Guy Gecht Sells 9,000 Shares of Electronics For Imaging, Inc. (EFII) Stock

Electronics For Imaging, Inc. (NASDAQ:EFII) CEO Guy Gecht sold 9,000 shares of the stock in a transaction on Thursday, December 27th. The shares were sold at an average price of $29.65, for a total transaction of $266,850.00. Following the completion of the transaction, the chief executive officer now owns 333,450 shares of the company’s stock, valued at approximately $9,886,792.50. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Guy Gecht also recently made the following trade(s):

  • On Wednesday, December 27th, Guy Gecht sold 9,000 shares of Electronics For Imaging stock. The shares were sold at an average price of $29.65, for a total transaction of $266,850.00.
  • On Tuesday, November 28th, Guy Gecht sold 9,000 shares of Electronics For Imaging stock. The shares were sold at an average price of $29.93, for a total transaction of $269,370.00.
  • On Friday, October 27th, Guy Gecht sold 9,000 shares of Electronics For Imaging stock. The shares were sold at an average price of $29.50, for a total transaction of $265,500.00.

Shares of Electronics For Imaging, Inc. (NASDAQ:EFII) opened at $29.53 on Monday. The stock has a market cap of $1,349.26, a PE ratio of 45.43 and a beta of 1.25. The company has a current ratio of 2.63, a quick ratio of 2.20 and a debt-to-equity ratio of 0.38. Electronics For Imaging, Inc. has a 1 year low of $25.54 and a 1 year high of $51.15.

Electronics For Imaging (NASDAQ:EFII) last announced its earnings results on Thursday, October 26th. The technology company reported $0.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.10). Electronics For Imaging had a return on equity of 3.67% and a net margin of 3.09%. The firm had revenue of $248.36 million for the quarter, compared to analyst estimates of $258.09 million. During the same quarter last year, the business earned $0.58 EPS. The company’s revenue for the quarter was up 1.1% compared to the same quarter last year. analysts expect that Electronics For Imaging, Inc. will post 0.34 earnings per share for the current fiscal year.

Electronics For Imaging announced that its Board of Directors has approved a share repurchase program on Monday, September 11th that authorizes the company to buyback $125.00 million in outstanding shares. This buyback authorization authorizes the technology company to reacquire shares of its stock through open market purchases. Shares buyback programs are often an indication that the company’s leadership believes its shares are undervalued.

A number of large investors have recently modified their holdings of EFII. Becker Capital Management Inc. grew its holdings in Electronics For Imaging by 1,078.2% during the 3rd quarter. Becker Capital Management Inc. now owns 586,335 shares of the technology company’s stock worth $25,025,000 after acquiring an additional 536,569 shares during the last quarter. Elk Creek Partners LLC grew its holdings in Electronics For Imaging by 112.4% during the 3rd quarter. Elk Creek Partners LLC now owns 557,110 shares of the technology company’s stock worth $23,777,000 after acquiring an additional 294,816 shares during the last quarter. RK Capital Management LLC bought a new stake in Electronics For Imaging during the 2nd quarter worth about $13,271,000. Fred Alger Management Inc. bought a new stake in Electronics For Imaging during the 2nd quarter worth about $10,746,000. Finally, Smith Graham & Co. Investment Advisors LP grew its holdings in Electronics For Imaging by 147.9% during the 3rd quarter. Smith Graham & Co. Investment Advisors LP now owns 338,185 shares of the technology company’s stock worth $14,434,000 after acquiring an additional 201,769 shares during the last quarter.

EFII has been the subject of a number of recent research reports. Barclays restated a “buy” rating and issued a $47.00 price objective on shares of Electronics For Imaging in a research note on Thursday, September 14th. ValuEngine cut shares of Electronics For Imaging from a “hold” rating to a “sell” rating in a research report on Friday, September 8th. Wells Fargo & Co initiated coverage on shares of Electronics For Imaging in a research report on Tuesday, November 14th. They set a “market perform” rating and a $32.00 target price for the company. Citigroup dropped their target price on shares of Electronics For Imaging from $53.00 to $43.00 and set a “buy” rating for the company in a research report on Monday, October 30th. Finally, Zacks Investment Research upgraded shares of Electronics For Imaging from a “sell” rating to a “hold” rating in a research report on Tuesday, December 26th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $44.22.

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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.

Insider Buying and Selling by Quarter for Electronics For Imaging (NASDAQ:EFII)

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