Electronics For Imaging, Inc. (NASDAQ:EFII)’s share price shot up 5% during trading on Friday . The stock traded as high as $31.02 and last traded at $30.98. 527,129 shares changed hands during mid-day trading, an increase of 5% from the average session volume of 499,662 shares. The stock had previously closed at $29.50.

Several brokerages have commented on EFII. Barclays lowered shares of Electronics For Imaging from an “equal weight” rating to an “underweight” rating and dropped their price target for the company from $33.00 to $31.00 in a research note on Wednesday, January 10th. William Blair lowered shares of Electronics For Imaging from an “outperform” rating to a “market perform” rating in a research note on Friday, October 27th. Zacks Investment Research upgraded shares of Electronics For Imaging from a “sell” rating to a “hold” rating in a research note on Tuesday, December 26th. Stifel Nicolaus dropped their price target on shares of Electronics For Imaging from $49.00 to $42.00 and set a “buy” rating on the stock in a research note on Friday, October 27th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $48.00 price target on shares of Electronics For Imaging in a research note on Friday, October 13th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have given a buy rating to the company’s stock. Electronics For Imaging currently has a consensus rating of “Hold” and a consensus price target of $43.00.

The company has a debt-to-equity ratio of 0.38, a current ratio of 2.63 and a quick ratio of 2.20. The company has a market capitalization of $1,415.51, a PE ratio of 47.66 and a beta of 1.26.

Electronics For Imaging (NASDAQ:EFII) last announced its earnings results on Thursday, October 26th. The technology company reported $0.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.10). The business had revenue of $248.36 million for the quarter, compared to analysts’ expectations of $258.09 million. Electronics For Imaging had a return on equity of 3.67% and a net margin of 3.09%. The business’s revenue was up 1.1% on a year-over-year basis. During the same quarter last year, the business posted $0.58 earnings per share. analysts forecast that Electronics For Imaging, Inc. will post 0.34 earnings per share for the current fiscal year.

In other news, CEO Guy Gecht sold 9,000 shares of the firm’s stock in a transaction that occurred on Friday, October 27th. The shares were sold at an average price of $29.50, for a total transaction of $265,500.00. Following the transaction, the chief executive officer now directly owns 354,141 shares in the company, valued at $10,447,159.50. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Dan Maydan sold 6,500 shares of the firm’s stock in a transaction that occurred on Thursday, November 9th. The stock was sold at an average price of $30.87, for a total transaction of $200,655.00. Following the transaction, the director now owns 33,310 shares in the company, valued at $1,028,279.70. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 42,500 shares of company stock worth $1,269,225. Insiders own 1.88% of the company’s stock.

Several hedge funds and other institutional investors have recently modified their holdings of EFII. Schwab Charles Investment Management Inc. lifted its holdings in shares of Electronics For Imaging by 2.2% during the second quarter. Schwab Charles Investment Management Inc. now owns 286,633 shares of the technology company’s stock worth $13,581,000 after purchasing an additional 6,279 shares during the period. SG Americas Securities LLC acquired a new stake in shares of Electronics For Imaging during the second quarter worth $108,000. Neuberger Berman Group LLC acquired a new stake in shares of Electronics For Imaging during the second quarter worth $249,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Electronics For Imaging by 9.5% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,504 shares of the technology company’s stock worth $119,000 after purchasing an additional 217 shares during the period. Finally, Riverhead Capital Management LLC lifted its holdings in shares of Electronics For Imaging by 75.2% during 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 during the period.

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About Electronics For Imaging

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.

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