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Endurance International Group Hldgs (NASDAQ:EIGI) was the target of a large drop in short interest during the month of July. As of July 31st, there was short interest totalling 6,946,583 shares, a drop of 11.3% from the July 15th total of 7,828,616 shares, Stock Ratings Network reports. Currently, 13.5% of the shares of the company are sold short. Based on an average daily trading volume, of 220,295 shares, the short-interest ratio is currently 31.5 days.

In other Endurance International Group Hldgs news, Director Peter J. Perrone bought 15,000 shares of the company’s stock on the open market in a transaction dated Tuesday, August 12th. The shares were purchased at an average price of $13.73 per share, for a total transaction of $205,950.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

EIGI has been the subject of a number of recent research reports. 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, August 8th. 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 equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Endurance International Group Hldgs currently has a consensus rating of “Buy” and an average target price of $18.40.

Shares of Endurance International Group Hldgs (NASDAQ:EIGI) opened at 13.79 on Wednesday. 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 $14.20 and a 200-day moving average of $13.5. The company’s market cap is $1.782 billion.

Endurance International Group Hldgs (NASDAQ:EIGI) last released its earnings data on Thursday, August 7th. The company reported ($0.11) earnings per share for the quarter, missing the analysts’ 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.

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