Electronics For Imaging, Inc. (EFII) Stake Increased by Dimensional Fund Advisors LP
Dimensional Fund Advisors LP raised its position in Electronics For Imaging, Inc. (NASDAQ:EFII) by 12.9% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 2,653,150 shares of the technology company’s stock after acquiring an additional 303,845 shares during the period. Dimensional Fund Advisors LP owned 0.06% of Electronics For Imaging worth $86,387,000 as of its most recent filing with the SEC.
Several other hedge funds have also recently added to or reduced their stakes in EFII. Amalgamated Bank acquired a new stake in shares of Electronics For Imaging in the 2nd quarter worth $213,000. Crossmark Global Holdings Inc. acquired a new stake in shares of Electronics For Imaging in the second quarter valued at about $237,000. Xact Kapitalforvaltning AB acquired a new stake in shares of Electronics For Imaging in the second quarter valued at about $281,000. Cornerstone Wealth Management LLC acquired a new stake in shares of Electronics For Imaging in the second quarter valued at about $290,000. Finally, FDx Advisors Inc. acquired a new stake in shares of Electronics For Imaging in the second quarter valued at about $306,000.
NASDAQ:EFII opened at $33.17 on Friday. The company has a quick ratio of 2.15, a current ratio of 2.55 and a debt-to-equity ratio of 0.43. Electronics For Imaging, Inc. has a twelve month low of $25.28 and a twelve month high of $43.89. The stock has a market cap of $1.44 billion, a price-to-earnings ratio of 120.52, a price-to-earnings-growth ratio of 23.99 and a beta of 1.08.
In other Electronics For Imaging news, insider Guy Gecht sold 9,000 shares of the firm’s stock in a transaction dated Monday, August 27th. The shares were sold at an average price of $34.78, for a total transaction of $313,020.00. Following the completion of the transaction, the insider now directly owns 282,367 shares in the company, valued at approximately $9,820,724.26. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have sold a total of 27,000 shares of company stock valued at $917,100 over the last 90 days. 1.63% of the stock is currently owned by insiders.
Several analysts recently commented on EFII shares. BidaskClub upgraded shares of Electronics For Imaging from a “sell” rating to a “hold” rating in a research note on Thursday, May 17th. TheStreet upgraded shares of Electronics For Imaging from a “d+” rating to a “c” rating in a research note on Tuesday, May 29th. Zacks Investment Research upgraded shares of Electronics For Imaging from a “hold” rating to a “strong-buy” rating and set a $38.00 price objective for the company in a research note on Friday, August 3rd. Finally, ValuEngine upgraded shares of Electronics For Imaging from a “hold” rating to a “buy” rating in a research note on Tuesday, August 7th. Three analysts have rated the stock with a sell rating, three have assigned a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $38.13.
Electronics For Imaging Profile
Electronics for Imaging, Inc provides industrial format display graphics, corrugated packaging and display, textile, and ceramic tile decoration digital inkjet printers worldwide. Its Industrial Inkjet segment offers VUTEk format display graphics, Nozomi corrugated packaging and display, Reggiani textile, and Cretaprint ceramic tile decoration and building material industrial digital inkjet printers; digital ultra-violet curable, light emitting diode curable, ceramic, water-based, thermoforming, and specialty inks; various textile inks, including dye sublimation, pigmented, reactive dye, acid dye, pure disperse dye, and water-based dispersed printing inks, as well as coatings; digital inkjet printer parts; and professional services.
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