Equities research analysts at Capital One Financial Corporation assumed coverage on shares of Electronics for Imaging, Inc. (NASDAQ:EFII) in a note issued to investors on Thursday. The firm set an “overweight” rating on the technology company’s stock.

Other equities analysts have also issued research reports about the stock. Morgan Stanley lowered shares of Electronics for Imaging from an “equal weight” rating to an “underweight” rating in a report on Friday, August 4th. ValuEngine upgraded shares of Electronics for Imaging from a “sell” rating to a “hold” rating in a report on Friday, June 2nd. Longbow Research lowered shares of Electronics for Imaging from a “neutral” rating to an “underperform” rating in a report on Friday, August 4th. BidaskClub lowered shares of Electronics for Imaging from a “buy” rating to a “hold” rating in a report on Wednesday, July 19th. Finally, Loop Capital initiated coverage on shares of Electronics for Imaging in a report on Monday, July 24th. They issued a “buy” rating and a $58.00 price target on the stock. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and nine have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $53.50.

Shares of Electronics for Imaging (EFII) traded down 3.60% during mid-day trading on Thursday, reaching $38.58. The company’s stock had a trading volume of 1,583,490 shares. The company has a market capitalization of $1.79 billion, a price-to-earnings ratio of 38.12 and a beta of 1.27. Electronics for Imaging has a 1-year low of $25.54 and a 1-year high of $51.15. The firm’s 50 day moving average price is $38.39 and its 200-day moving average price is $45.21.

TRADEMARK VIOLATION NOTICE: “Capital One Financial Corporation Begins Coverage on Electronics for Imaging, Inc. (EFII)” was originally reported by American Banking News and is owned by of American Banking News. If you are viewing this piece on another publication, it was illegally stolen and republished in violation of U.S. and international copyright and trademark law. The correct version of this piece can be viewed at https://www.americanbankingnews.com/2017/09/07/electronics-for-imaging-inc-efii-coverage-initiated-by-analysts-at-capital-one-financial-corporation.html.

In other news, CEO Guy Gecht sold 13,712 shares of the firm’s stock in a transaction on Wednesday, June 28th. The shares were sold at an average price of $47.57, for a total value of $652,279.84. Following the transaction, the chief executive officer now owns 392,648 shares of the company’s stock, valued at approximately $18,678,265.36. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In the last three months, insiders sold 36,458 shares of company stock worth $1,749,225. Insiders own 1.88% of the company’s stock.

Several hedge funds have recently modified their holdings of EFII. Walthausen & Co. LLC purchased a new position in shares of Electronics for Imaging in the 1st quarter valued at $18,413,000. Falcon Point Capital LLC purchased a new position in shares of Electronics for Imaging in the 2nd quarter valued at $14,015,000. RK Capital Management LLC purchased a new position in shares of Electronics for Imaging in the 2nd quarter valued at $13,271,000. Fred Alger Management Inc. purchased a new position in shares of Electronics for Imaging in the 2nd quarter valued at $10,746,000. Finally, Westfield Capital Management Co. LP raised its stake in shares of Electronics for Imaging by 33.6% in the 1st quarter. Westfield Capital Management Co. LP now owns 789,935 shares of the technology company’s stock valued at $38,573,000 after acquiring an additional 198,800 shares during the period.

About Electronics for Imaging

Electronics For Imaging, Inc is engaged in digital printing, focused on the transformation of the printing, packaging, ceramic tile decoration, and textile industries from the use of traditional analog-based printing to digital on-demand printing. It operates through three segments. The Industrial Inkjet segment consists of its VUTEk and Matan super-wide and wide format display graphics, Reggiani textile, Jetrion label and packaging and Cretaprint ceramic tile decoration and construction material industrial digital inkjet printers; ceramic, water-based, and thermoforming ink, and digital inkjet printer parts, and professional services.

Analyst Recommendations for Electronics for Imaging (NASDAQ:EFII)

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