Endurance International Group Holdings Inc. (NASDAQ:EIGI) Director Pincus Private Equity Warburg acquired 1,000,000 shares of the stock in a transaction dated Tuesday, September 20th. The stock was acquired at an average price of $8.78 per share, for a total transaction of $8,780,000.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

  • On Wednesday, September 21st, Pincus Private Equity Warburg acquired 30,000 shares of Endurance International Group Holdings stock. The stock was acquired at an average price of $8.47 per share, for a total transaction of $254,100.00.
  • On Monday, September 19th, Pincus Private Equity Warburg acquired 100,000 shares of Endurance International Group Holdings stock. The stock was acquired at an average price of $8.63 per share, for a total transaction 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 acquired at an average price of $7.75 per share, for a total transaction of $4,123,000.00.

Endurance International Group Holdings Inc. (NASDAQ:EIGI) traded down 2.84% on Wednesday, hitting $8.54. The stock had a trading volume of 639,030 shares. The firm’s 50 day moving average price is $7.93 and its 200-day moving average price 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 stock’s market cap is $1.21 billion.

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

Several institutional investors have recently modified their holdings of the company. BlackRock Institutional Trust Company N.A. increased its position in shares of Endurance International Group Holdings by 3.6% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 1,549,002 shares of the company’s stock worth $16,311,000 after buying an additional 54,255 shares during 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 during the period. Squarepoint Ops LLC bought a new stake in shares of Endurance International Group Holdings during the first quarter worth $211,000. Acrospire Investment Management LLC boosted its stake in shares of Endurance International Group Holdings by 49.7% in the second quarter. Acrospire Investment Management LLC now owns 22,900 shares of the company’s stock worth $206,000 after buying an additional 7,600 shares during the period. Finally, Granahan Investment Management Inc. MA boosted its stake in shares of Endurance International Group Holdings by 10.6% in the first quarter. Granahan Investment Management Inc. MA now owns 384,237 shares of the company’s stock worth $4,046,000 after buying an additional 36,760 shares during the period. Hedge funds and other institutional investors own 90.32% of the company’s stock.

A number of equities research analysts recently commented on the company. Jefferies Group reiterated a “buy” rating on shares of Endurance International Group Holdings in a research report on Monday, July 11th. Zacks Investment Research upgraded Endurance International Group Holdings from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 19th. Wells Fargo & Co. downgraded Endurance International Group Holdings from an “outperform” rating to a “market perform” rating in a research report on Wednesday, August 3rd. Deutsche Bank AG decreased their target price on Endurance International Group Holdings from $12.00 to $8.00 and set a “hold” rating on the stock in a research report on Wednesday, August 3rd. Finally, TheStreet downgraded Endurance International Group Holdings from a “hold” rating to a “sell” rating in a research report on Thursday, August 4th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the stock. Endurance International Group Holdings presently has an average rating of “Hold” and a consensus target price of $13.06.

Endurance International Group Holdings Company Profile

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

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