Paloma Partners Management Co bought a new position in shares of Electronics for Imaging, Inc. (NASDAQ:EFII) during the first quarter, according to its most recent Form 13F filing with the SEC. The firm bought 5,303 shares of the technology company’s stock, valued at approximately $258,000.

Other large investors also recently made changes to their positions in the company. Gotham Asset Management LLC bought a new stake in shares of Electronics for Imaging during the first quarter worth approximately $801,000. State Street Corp boosted its stake in shares of Electronics for Imaging by 7.1% in the first quarter. State Street Corp now owns 1,123,991 shares of the technology company’s stock worth $54,885,000 after buying an additional 74,886 shares during the period. Schwab Charles Investment Management Inc. boosted its stake in shares of Electronics for Imaging by 28.4% in the first quarter. Schwab Charles Investment Management Inc. now owns 280,354 shares of the technology company’s stock worth $13,690,000 after buying an additional 61,977 shares during the period. Renaissance Technologies LLC bought a new stake in shares of Electronics for Imaging during the first quarter worth approximately $1,144,000. Finally, UBS Group AG boosted its stake in shares of Electronics for Imaging by 2,651.1% in the first quarter. UBS Group AG now owns 11,637 shares of the technology company’s stock worth $568,000 after buying an additional 11,214 shares during the period.

Shares of Electronics for Imaging, Inc. (NASDAQ EFII) opened at 48.62 on Friday. The firm has a market cap of $2.26 billion, a PE ratio of 48.04 and a beta of 1.22. Electronics for Imaging, Inc. has a 12-month low of $40.72 and a 12-month high of $51.15. The stock’s 50 day moving average price is $48.37 and its 200 day moving average price is $47.00.

Electronics for Imaging (NASDAQ:EFII) last announced its earnings results on Thursday, April 20th. The technology company reported $0.55 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.55. Electronics for Imaging had a net margin of 4.96% and a return on equity of 7.77%. The company had revenue of $228.70 million for the quarter, compared to the consensus estimate of $239.19 million. During the same period in the previous year, the business earned $0.55 EPS. The company’s revenue was down 2.3% on a year-over-year basis. On average, equities research analysts predict that Electronics for Imaging, Inc. will post $2.59 EPS for the current fiscal year.

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A number of equities research analysts have commented on the company. BidaskClub cut Electronics for Imaging from a “buy” rating to a “hold” rating in a report on Wednesday. Longbow Research cut Electronics for Imaging from a “buy” rating to a “neutral” rating in a report on Thursday, June 22nd. They noted that the move was a valuation call. Zacks Investment Research upgraded Electronics for Imaging from a “sell” rating to a “hold” rating in a report on Tuesday, June 20th. Aegis began coverage on Electronics for Imaging in a report on Tuesday, June 13th. They set a “buy” rating and a $58.00 price objective on the stock. Finally, William Blair restated an “outperform” rating on shares of Electronics for Imaging in a report on Monday, June 12th. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Electronics for Imaging has a consensus rating of “Buy” and a consensus price target of $54.00.

In other news, CEO Guy Gecht sold 13,712 shares of the business’s stock in a transaction on Wednesday, June 28th. The shares were sold at an average price of $47.57, for a total transaction of $652,279.84. Following the transaction, the chief executive officer now directly owns 392,648 shares in the company, valued at approximately $18,678,265.36. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Thomas Georgens sold 25,000 shares of the business’s stock in a transaction on Friday, May 12th. The shares were sold at an average price of $46.56, for a total transaction of $1,164,000.00. Following the transaction, the director now owns 68,500 shares in the company, valued at $3,189,360. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 66,126 shares of company stock worth $3,098,994. 1.88% of the stock is currently owned by corporate insiders.

About Electronics for Imaging

Electronics For Imaging, Inc is engaged in digital printing, focused on the transformation of the printing, packaging, ceramic tile decoration, and textile industries from the use of traditional analog-based printing to digital on-demand printing. It operates through three segments. The Industrial Inkjet segment consists of its VUTEk and Matan super-wide and wide format display graphics, Reggiani textile, Jetrion label and packaging and Cretaprint ceramic tile decoration and construction material industrial digital inkjet printers; ceramic, water-based, and thermoforming ink, and digital inkjet printer parts, and professional services.

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Institutional Ownership by Quarter for Electronics for Imaging (NASDAQ:EFII)

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