Insider Buying: Endo International PLC (ENDP) EVP Purchases 3,000 Shares of Stock
Endo International PLC (NASDAQ:ENDP) EVP Matthew Joseph Maletta acquired 3,000 shares of the company’s stock in a transaction dated Tuesday, August 15th. The stock was bought at an average cost of $8.02 per share, for a total transaction of $24,060.00. Following the completion of the transaction, the executive vice president now directly owns 6,984 shares of the company’s stock, valued at $56,011.68. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Endo International PLC (ENDP) traded up 6.82% during trading on Tuesday, reaching $8.14. 9,968,740 shares of the company’s stock traded hands. The stock’s market cap is $1.82 billion. The company’s 50 day moving average is $10.81 and its 200-day moving average is $11.52. Endo International PLC has a 52-week low of $7.41 and a 52-week high of $24.93.
Endo International PLC (NASDAQ:ENDP) last released its quarterly earnings data on Tuesday, August 8th. The company reported $0.93 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.74 by $0.19. The business had revenue of $875.73 million for the quarter, compared to the consensus estimate of $832.66 million. Endo International PLC had a negative net margin of 126.93% and a positive return on equity of 37.58%. The company’s revenue was down 4.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.86 earnings per share. On average, analysts anticipate that Endo International PLC will post $3.52 earnings per share for the current fiscal year.
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Several equities analysts have recently weighed in on ENDP shares. Canaccord Genuity reissued a “hold” rating and issued a $14.00 price objective on shares of Endo International PLC in a research report on Monday, April 17th. Vetr lowered shares of Endo International PLC from a “strong-buy” rating to a “hold” rating and set a $11.34 price objective on the stock. in a research report on Thursday, April 27th. BMO Capital Markets reissued a “hold” rating and issued a $15.00 price objective on shares of Endo International PLC in a research report on Monday, May 1st. Zacks Investment Research raised shares of Endo International PLC from a “sell” rating to a “hold” rating in a research report on Tuesday, May 2nd. Finally, Mizuho reissued a “buy” rating and issued a $19.00 price objective (up from $18.00) on shares of Endo International PLC in a research report on Thursday, May 25th. Three research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and five have given a buy rating to the company. Endo International PLC currently has a consensus rating of “Hold” and an average price target of $14.75.
A number of large investors have recently added to or reduced their stakes in the stock. Piedmont Investment Advisors LLC increased its stake in Endo International PLC by 43.4% in the second quarter. Piedmont Investment Advisors LLC now owns 59,211 shares of the company’s stock valued at $661,000 after buying an additional 17,928 shares during the period. Nomura Holdings Inc. acquired a new stake in Endo International PLC during the second quarter valued at approximately $745,000. Flinton Capital Management LLC increased its stake in Endo International PLC by 64.4% in the second quarter. Flinton Capital Management LLC now owns 20,400 shares of the company’s stock valued at $228,000 after buying an additional 7,990 shares during the period. Bank of Hawaii acquired a new stake in Endo International PLC during the second quarter valued at approximately $180,000. Finally, Parametric Portfolio Associates LLC increased its stake in Endo International PLC by 18.7% in the second quarter. Parametric Portfolio Associates LLC now owns 398,099 shares of the company’s stock valued at $4,447,000 after buying an additional 62,822 shares during the period. 92.27% of the stock is currently owned by institutional investors and hedge funds.
Endo International PLC Company Profile
Endo International PLC, formerly Endo Health Solutions Inc is a specialty healthcare solutions company focused on branded and generic pharmaceuticals, devices and services. The Company has a portfolio of branded pharmaceuticals that includes brands, such as Lidoderm, Opana ER, Voltaren Gel, Percocet, Frova, Supprelin LA, Vantas, Valstar and Fortesta Gel.
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