TheStreet downgraded shares of Electronics for Imaging, Inc. (NASDAQ:EFII) from a b- rating to a c rating in a report issued on Friday morning.

EFII has been the subject of several other reports. Morgan Stanley cut Electronics for Imaging from an equal weight rating to an underweight rating in a research note on Friday. Zacks Investment Research cut Electronics for Imaging from a hold rating to a sell rating in a research note on Wednesday, April 26th. ValuEngine upgraded Electronics for Imaging from a sell rating to a hold rating in a research note on Friday, June 2nd. Longbow Research cut Electronics for Imaging from a neutral rating to an underperform rating in a research note on Friday. Finally, BidaskClub cut Electronics for Imaging from a buy rating to a hold rating in a research note on Wednesday, July 19th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and six have assigned a buy rating to the stock. The stock has a consensus rating of Hold and a consensus price target of $54.67.

Shares of Electronics for Imaging (EFII) opened at 28.55 on Friday. The firm has a market capitalization of $1.33 billion, a PE ratio of 28.21 and a beta of 1.23. Electronics for Imaging has a 12-month low of $25.54 and a 12-month high of $51.15. The company’s 50-day moving average price is $48.54 and its 200-day moving average price is $47.28.

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In other news, CEO Guy Gecht sold 9,000 shares of the stock in a transaction on Thursday, July 27th. The stock was sold at an average price of $48.25, for a total value of $434,250.00. Following the completion of the transaction, the chief executive officer now directly owns 386,760 shares in the company, valued at approximately $18,661,170. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Thomas Georgens sold 25,000 shares of the stock in a transaction on Friday, May 12th. The shares were sold at an average price of $46.56, for a total value of $1,164,000.00. Following the completion of the transaction, the director now owns 68,500 shares of the company’s stock, valued at $3,189,360. The disclosure for this sale can be found here. Insiders sold a total of 75,176 shares of company stock valued at $3,563,183 over the last quarter. 1.88% of the stock is owned by corporate insiders.

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. State of Alaska Department of Revenue boosted its position in shares of Electronics for Imaging by 1.8% in the first quarter. State of Alaska Department of Revenue now owns 5,150 shares of the technology company’s stock worth $251,000 after buying an additional 90 shares during the last quarter. 1st Global Advisors Inc. boosted its position in shares of Electronics for Imaging by 1.4% in the first quarter. 1st Global Advisors Inc. now owns 6,942 shares of the technology company’s stock worth $339,000 after buying an additional 99 shares during the last quarter. Louisiana State Employees Retirement System boosted its position in shares of Electronics for Imaging by 0.5% in the first quarter. Louisiana State Employees Retirement System now owns 18,900 shares of the technology company’s stock worth $923,000 after buying an additional 100 shares during the last quarter. Arizona State Retirement System boosted its position in shares of Electronics for Imaging by 0.4% in the first quarter. Arizona State Retirement System now owns 24,169 shares of the technology company’s stock worth $1,180,000 after buying an additional 100 shares during the last quarter. Finally, Municipal Employees Retirement System of Michigan boosted its position in shares of Electronics for Imaging by 0.9% in the first quarter. Municipal Employees Retirement System of Michigan now owns 10,690 shares of the technology company’s stock worth $522,000 after buying an additional 100 shares during the last quarter.

Electronics for Imaging Company Profile

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.

Analyst Recommendations for Electronics for Imaging (NASDAQ:EFII)

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