Electronics for Imaging, Inc. (NASDAQ:EFII) – Equities researchers at William Blair issued their Q2 2017 earnings estimates for Electronics for Imaging in a report released on Wednesday. William Blair analyst B. Drab expects that the technology company will post earnings per share of $0.08 for the quarter. William Blair has a “Outperform” rating on the stock. William Blair also issued estimates for Electronics for Imaging’s Q3 2017 earnings at $0.09 EPS, Q4 2017 earnings at $0.28 EPS and FY2019 earnings at $1.20 EPS.

EFII has been the subject of several other research reports. TheStreet upgraded shares of Electronics for Imaging from a “c+” rating to a “b-” rating in a research note on Monday, June 5th. Needham & Company LLC restated a “buy” rating and issued a $38.00 target price (down previously from $53.00) on shares of Electronics for Imaging in a research note on Wednesday, August 9th. Citigroup Inc. restated a “buy” rating and issued a $53.00 target price on shares of Electronics for Imaging in a research note on Thursday. Zacks Investment Research upgraded shares of Electronics for Imaging from a “sell” rating to a “hold” rating in a research note on Tuesday, June 20th. Finally, Aegis assumed coverage on shares of Electronics for Imaging in a research note on Tuesday, June 13th. They issued a “buy” rating and a $58.00 target price for the company. Two analysts have rated the stock with a sell rating, four have given a hold rating and nine have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $53.50.

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Electronics for Imaging (NASDAQ EFII) opened at 38.58 on Friday. The firm has a 50-day moving average of $38.10 and a 200-day moving average of $45.16. The stock has a market cap of $1.79 billion, a PE ratio of 38.12 and a beta of 1.27. Electronics for Imaging has a 12-month low of $25.54 and a 12-month high of $51.15.

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

Several institutional investors and hedge funds have recently made changes to their positions in the company. Lebenthal Lisanti Capital Growth LLC purchased a new position in Electronics for Imaging during the 2nd quarter valued at about $1,664,000. Goldman Sachs Group Inc. increased its holdings in Electronics for Imaging by 3.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,566,893 shares of the technology company’s stock valued at $125,342,000 after acquiring an additional 81,880 shares in the last quarter. State of Wisconsin Investment Board increased its holdings in Electronics for Imaging by 0.8% during the 2nd quarter. State of Wisconsin Investment Board now owns 145,570 shares of the technology company’s stock valued at $6,897,000 after acquiring an additional 1,163 shares in the last quarter. UBS Group AG increased its holdings in Electronics for Imaging by 2,651.1% during the 1st quarter. UBS Group AG now owns 11,637 shares of the technology company’s stock valued at $568,000 after acquiring an additional 11,214 shares in the last quarter. Finally, Karp Capital Management Corp purchased a new position in Electronics for Imaging during the 1st quarter valued at about $442,000.

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.

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