Endurance International Group Holdings Inc. (NASDAQ:EIGI) CFO Marc Montagner sold 10,490 shares of the stock in a transaction that occurred on Friday, September 16th. The shares were sold at an average price of $8.25, for a total value of $86,542.50. Following the transaction, the chief financial officer now directly owns 186,468 shares of the company’s stock, valued at $1,538,361. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Shares of Endurance International Group Holdings Inc. (NASDAQ:EIGI) opened at 8.59 on Friday. The stock’s market capitalization is $1.21 billion. The stock has a 50 day moving average price of $7.98 and a 200 day moving average price of $9.15. Endurance International Group Holdings Inc. has a one year low of $6.55 and a one year high of $15.48.

Endurance International Group Holdings (NASDAQ:EIGI) last announced its quarterly earnings results on Tuesday, August 2nd. The company reported ($0.02) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.34 by $0.36. Endurance International Group Holdings had a negative net margin of 3.39% and a positive return on equity of 36.84%. The business earned $290.70 million during the quarter, compared to analysts’ expectations of $299.63 million. During the same quarter in the prior year, the firm earned ($0.02) EPS. Endurance International Group Holdings’s revenue for the quarter was up 60.4% on a year-over-year basis. Equities analysts forecast that Endurance International Group Holdings Inc. will post ($0.43) earnings per share for the current year.

Several institutional investors have recently made changes to their positions in the stock. California State Teachers Retirement System raised its position in shares of Endurance International Group Holdings by 1.3% in the second quarter. California State Teachers Retirement System now owns 125,835 shares of the company’s stock valued at $1,131,000 after buying an additional 1,676 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of Endurance International Group Holdings by 1.7% in the second quarter. Bank of New York Mellon Corp now owns 234,512 shares of the company’s stock valued at $2,107,000 after buying an additional 3,975 shares in the last quarter. Squarepoint Ops LLC acquired a new position in shares of Endurance International Group Holdings during the first quarter valued at $211,000. Barclays PLC raised its position in shares of Endurance International Group Holdings by 323.9% in the first quarter. Barclays PLC now owns 84,787 shares of the company’s stock valued at $848,000 after buying an additional 64,787 shares in the last quarter. Finally, Legal & General Group Plc raised its position in shares of Endurance International Group Holdings by 17.3% in the first quarter. Legal & General Group Plc now owns 13,523 shares of the company’s stock valued at $141,000 after buying an additional 1,996 shares in the last quarter. Hedge funds and other institutional investors own 90.32% of the company’s stock.

A number of brokerages recently commented on EIGI. Morgan Stanley set a $9.00 price target on Endurance International Group Holdings and gave the company a “hold” rating in a research note on Friday, August 19th. Deutsche Bank AG dropped their price target on Endurance International Group Holdings from $12.00 to $8.00 and set a “hold” rating for the company in a research note on Wednesday, August 3rd. Jefferies Group reissued a “buy” rating and set a $17.00 price target on shares of Endurance International Group Holdings in a research note on Monday, July 18th. Wells Fargo & Co. lowered Endurance International Group Holdings from an “outperform” rating to a “market perform” rating in a research note on Wednesday, August 3rd. Finally, Zacks Investment Research raised Endurance International Group Holdings from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 19th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $13.06.

Endurance International Group Holdings Company Profile

Endurance International Group Holdings, Inc (Endurance) is a provider of cloud-based platform solutions designed to help small and medium-sized businesses (SMBs) succeed online. The Company serves approximately 4.7 million subscribers across the globe with an integrated suite of over 150 products and services.

5 Day Chart for NASDAQ:EIGI

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