BidaskClub lowered shares of Endurance International Group Holdings, Inc. (NASDAQ:EIGI) from a hold rating to a sell rating in a research report released on Saturday morning.

Other research analysts have also recently issued reports about the stock. Jefferies Group LLC reaffirmed a buy rating and set a $10.50 price target on shares of Endurance International Group Holdings in a research report on Friday, June 23rd. Cantor Fitzgerald reaffirmed a hold rating on shares of Endurance International Group Holdings in a research report on Monday, June 26th. Zacks Investment Research raised shares of Endurance International Group Holdings from a sell rating to a hold rating in a research report on Tuesday, July 11th. Finally, ValuEngine raised shares of Endurance International Group Holdings from a strong sell rating to a sell rating in a research report on Thursday, May 11th. Five investment analysts have rated the stock with a sell rating, one has assigned a hold rating and one has given a buy rating to the stock. The company currently has an average rating of Sell and a consensus price target of $9.00.

Endurance International Group Holdings (NASDAQ:EIGI) opened at 7.80 on Friday. Endurance International Group Holdings has a one year low of $6.20 and a one year high of $9.85. The firm’s market capitalization is $1.07 billion. 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 earnings results on Tuesday, August 1st. The software maker reported ($0.29) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.18) by $0.11. Endurance International Group Holdings had a negative return on equity of 112.02% and a negative net margin of 12.05%. The company had revenue of $292.26 million during the quarter, compared to analyst estimates of $289.40 million. During the same period in the prior year, the business posted ($0.21) earnings per share. Endurance International Group Holdings’s revenue was up .5% on a year-over-year basis. Analysts forecast that Endurance International Group Holdings will post ($0.81) earnings per share for the current year.

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In related news, insider John Orlando sold 17,732 shares of Endurance International Group Holdings stock in a transaction on Monday, May 15th. The shares were sold at an average price of $7.90, for a total value of $140,082.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Katherine J. Andreasen sold 20,000 shares of Endurance International Group Holdings stock in a transaction on Tuesday, May 16th. The stock was sold at an average price of $8.00, for a total transaction of $160,000.00. The disclosure for this sale can be found here. Over the last three months, insiders have sold 47,545 shares of company stock worth $378,396. Corporate insiders own 58.20% of the company’s stock.

Hedge funds have recently modified their holdings of the company. Cutler Group LP raised its stake in shares of Endurance International Group Holdings by 586.7% in the second quarter. Cutler Group LP now owns 14,517 shares of the software maker’s stock worth $121,000 after buying an additional 17,500 shares during the period. Nine Chapters Capital Management LLC bought a new stake in shares of Endurance International Group Holdings during the first quarter worth about $122,000. Stevens Capital Management LP bought a new stake in shares of Endurance International Group Holdings during the first quarter worth about $143,000. Invictus RG bought a new stake in shares of Endurance International Group Holdings during the first quarter worth about $145,000. Finally, Karp Capital Management Corp bought a new stake in shares of Endurance International Group Holdings during the first quarter worth about $146,000. Institutional investors and hedge funds own 85.51% of the company’s stock.

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 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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