Share on StockTwits

Endurance International Group Hldgs (NASDAQ:EIGI) Director Peter J. Perrone bought 15,000 shares of Endurance International Group Hldgs stock in a transaction dated Tuesday, August 12th. The shares were purchased at an average price of $13.73 per share, with a total value of $205,950.00. Following the completion of the transaction, the director now directly owns 15,000 shares of the company’s stock, valued at approximately $205,950. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link.

Shares of Endurance International Group Hldgs (NASDAQ:EIGI) traded up 0.51% during mid-day trading on Tuesday, hitting $13.79. 260,820 shares of the company’s stock traded hands. Endurance International Group Hldgs has a 52 week low of $10.41 and a 52 week high of $16.33. The stock has a 50-day moving average of $14.2 and a 200-day moving average of $13.49. The company’s market cap is $1.782 billion. Endurance International Group Hldgs also saw a significant decrease in short interest in the month of July. As of July 31st, there was short interest totalling 6,946,583 shares, a decrease of 11.3% from the July 15th total of 7,828,616 shares. Currently, 13.5% of the company’s shares are short sold. Based on an average trading volume of 220,295 shares, the short-interest ratio is presently 31.5 days.

Endurance International Group Hldgs (NASDAQ:EIGI) last issued its quarterly earnings data on Thursday, August 7th. The company reported ($0.11) EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.26 by $0.37. The company had revenue of $152.00 million for the quarter, compared to the consensus estimate of $156.45 million. Analysts expect that Endurance International Group Hldgs will post $1.01 EPS for the current fiscal year.

A number of research firms have recently commented on EIGI. Analysts at Jefferies Group raised their price target on shares of Endurance International Group Hldgs from $22.00 to $23.00 in a research note on Friday. Separately, analysts at Goldman Sachs downgraded shares of Endurance International Group Hldgs from a “buy” rating to a “neutral” rating in a research note on Thursday, August 7th. They now have a $15.00 price target on the stock. Finally, analysts at Morgan Stanley reiterated an “overweight” rating on shares of Endurance International Group Hldgs in a research note on Wednesday, June 25th. They now have a $16.00 price target on the stock. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. Endurance International Group Hldgs presently has an average rating of “Buy” and a consensus target price of $18.40.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.