Insider Selling: Electronics for Imaging Director Sells 1,375 Shares of Stock (EFII)
Electronics for Imaging (NASDAQ:EFII) Director Dan Maydan sold 1,375 shares of the stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $43.09, for a total transaction of $59,248.75. Following the completion of the sale, the director now directly owns 12,560 shares in the company, valued at approximately $541,210. The sale was disclosed in a document filed with the SEC, which is available at this link.
A number of research firms have recently commented on EFII. Analysts at Thomson Reuters/Verus upgraded shares of Electronics for Imaging from a “hold” rating to a “buy” rating in a research note on Monday, February 3rd. Separately, analysts at Griffin Securities downgraded shares of Electronics for Imaging from a “buy” rating to a “neutral” rating in a research note on Wednesday, January 29th. Finally, analysts at Barclays initiated coverage on shares of Electronics for Imaging in a research note on Wednesday, January 22nd. They set an “overweight” rating and a $47.00 price target on the stock. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $45.35.
Electronics for Imaging (NASDAQ:EFII) traded down 0.97% on Wednesday, hitting $42.70. 269,015 shares of the company’s stock traded hands. Electronics for Imaging has a 52 week low of $22.67 and a 52 week high of $43.88. The stock has a 50-day moving average of $40.29 and a 200-day moving average of $35.27. The company has a market cap of $2.083 billion and a price-to-earnings ratio of 19.11.
Electronics for Imaging (NASDAQ:EFII) last posted its quarterly earnings results on Monday, January 27th. The company reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.05. The company had revenue of $197.20 million for the quarter, compared to the consensus estimate of $189.52 million. During the same quarter in the previous year, the company posted $0.42 earnings per share. The company’s revenue for the quarter was up 13.3% on a year-over-year basis. Analysts expect that Electronics for Imaging will post $1.79 EPS for the current fiscal year.
Electronics For Imaging, Inc (NASDAQ:EFII), is a provider of digital printing innovation focused on the transformation of the printing, packaging, and decorative industries from the use of traditional analog based presses to digital on-demand printing.
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