Endurance International Group Holdings Inc (NASDAQ:EIGI) insider Katherine J. Andreasen sold 5,000 shares of Endurance International Group Holdings stock in a transaction that occurred on Friday, May 19th. The stock was sold at an average price of $7.58, for a total transaction of $37,900.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Katherine J. Andreasen also recently made the following trade(s):

  • On Tuesday, May 16th, Katherine J. Andreasen sold 20,000 shares of Endurance International Group Holdings stock. The stock was sold at an average price of $8.00, for a total transaction of $160,000.00.

Shares of Endurance International Group Holdings Inc (NASDAQ:EIGI) remained flat at $7.55 during midday trading on Tuesday. 390,220 shares of the company’s stock were exchanged. Endurance International Group Holdings Inc has a one year low of $6.20 and a one year high of $9.85. The stock’s 50 day moving average is $7.46 and its 200 day moving average is $8.00. The stock’s market cap is $1.08 billion.

Endurance International Group Holdings (NASDAQ:EIGI) last issued its quarterly earnings results on Tuesday, May 2nd. The software maker reported ($0.07) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.21) by $0.14. The business had revenue of $295.10 million for the quarter, compared to analysts’ expectations of $286.89 million. Endurance International Group Holdings had a negative net margin of 4.66% and a positive return on equity of 18.29%. The company’s revenue was up 24.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.16 EPS. On average, equities analysts anticipate that Endurance International Group Holdings Inc will post ($0.75) EPS for the current year.

Insider Buying and Selling by Quarter for Endurance International Group Holdings (NASDAQ:EIGI)

WARNING: This story was originally reported by American Banking News and is owned by of American Banking News. If you are viewing this story on another website, it was stolen and republished in violation of United States & international copyright and trademark law. The legal version of this story can be read at https://www.americanbankingnews.com/2017/05/23/insider-selling-endurance-international-group-holdings-inc-eigi-insider-sells-5000-shares-of-stock.html.

A number of equities research analysts have issued reports on the stock. Cantor Fitzgerald reissued a “hold” rating and set a $9.00 target price on shares of Endurance International Group Holdings in a report on Wednesday, March 29th. Morgan Stanley reissued an “underweight” rating and set a $8.50 target price on shares of Endurance International Group Holdings in a report on Tuesday, February 21st. Jefferies Group LLC reissued a “buy” rating and set a $10.50 target price on shares of Endurance International Group Holdings in a report on Monday, April 24th. Zacks Investment Research raised shares of Endurance International Group Holdings from a “hold” rating to a “buy” rating and set a $10.00 target price on the stock in a report on Wednesday, February 22nd. Finally, ValuEngine raised shares of Endurance International Group Holdings from a “strong sell” rating to a “sell” rating in a report on Thursday, May 11th. Four research analysts have rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $8.83.

Hedge funds and other institutional investors have recently modified their holdings of the company. State Street Corp boosted its position in shares of Endurance International Group Holdings by 6.8% in the fourth quarter. State Street Corp now owns 1,060,111 shares of the software maker’s stock valued at $9,860,000 after buying an additional 67,489 shares in the last quarter. Okumus Fund Management Ltd. boosted its position in shares of Endurance International Group Holdings by 600.2% in the third quarter. Okumus Fund Management Ltd. now owns 6,989,412 shares of the software maker’s stock valued at $61,157,000 after buying an additional 5,991,191 shares in the last quarter. Wells Fargo & Company MN boosted its position in shares of Endurance International Group Holdings by 43.8% in the third quarter. Wells Fargo & Company MN now owns 5,969,355 shares of the software maker’s stock valued at $52,232,000 after buying an additional 1,819,253 shares in the last quarter. Algert Global LLC acquired a new position in shares of Endurance International Group Holdings during the first quarter valued at $569,000. Finally, Tudor Investment Corp Et Al acquired a new position in shares of Endurance International Group Holdings during the fourth quarter valued at $241,000. Institutional investors and hedge funds own 85.90% of the company’s stock.

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 operates through two segments: Web Presence and Email Marketing. The Company’s Web presence segment consists of Web hosting, domains and the related products and services.

12 Month 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.