 0.49%.

Graham Skellern 21 Mar 2025
The Warehouse Group margins take hit
Retail

The Warehouse Group margins take hit

The retail group reported half-year earnings at the upper end of guidance.

Gregor Thompson 21 Mar 2025
Investor Jim Grenon challenges NZME board on dividend excesses
Markets Exclusive

Investor Jim Grenon challenges NZME board on dividend excesses

PLUS: NZME reveals talks it was having with rival publisher Stuff are on hold. 

‘Hope is not a strategy’: energy sector’s winter worries
Markets

‘Hope is not a strategy’: energy sector’s winter worries

Despite a fair amount of positive news, there was scepticism and a few home truths.

Ian Llewellyn 21 Mar 2025