Nicholas Company Inc. held its position in Electronics for Imaging, Inc. (NASDAQ:EFII) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 97,635 shares of the technology company’s stock at the close of the second quarter. Nicholas Company Inc. owned 0.21% of Electronics for Imaging worth $4,625,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the business. Nationwide Fund Advisors boosted its stake in Electronics for Imaging by 12.9% in the second quarter. Nationwide Fund Advisors now owns 252,149 shares of the technology company’s stock worth $11,947,000 after purchasing an additional 28,827 shares in the last quarter. Icon Advisers Inc. Co. boosted its stake in Electronics for Imaging by 9.2% in the second quarter. Icon Advisers Inc. Co. now owns 27,300 shares of the technology company’s stock worth $1,293,000 after purchasing an additional 2,300 shares in the last quarter. Riverhead Capital Management LLC boosted its stake in Electronics for Imaging by 75.2% in the second quarter. Riverhead Capital Management LLC now owns 4,730 shares of the technology company’s stock worth $224,000 after purchasing an additional 2,030 shares in the last quarter. Oak Ridge Investments LLC boosted its stake in Electronics for Imaging by 2.6% in the second quarter. Oak Ridge Investments LLC now owns 613,306 shares of the technology company’s stock worth $29,058,000 after purchasing an additional 15,264 shares in the last quarter. Finally, Chatham Capital Group Inc. boosted its stake in Electronics for Imaging by 8.6% in the second quarter. Chatham Capital Group Inc. now owns 29,000 shares of the technology company’s stock worth $1,374,000 after purchasing an additional 2,287 shares in the last quarter.

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EFII has been the topic of a number of recent analyst reports. Barclays PLC reissued a “buy” rating and issued a $47.00 price objective on shares of Electronics for Imaging in a research note on Thursday. ValuEngine lowered Electronics for Imaging from a “hold” rating to a “sell” rating in a research note on Friday, September 8th. TheStreet lowered Electronics for Imaging from a “b-” rating to a “c” rating in a research note on Friday, August 4th. Morgan Stanley lowered Electronics for Imaging from an “equal weight” rating to an “underweight” rating in a research note on Friday, August 4th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $48.00 price target (up previously from $45.00) on shares of Electronics for Imaging in a research note on Tuesday, September 12th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and ten have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $50.70.

Electronics for Imaging, Inc. (EFII) opened at 41.59 on Monday. Electronics for Imaging, Inc. has a 52 week low of $25.54 and a 52 week high of $51.15. The firm has a market cap of $1.93 billion, a price-to-earnings ratio of 43.10 and a beta of 1.27. The stock’s 50 day moving average price is $36.71 and its 200 day moving average price is $44.90.

Electronics for Imaging (NASDAQ:EFII) last issued its quarterly earnings data on Monday, September 11th. The technology company reported $0.54 earnings per share for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.02). The firm had revenue of $247.00 million for the quarter, compared to the consensus estimate of $247.65 million. Electronics for Imaging had a return on equity of 5.58% and a net margin of 4.70%. The company’s revenue was up .5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.56 EPS. On average, equities research analysts predict that Electronics for Imaging, Inc. will post $2.44 EPS for the current year.

Electronics for Imaging declared that its Board of Directors has approved a stock buyback program on Monday, September 11th that authorizes the company to buyback $125.00 million in outstanding shares. This buyback authorization authorizes the technology company to repurchase shares of its stock through open market purchases. Shares buyback programs are generally a sign that the company’s management believes its shares are undervalued.

In other Electronics for Imaging news, CEO Guy Gecht sold 9,000 shares of Electronics for Imaging stock in a transaction dated Monday, September 11th. The stock was sold at an average price of $41.02, for a total transaction of $369,180.00. Following the transaction, the chief executive officer now directly owns 377,950 shares of the company’s stock, valued at approximately $15,503,509. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold a total of 45,458 shares of company stock worth $2,118,405 over the last ninety days. Company insiders own 1.88% of the company’s stock.

Electronics for Imaging 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.

Institutional Ownership by Quarter for Electronics for Imaging (NASDAQ:EFII)

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