Teachers Retirement System of The State of Kentucky maintained its stake in shares of Electronics for Imaging, Inc. (NASDAQ:EFII) during the first quarter, according to its most recent filing with the SEC. The firm owned 15,800 shares of the technology company’s stock at the end of the first quarter. Teachers Retirement System of The State of Kentucky’s holdings in Electronics for Imaging were worth $772,000 as of its most recent SEC filing.
Other hedge funds have also modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Electronics for Imaging by 83.0% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,287 shares of the technology company’s stock valued at $112,000 after buying an additional 1,037 shares during the period. Tyers Asset Management LLC raised its stake in shares of Electronics for Imaging by 9.3% in the first quarter. Tyers Asset Management LLC now owns 2,296 shares of the technology company’s stock valued at $112,000 after buying an additional 196 shares in the last quarter. Strs Ohio raised its stake in shares of Electronics for Imaging by 91.7% in the first quarter. Strs Ohio now owns 2,300 shares of the technology company’s stock valued at $112,000 after buying an additional 1,100 shares in the last quarter. Acrospire Investment Management LLC raised its stake in shares of Electronics for Imaging by 156.1% in the first quarter. Acrospire Investment Management LLC now owns 2,305 shares of the technology company’s stock valued at $113,000 after buying an additional 1,405 shares in the last quarter. Finally, Flinton Capital Management LLC raised its stake in shares of Electronics for Imaging by 9.3% in the first quarter. Flinton Capital Management LLC now owns 2,788 shares of the technology company’s stock valued at $136,000 after buying an additional 238 shares in the last quarter.
Shares of Electronics for Imaging, Inc. (NASDAQ EFII) opened at 48.62 on Monday. The company’s 50 day moving average price is $48.37 and its 200 day moving average price is $47.00. The stock has a market capitalization of $2.26 billion, a price-to-earnings ratio of 48.04 and a beta of 1.22. Electronics for Imaging, Inc. has a one year low of $40.72 and a one year high of $51.15.
Electronics for Imaging (NASDAQ:EFII) last posted its quarterly earnings data on Thursday, April 20th. The technology company reported $0.55 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.55. Electronics for Imaging had a net margin of 4.96% and a return on equity of 7.77%. The company had revenue of $228.70 million during the quarter, compared to the consensus estimate of $239.19 million. During the same period in the prior year, the business posted $0.55 EPS. The company’s quarterly revenue was down 2.3% on a year-over-year basis. On average, analysts expect that Electronics for Imaging, Inc. will post $2.59 earnings per share for the current fiscal year.
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Several analysts recently issued reports on EFII shares. BidaskClub lowered Electronics for Imaging from a “strong-buy” rating to a “buy” rating in a report on Tuesday, June 27th. Longbow Research lowered Electronics for Imaging from a “buy” rating to a “neutral” rating in a report on Thursday, June 22nd. They noted that the move was a valuation call. Zacks Investment Research lowered Electronics for Imaging from a “hold” rating to a “sell” rating in a report on Wednesday, April 26th. ValuEngine upgraded Electronics for Imaging from a “sell” rating to a “hold” rating in a report on Friday, June 2nd. Finally, William Blair reiterated an “outperform” rating on shares of Electronics for Imaging in a report on Monday, June 12th. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $54.00.
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 transaction of $652,279.84. Following the completion of the transaction, the chief executive officer now directly owns 392,648 shares in the company, valued at approximately $18,678,265.36. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Thomas Georgens sold 25,000 shares of the stock in a transaction dated Friday, May 12th. The stock was sold at an average price of $46.56, for a total transaction of $1,164,000.00. Following the transaction, the director now owns 68,500 shares of the company’s stock, valued at $3,189,360. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 66,126 shares of company stock valued at $3,098,994. Company insiders own 1.88% of the company’s stock.
Electronics for Imaging Company Profile
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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