Algert Global LLC increased its position in shares of Endurance International Group Holdings, Inc. (NASDAQ:EIGI) by 3.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 75,361 shares of the software maker’s stock after buying an additional 2,816 shares during the period. Algert Global LLC’s holdings in Endurance International Group Holdings were worth $629,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. American International Group Inc. increased its stake in Endurance International Group Holdings by 7.1% in the first quarter. American International Group Inc. now owns 36,962 shares of the software maker’s stock worth $290,000 after buying an additional 2,452 shares during the period. Teachers Advisors LLC increased its stake in Endurance International Group Holdings by 2.7% in the fourth quarter. Teachers Advisors LLC now owns 98,441 shares of the software maker’s stock worth $916,000 after buying an additional 2,605 shares during the period. Metropolitan Life Insurance Co. NY increased its stake in Endurance International Group Holdings by 7.2% in the first quarter. Metropolitan Life Insurance Co. NY now owns 40,694 shares of the software maker’s stock worth $319,000 after buying an additional 2,723 shares during the period. Aperio Group LLC increased its stake in Endurance International Group Holdings by 32.5% in the second quarter. Aperio Group LLC now owns 24,651 shares of the software maker’s stock worth $206,000 after buying an additional 6,044 shares during the period. Finally, JPMorgan Chase & Co. increased its stake in Endurance International Group Holdings by 14.3% in the first quarter. JPMorgan Chase & Co. now owns 55,912 shares of the software maker’s stock worth $438,000 after buying an additional 7,011 shares during the period. 85.51% of the stock is currently owned by institutional investors and hedge funds.

Shares of Endurance International Group Holdings, Inc. (NASDAQ:EIGI) opened at 7.55 on Friday. The stock’s market capitalization is $1.08 billion. The company’s 50-day moving average is $8.52 and its 200 day moving average is $8.07. Endurance International Group Holdings, Inc. has a 52 week low of $6.20 and a 52 week high of $9.85.

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 122.84% 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. On average, equities analysts forecast that Endurance International Group Holdings, Inc. will post ($0.85) EPS for the current fiscal year.

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A number of research firms have recently issued reports on EIGI. Zacks Investment Research raised shares of Endurance International Group Holdings from a “sell” rating to a “hold” rating in a research note on Tuesday, July 11th. Cantor Fitzgerald reissued a “hold” rating on shares of Endurance International Group Holdings in a research note on Monday, June 26th. Jefferies Group LLC reissued a “buy” rating and issued a $10.50 price target on shares of Endurance International Group Holdings in a research note on Friday, June 23rd. BidaskClub downgraded shares of Endurance International Group Holdings from a “hold” rating to a “sell” rating in a research note on Saturday, August 5th. Finally, ValuEngine raised shares of Endurance International Group Holdings from a “strong sell” rating to a “sell” rating in a research note on Thursday, May 11th. Five investment analysts have rated the stock with a sell rating, one has given a hold rating and one has given a buy rating to the stock. Endurance International Group Holdings has an average rating of “Sell” and a consensus target price of $9.00.

In related news, insider Katherine J. Andreasen sold 5,000 shares of the firm’s stock in a transaction that occurred on Friday, May 19th. The shares were sold at an average price of $7.58, for a total value of $37,900.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider John Orlando sold 17,732 shares of the firm’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 transaction of $140,082.80. The disclosure for this sale can be found here. Insiders sold 47,545 shares of company stock worth $378,396 in the last 90 days. 58.20% of the stock is currently owned by insiders.

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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Institutional Ownership by Quarter for Endurance International Group Holdings (NASDAQ:EIGI)

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