Endurance International Group Holdings Inc (NASDAQ:EIGI) insider David C. Bryson sold 9,863 shares of Endurance International Group stock in a transaction that occurred on Wednesday, April 17th. The shares were sold at an average price of $6.42, for a total transaction of $63,320.46. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
David C. Bryson also recently made the following trade(s):
- On Tuesday, April 2nd, David C. Bryson sold 4,848 shares of Endurance International Group stock. The shares were sold at an average price of $7.40, for a total transaction of $35,875.20.
EIGI opened at $6.32 on Friday. The firm has a market cap of $909.98 million, a PE ratio of 210.67 and a beta of 1.29. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 10.15. Endurance International Group Holdings Inc has a one year low of $5.87 and a one year high of $10.95.
Endurance International Group (NASDAQ:EIGI) last released its quarterly earnings results on Thursday, February 7th. The software maker reported $0.09 EPS for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.12. The firm had revenue of $282.40 million during the quarter, compared to analyst estimates of $283.21 million. Endurance International Group had a negative net margin of 0.23% and a negative return on equity of 1.68%. The business’s revenue for the quarter was down 4.0% on a year-over-year basis. During the same period in the previous year, the business earned $0.05 EPS. Sell-side analysts forecast that Endurance International Group Holdings Inc will post -0.02 EPS for the current fiscal year.
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Endurance International Group by 92.9% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,453 shares of the software maker’s stock valued at $30,000 after purchasing an additional 2,144 shares in the last quarter. Quantamental Technologies LLC bought a new stake in shares of Endurance International Group during the 4th quarter worth $57,000. Amalgamated Bank bought a new stake in shares of Endurance International Group during the 4th quarter worth $70,000. HRT Financial LLC bought a new stake in shares of Endurance International Group during the 4th quarter worth $80,000. Finally, Pacer Advisors Inc. bought a new stake in shares of Endurance International Group during the 3rd quarter worth $126,000. Hedge funds and other institutional investors own 92.60% of the company’s stock.
A number of research analysts recently weighed in on the stock. BidaskClub lowered shares of Endurance International Group from a “hold” rating to a “sell” rating in a research note on Thursday, April 11th. Zacks Investment Research lowered shares of Endurance International Group from a “buy” rating to a “hold” rating in a research report on Monday, April 15th. Finally, Goldman Sachs Group upgraded shares of Endurance International Group from a “sell” rating to a “neutral” rating and set a $7.50 price target for the company in a research report on Wednesday, March 27th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $8.63.
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Endurance International Group Company Profile
Endurance International Group Holdings, Inc, together with its subsidiaries, provides cloud-based platform solutions for small-and medium-sized businesses in the United States and internationally. The company operates in three segments: Web Presence, Domain, and Email Marketing. It offers Web hosting services, including entry-level shared hosting, and virtual private server and dedicated hosting solutions; Website building tools that enable subscribers to create a Web presence; domain registration, management, and resale services; malware protection solutions to protect subscribers' Websites from viruses, malicious code, and other threats; and backup control solutions that enable subscribers to schedule, maintain, manage, and restore backups of their online data and Websites.
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