Endurance International Group Holdings Inc. (NASDAQ:EIGI) Director Pincus Private Equity Warburg acquired 30,000 shares of the stock in a transaction on Wednesday, September 21st. The stock was bought at an average cost of $8.47 per share, with a total value of $254,100.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Pincus Private Equity Warburg also recently made the following trade(s):

  • On Tuesday, September 20th, Pincus Private Equity Warburg acquired 1,000,000 shares of Endurance International Group Holdings stock. The stock was bought at an average cost of $8.78 per share, with a total value of $8,780,000.00.
  • On Monday, September 19th, Pincus Private Equity Warburg acquired 100,000 shares of Endurance International Group Holdings stock. The stock was bought at an average cost of $8.63 per share, with a total value of $863,000.00.
  • On Friday, August 12th, Pincus Private Equity Warburg acquired 532,000 shares of Endurance International Group Holdings stock. The stock was bought at an average cost of $7.75 per share, with a total value of $4,123,000.00.

Endurance International Group Holdings Inc. (NASDAQ:EIGI) traded down 2.84% on Wednesday, hitting $8.54. 639,030 shares of the company traded hands. The stock’s 50-day moving average is $7.93 and its 200 day moving average is $9.15. Endurance International Group Holdings Inc. has a 12 month low of $6.55 and a 12 month high of $15.48. The firm’s market capitalization is $1.21 billion.

This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/21/endurance-international-group-holdings-inc-eigi-director-acquires-30000-shares.html

Endurance International Group Holdings (NASDAQ:EIGI) last released its quarterly earnings data on Tuesday, August 2nd. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.34 by $0.36. Endurance International Group Holdings had a positive return on equity of 36.84% and a negative net margin of 3.39%. The firm had revenue of $290.70 million for the quarter, compared to analyst estimates of $299.63 million. During the same quarter in the previous year, the business posted ($0.02) earnings per share. Endurance International Group Holdings’s revenue for the quarter was up 60.4% on a year-over-year basis. Equities analysts forecast that Endurance International Group Holdings Inc. will post ($0.43) EPS for the current fiscal year.

A number of large investors have recently added to or reduced their stakes in the company. FMR LLC boosted its stake in Endurance International Group Holdings by 2.7% in the second quarter. FMR LLC now owns 21,066,365 shares of the company’s stock valued at $189,387,000 after buying an additional 549,159 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of Endurance International Group Holdings by 10.8% in the second quarter. Vanguard Group Inc. now owns 4,857,832 shares of the company’s stock worth $43,673,000 after buying an additional 475,082 shares in the last quarter. First Trust Advisors LP boosted its stake in shares of Endurance International Group Holdings by 13.8% in the second quarter. First Trust Advisors LP now owns 2,304,832 shares of the company’s stock worth $20,720,000 after buying an additional 279,073 shares in the last quarter. BlackRock Institutional Trust Company N.A. boosted its stake in shares of Endurance International Group Holdings by 3.1% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 1,596,586 shares of the company’s stock worth $14,353,000 after buying an additional 47,584 shares in the last quarter. Finally, BlackRock Fund Advisors boosted its stake in shares of Endurance International Group Holdings by 1.9% in the second quarter. BlackRock Fund Advisors now owns 1,443,904 shares of the company’s stock worth $12,981,000 after buying an additional 27,115 shares in the last quarter. Hedge funds and other institutional investors own 90.32% of the company’s stock.

Several equities research analysts have issued reports on EIGI shares. Wells Fargo & Co. cut shares of Endurance International Group Holdings from an “outperform” rating to a “market perform” rating in a research report on Wednesday, August 3rd. Jefferies Group reissued a “buy” rating and issued a $9.50 price objective on shares of Endurance International Group Holdings in a research report on Monday, August 22nd. TheStreet cut shares of Endurance International Group Holdings from a “hold” rating to a “sell” rating in a research report on Thursday, August 4th. Morgan Stanley set a $9.00 price objective on shares of Endurance International Group Holdings and gave the company a “hold” rating in a research report on Friday, August 19th. Finally, Zacks Investment Research raised shares of Endurance International Group Holdings from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 19th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $13.06.

About Endurance International Group Holdings

Endurance International Group Holdings, Inc (Endurance) is a provider of cloud-based platform solutions designed to help small and medium-sized businesses (SMBs) succeed online. The Company serves approximately 4.7 million subscribers across the globe with an integrated suite of over 150 products and services.

5 Day Chart for NASDAQ:EIGI

Receive News & Ratings for Endurance International Group Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Endurance International Group Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.