Huljich family sells 25% of Pushpay stake

Tue, 14 Jul 2020

The Huljich family has sold a quarter of its cornerstone stake in Pushpay Holdings, one of the rising software company stars. The 14.4 million shares were sold for $123.8 million, or $8.60 per share, yesterday. That was a 6.9 percent discount from the closing market price of $9.24. Pushpay shares fell nearly 6 percent to $8.69 when the market opened this morning. The faith-sector donations software developer has been a runaway success during the pandemic because US church buildings were closed and parishioners turned to online platforms t...

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