Metropolitan Life Insurance Co. NY boosted its position in Endurance International Group Holdings, Inc. (NASDAQ:EIGI) by 7.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 40,694 shares of the software maker’s stock after buying an additional 2,723 shares during the period. Metropolitan Life Insurance Co. NY’s holdings in Endurance International Group Holdings were worth $319,000 as of its most recent filing with the SEC.
A number of other institutional investors have also recently modified their holdings of EIGI. American International Group Inc. raised its position in shares of Endurance International Group Holdings by 7.1% in the first quarter. American International Group Inc. now owns 36,962 shares of the software maker’s stock worth $290,000 after buying an additional 2,452 shares during the period. Teachers Advisors LLC raised its position in Endurance International Group Holdings by 2.7% in the fourth quarter. Teachers Advisors LLC now owns 98,441 shares of the software maker’s stock worth $916,000 after buying an additional 2,605 shares during the last quarter. JPMorgan Chase & Co. raised its position in Endurance International Group Holdings by 14.3% in the first quarter. JPMorgan Chase & Co. now owns 55,912 shares of the software maker’s stock worth $438,000 after buying an additional 7,011 shares during the last quarter. Profund Advisors LLC raised its position in Endurance International Group Holdings by 15.0% in the first quarter. Profund Advisors LLC now owns 70,291 shares of the software maker’s stock worth $552,000 after buying an additional 9,170 shares during the last quarter. Finally, Nine Chapters Capital Management LLC bought a new position in Endurance International Group Holdings during the first quarter worth $122,000. Institutional investors own 86.11% of the company’s stock.
Endurance International Group Holdings, Inc. (NASDAQ EIGI) traded up 0.974% during trading on Tuesday, hitting $7.775. The company’s stock had a trading volume of 48,458 shares. Endurance International Group Holdings, Inc. has a one year low of $6.20 and a one year high of $9.85. The company has a 50-day moving average of $8.36 and a 200 day moving average of $8.06. The firm’s market cap is $1.11 billion.
Endurance International Group Holdings (NASDAQ:EIGI) last posted its quarterly earnings data on Tuesday, August 1st. The software maker reported ($0.29) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.18) by $0.11. The firm had revenue of $292.26 million for the quarter, compared to the consensus estimate 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 quarterly revenue was up .5% on a year-over-year basis. During the same period in the prior year, the company posted ($0.21) earnings per share. On average, equities analysts forecast that Endurance International Group Holdings, Inc. will post ($0.88) earnings per share for the current year.
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A number of equities analysts have weighed in on EIGI shares. BidaskClub upgraded Endurance International Group Holdings from a “hold” rating to a “buy” rating in a research note on Thursday, July 13th. Jefferies Group LLC reiterated a “buy” rating and set a $10.50 price objective on shares of Endurance International Group Holdings in a research note on Friday, June 23rd. Cantor Fitzgerald reiterated a “hold” rating on shares of Endurance International Group Holdings in a research note on Monday, June 26th. Zacks Investment Research upgraded Endurance International Group Holdings from a “sell” rating to a “hold” rating in a research note on Tuesday, July 11th. Finally, SunTrust Banks, Inc. started coverage on Endurance International Group Holdings in a research note on Tuesday, August 15th. They set a “hold” rating and a $8.00 price objective for the company. Five analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company. Endurance International Group Holdings currently has a consensus rating of “Hold” and a consensus target price of $8.83.
In related news, insider John Orlando sold 8,531 shares of the company’s stock in a transaction on Tuesday, August 15th. The shares were sold at an average price of $7.85, for a total transaction of $66,968.35. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Over the last ninety days, insiders have sold 13,344 shares of company stock valued at $107,382. 58.20% of the stock is owned by insiders.
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.
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