Endurance International Group Holdings Inc (NASDAQ:EIGI) has been given a consensus rating of “Hold” by the nine brokerages that are currently covering the company. Four equities research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and one has assigned a buy recommendation to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $8.60.

A number of analysts have recently weighed in on EIGI shares. Morgan Stanley reiterated an “underweight” rating and issued a $8.50 price objective on shares of Endurance International Group Holdings in a research note on Tuesday, February 21st. Zacks Investment Research lowered shares of Endurance International Group Holdings from a “buy” rating to a “hold” rating in a research note on Thursday, February 23rd. Jefferies Group LLC increased their price objective on shares of Endurance International Group Holdings from $9.50 to $10.50 and gave the stock a “buy” rating in a research note on Friday, February 17th. Cantor Fitzgerald reiterated a “hold” rating and issued a $9.00 price objective on shares of Endurance International Group Holdings in a research note on Wednesday, March 29th. Finally, ValuEngine upgraded shares of Endurance International Group Holdings from a “strong sell” rating to a “sell” rating in a research note on Thursday, May 11th.

In other news, CFO Marc Montagner sold 102,282 shares of the firm’s stock in a transaction dated Tuesday, April 4th. The shares were sold at an average price of $7.64, for a total value of $781,434.48. Following the transaction, the chief financial officer now directly owns 307,400 shares of the company’s stock, valued at $2,348,536. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider John Orlando sold 7,355 shares of the firm’s stock in a transaction dated Wednesday, May 3rd. The stock was sold at an average price of $7.33, for a total transaction of $53,912.15. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 158,268 shares of company stock worth $1,218,537. 56.50% of the stock is owned by company insiders.

Several institutional investors have recently bought and sold shares of EIGI. New York State Common Retirement Fund increased its position in Endurance International Group Holdings by 280.9% in the third quarter. New York State Common Retirement Fund now owns 225,896 shares of the software maker’s stock valued at $1,977,000 after buying an additional 166,596 shares in the last quarter. Profund Advisors LLC increased its position in Endurance International Group Holdings by 14.4% in the third quarter. Profund Advisors LLC now owns 59,239 shares of the software maker’s stock valued at $518,000 after buying an additional 7,470 shares in the last quarter. Okumus Fund Management Ltd. increased its position in 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. Robertson Stephens Advisors LLC acquired a new position in Endurance International Group Holdings during the fourth quarter valued at $1,083,000. Finally, State Street Corp increased its position in 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. 85.90% of the stock is currently owned by hedge funds and other institutional investors.

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Endurance International Group Holdings (NASDAQ:EIGI) remained flat at $7.65 during midday trading on Monday. The company had a trading volume of 495,180 shares. The company’s 50-day moving average is $7.47 and its 200-day moving average is $8.00. The stock’s market cap is $1.09 billion. Endurance International Group Holdings has a 52 week low of $6.20 and a 52 week high of $9.85.

Endurance International Group Holdings (NASDAQ:EIGI) last released its quarterly earnings data on Tuesday, May 2nd. The software maker reported ($0.07) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.21) by $0.14. The firm had revenue of $295.10 million for the quarter, compared to analyst estimates 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 business’s quarterly revenue was up 24.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.16 earnings per share. On average, equities research analysts forecast that Endurance International Group Holdings will post ($0.75) earnings per share for the current year.

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.

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