Zacks Investment Research lowered shares of Endurance International Group Holdings, Inc. (NASDAQ:EIGI) from a hold rating to a sell rating in a research report report published on Friday morning.

According to Zacks, “Endurance International Group Holdings, Inc. is a provider of cloud-based solutions. Its solutions are designed to help small- and medium-sized businesses. The Company’s products and services includes initial Website design and creation, email and commerce solutions as well as offerings, such as scalable and on-demand computing, security, storage and bandwidth, online marketing, mobile and productivity solutions, Web Presence and Commerce Offerings, Computing Resources and Security Offerings, Marketing Solutions and Productivity Tools. Endurance International Group Holdings, Inc. is headquartered in Burlington, Massachusetts. “

Other analysts have also recently issued reports about the company. Jefferies Group LLC restated a buy rating and set a $10.50 price target on shares of Endurance International Group Holdings in a report on Monday, April 24th. BidaskClub upgraded Endurance International Group Holdings from a hold rating to a buy rating in a report on Thursday, July 13th. Cantor Fitzgerald restated a hold rating on shares of Endurance International Group Holdings in a report on Monday, June 26th. Finally, ValuEngine upgraded Endurance International Group Holdings from a strong sell rating to a sell rating in a report on Thursday, May 11th. Five research analysts have rated the stock with a sell rating, one has given a hold rating and one has issued a buy rating to the stock. The stock has an average rating of Sell and an average price target of $9.00.

Shares of Endurance International Group Holdings (EIGI) traded up 2.63% on Friday, hitting $7.80. 503,813 shares of the stock traded hands. The stock’s market cap is $1.07 billion. Endurance International Group Holdings has a 1-year low of $6.20 and a 1-year high of $9.85. The stock has a 50 day moving average of $8.65 and a 200-day moving average of $8.08.

Endurance International Group Holdings (NASDAQ:EIGI) last released its quarterly earnings results on Tuesday, August 1st. The software maker reported ($0.29) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.18) by $0.11. The firm had revenue of $292.26 million for the quarter, compared to the consensus estimate of $289.40 million. Endurance International Group Holdings had a negative return on equity of 112.02% and a negative net margin of 12.05%. The business’s revenue for the quarter was up .5% on a year-over-year basis. During the same quarter last year, the firm posted ($0.21) earnings per share. On average, equities research analysts expect that Endurance International Group Holdings will post ($0.81) EPS for the current year.

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In related news, insider Katherine J. Andreasen sold 20,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 16th. The stock was sold at an average price of $8.00, for a total value of $160,000.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider John Orlando sold 17,732 shares of the company’s stock in a transaction that occurred on Monday, May 15th. The shares were sold at an average price of $7.90, for a total value of $140,082.80. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 47,545 shares of company stock worth $378,396. Company insiders own 58.20% of the company’s stock.

Hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its stake in shares of Endurance International Group Holdings by 1.0% in the first quarter. Vanguard Group Inc. now owns 5,041,355 shares of the software maker’s stock valued at $39,575,000 after buying an additional 49,395 shares during the last quarter. First Trust Advisors LP boosted its stake in shares of Endurance International Group Holdings by 28.4% in the second quarter. First Trust Advisors LP now owns 4,397,050 shares of the software maker’s stock valued at $36,715,000 after buying an additional 971,296 shares during the last quarter. State Street Corp boosted its stake in shares of Endurance International Group Holdings by 6.8% in the fourth quarter. State Street Corp now owns 1,060,111 shares of the software maker’s stock valued at $9,860,000 after buying an additional 67,489 shares during the last quarter. Norges Bank bought a new stake in shares of Endurance International Group Holdings during the fourth quarter valued at approximately $8,722,000. Finally, Morgan Stanley boosted its stake in shares of Endurance International Group Holdings by 25.7% in the first quarter. Morgan Stanley now owns 806,858 shares of the software maker’s stock valued at $6,333,000 after buying an additional 164,827 shares during the last quarter. Institutional investors and hedge funds own 85.51% of the company’s stock.

About Endurance International Group Holdings

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 operates through two segments: Web Presence and Email Marketing. The Company’s Web presence segment consists of Web hosting, domains and the related products and services.

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