Endurance International Group Holdings, Inc. (NASDAQ:EIGI)‘s stock had its “hold” rating reaffirmed by investment analysts at SunTrust Banks, Inc. in a report released on Thursday. They presently have a $8.00 target price on the software maker’s stock. SunTrust Banks, Inc.’s price objective points to a potential upside of 0.63% from the stock’s current price.

EIGI has been the topic of a number of other reports. BidaskClub lowered Endurance International Group Holdings from a “hold” rating to a “sell” rating in a report on Saturday, August 5th. Zacks Investment Research lowered Endurance International Group Holdings from a “hold” rating to a “sell” rating in a report on Friday, August 4th. Jefferies Group LLC reaffirmed a “buy” rating and set a $10.50 target price on shares of Endurance International Group Holdings in a report on Friday, June 23rd. Finally, Cantor Fitzgerald reaffirmed a “hold” rating on shares of Endurance International Group Holdings in a report on Monday, June 26th. Six equities research analysts have rated the stock with a sell rating and two have assigned a hold rating to the company. The stock presently has a consensus rating of “Sell” and a consensus target price of $7.50.

Endurance International Group Holdings (NASDAQ EIGI) remained flat at $7.95 during trading on Thursday. The company’s stock had a trading volume of 403,380 shares. The company’s market cap is $1.14 billion. The stock’s 50 day moving average price is $7.79 and its 200 day moving average price is $7.92. 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 earnings results on Tuesday, August 1st. The software maker reported ($0.29) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.18) by ($0.11). The firm had revenue of $292.26 million for the quarter, compared to analyst estimates of $289.40 million. Endurance International Group Holdings had a negative return on equity of 122.84% and a negative net margin of 12.05%. Endurance International Group Holdings’s revenue was up .5% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.21) earnings per share. Equities research analysts anticipate that Endurance International Group Holdings will post ($0.87) earnings per share for the current year.

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In related news, CFO Marc Montagner sold 6,877 shares of Endurance International Group Holdings stock in a transaction dated Monday, September 18th. The stock was sold at an average price of $7.55, for a total value of $51,921.35. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider John Orlando sold 8,531 shares of Endurance International Group Holdings stock in a transaction dated Tuesday, August 15th. The stock was sold at an average price of $7.85, for a total value of $66,968.35. The disclosure for this sale can be found here. Insiders sold a total of 27,402 shares of company stock worth $211,892 in the last three months. 58.20% of the stock is currently owned by company insiders.

A number of institutional investors and hedge funds have recently modified their holdings of the stock. California State Teachers Retirement System increased its stake in Endurance International Group Holdings by 1.3% in the 2nd quarter. California State Teachers Retirement System now owns 125,835 shares of the software maker’s stock worth $1,131,000 after purchasing an additional 1,676 shares in the last quarter. Legal & General Group Plc increased its stake in Endurance International Group Holdings by 17.3% in the 1st quarter. Legal & General Group Plc now owns 13,523 shares of the software maker’s stock worth $141,000 after purchasing an additional 1,996 shares in the last quarter. American International Group Inc. boosted its position in Endurance International Group Holdings by 7.1% during the 1st quarter. American International Group Inc. now owns 36,962 shares of the software maker’s stock worth $290,000 after acquiring an additional 2,452 shares during the period. Teachers Advisors LLC boosted its position in Endurance International Group Holdings by 2.7% during the 4th quarter. Teachers Advisors LLC now owns 98,441 shares of the software maker’s stock worth $916,000 after acquiring an additional 2,605 shares during the period. Finally, Metropolitan Life Insurance Co. NY boosted its position in Endurance International Group Holdings by 7.2% during the 1st quarter. Metropolitan Life Insurance Co. NY now owns 40,694 shares of the software maker’s stock worth $319,000 after acquiring an additional 2,723 shares during the period. 86.41% of the stock is currently owned by hedge funds and other institutional investors.

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 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.

Analyst Recommendations for Endurance International Group Holdings (NASDAQ:EIGI)

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