Shares of Endurance International Group Holdings, Inc. (NASDAQ:EIGI) have been given a consensus recommendation of “Sell” by the seven research firms that are presently covering the firm, Marketbeat.com reports. Five equities research analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation and one has assigned a buy recommendation to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $8.67.

Several equities analysts recently commented on the company. Zacks Investment Research raised Endurance International Group Holdings from a “sell” rating to a “hold” rating in a research report on Tuesday, July 11th. Cantor Fitzgerald reissued a “hold” rating on shares of Endurance International Group Holdings in a research report on Monday, June 26th. Jefferies Group LLC reissued 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. BidaskClub lowered Endurance International Group Holdings from a “hold” rating to a “sell” rating in a research report on Saturday, August 5th. Finally, ValuEngine raised Endurance International Group Holdings from a “strong sell” rating to a “sell” rating in a research report on Thursday, May 11th.

In other Endurance International Group Holdings news, insider John Orlando sold 17,732 shares of Endurance International Group Holdings stock in a transaction that occurred on Monday, May 15th. The stock was sold at an average price of $7.90, for a total transaction of $140,082.80. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Katherine J. Andreasen sold 5,000 shares of Endurance International Group Holdings stock in a transaction that occurred on Friday, May 19th. The stock was sold at an average price of $7.58, for a total value of $37,900.00. The disclosure for this sale can be found here. Insiders have sold a total of 47,545 shares of company stock worth $378,396 over the last three months. 58.20% of the stock is currently owned by corporate insiders.

A number of large investors have recently bought and sold shares of EIGI. 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 valued at $290,000 after buying an additional 2,452 shares in the last quarter. 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 valued at $916,000 after buying an additional 2,605 shares in the last quarter. 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 valued at $319,000 after buying an additional 2,723 shares in the last quarter. Algert Global LLC increased its stake in Endurance International Group Holdings by 3.9% in the second quarter. Algert Global LLC now owns 75,361 shares of the software maker’s stock valued at $629,000 after buying an additional 2,816 shares in the last quarter. Finally, Alliancebernstein L.P. increased its stake in Endurance International Group Holdings by 8.8% in the second quarter. Alliancebernstein L.P. now owns 70,600 shares of the software maker’s stock valued at $590,000 after buying an additional 5,700 shares in the last quarter. Institutional investors own 85.51% of the company’s stock.

Endurance International Group Holdings (NASDAQ EIGI) traded up 2.65% on Friday, reaching $7.75. 458,901 shares of the company’s stock were exchanged. Endurance International Group Holdings has a 1-year low of $6.20 and a 1-year high of $9.85. The company’s market capitalization is $1.11 billion. The company has a 50 day moving average price of $8.50 and a 200-day moving average price of $8.07.

Endurance International Group Holdings (NASDAQ:EIGI) last released its quarterly earnings results on Tuesday, August 1st. The software maker reported ($0.29) EPS for the quarter, missing the consensus estimate of ($0.18) by $0.11. The company had revenue of $292.26 million for the quarter, compared to analyst estimates of $289.40 million. Endurance International Group Holdings had a negative return on equity of 122.84% and a negative net margin of 12.05%. The business’s revenue was up .5% on a year-over-year basis. During the same period last year, the firm posted ($0.21) earnings per share. On average, equities research analysts anticipate that Endurance International Group Holdings will post ($0.85) earnings per share for the current year.

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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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