Marc Montagner Sells 10,229 Shares of Endurance International Group Holdings, Inc. (EIGI) Stock

Endurance International Group Holdings, Inc. (NASDAQ:EIGI) CFO Marc Montagner sold 10,229 shares of the business’s stock in a transaction on Tuesday, September 19th. The shares were sold at an average price of $7.62, for a total transaction of $77,944.98. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Marc Montagner also recently made the following trade(s):

  • On Monday, September 18th, Marc Montagner sold 6,877 shares of Endurance International Group Holdings stock. The shares were sold at an average price of $7.55, for a total transaction of $51,921.35.

Endurance International Group Holdings, Inc. (EIGI) traded down 0.64% on Wednesday, reaching $7.75. 278,397 shares of the company were exchanged. The stock’s market capitalization is $1.11 billion. The stock has a 50-day moving average price of $7.66 and a 200 day moving average price of $7.92. Endurance International Group Holdings, Inc. has a 52 week low of $6.20 and a 52 week high of $9.85.

Endurance International Group Holdings (NASDAQ:EIGI) last issued 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). Endurance International Group Holdings had a negative return on equity of 122.84% and a negative net margin of 12.05%. The business had revenue of $292.26 million for the quarter, compared to analysts’ expectations of $289.40 million. During the same period in the previous year, the business posted ($0.21) earnings per share. The company’s revenue for the quarter was up .5% on a year-over-year basis. Analysts forecast that Endurance International Group Holdings, Inc. will post ($0.87) earnings per share for the current year.

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A number of institutional investors have recently modified their holdings of the business. Cubist Systematic Strategies LLC grew its position in Endurance International Group Holdings by 37.4% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 18,791 shares of the software maker’s stock worth $157,000 after purchasing an additional 5,111 shares during the last quarter. Mitra Capital LLC purchased a new position in Endurance International Group Holdings during the 2nd quarter worth $1,032,000. State Street Corp grew its position in Endurance International Group Holdings by 7.2% during the 2nd quarter. State Street Corp now owns 1,179,899 shares of the software maker’s stock worth $9,849,000 after purchasing an additional 79,607 shares during the last quarter. Gotham Asset Management LLC grew its position in Endurance International Group Holdings by 33.8% during the 2nd quarter. Gotham Asset Management LLC now owns 52,987 shares of the software maker’s stock worth $442,000 after purchasing an additional 13,387 shares during the last quarter. Finally, Cornerstone Capital Management Holdings LLC. grew its position in Endurance International Group Holdings by 65.0% during the 2nd quarter. Cornerstone Capital Management Holdings LLC. now owns 273,999 shares of the software maker’s stock worth $2,287,000 after purchasing an additional 107,900 shares during the last quarter. 86.41% of the stock is currently owned by institutional investors.

A number of equities research analysts have recently weighed in on EIGI shares. Zacks Investment Research lowered shares of Endurance International Group Holdings from a “hold” rating to a “sell” rating in a report on Tuesday, July 4th. Jefferies Group LLC restated a “buy” rating and set a $10.50 target price on shares of Endurance International Group Holdings in a research report on Friday, June 23rd. BidaskClub upgraded shares of Endurance International Group Holdings from a “hold” rating to a “buy” rating in a research report on Thursday, July 13th. Cantor Fitzgerald restated a “hold” rating on shares of Endurance International Group Holdings in a research report on Monday, June 26th. Finally, SunTrust Banks, Inc. started coverage on shares of Endurance International Group Holdings in a research report on Tuesday, August 15th. They set a “hold” rating and a $8.00 target price for the company. Six analysts have rated the stock with a sell rating and two have issued a hold rating to the stock. Endurance International Group Holdings presently has an average rating of “Sell” and an average target price of $7.92.

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.

Insider Buying and Selling by Quarter for Endurance International Group Holdings (NASDAQ:EIGI)

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