Endurance International Group Holdings Inc. (NASDAQ:EIGI) Director Warburg Pincus X. Partners, L.P bought 209,300 shares of the stock in a transaction that occurred on Tuesday, October 4th. The shares were purchased at an average price of $8.65 per share, for a total transaction of $1,810,445.00. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link.

Endurance International Group Holdings Inc. (NASDAQ:EIGI) opened at 8.76 on Wednesday. The company’s market capitalization is $1.24 billion. Endurance International Group Holdings Inc. has a one year low of $6.55 and a one year high of $15.48. The company’s 50-day moving average is $8.29 and its 200 day moving average is $9.03.

Endurance International Group Holdings (NASDAQ:EIGI) last announced its quarterly earnings results on Tuesday, August 2nd. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.34 by $0.36. Endurance International Group Holdings had a positive return on equity of 36.84% and a negative net margin of 3.39%. The firm had revenue of $290.70 million for the quarter, compared to analysts’ expectations of $299.63 million. During the same period last year, the company posted ($0.02) earnings per share. The business’s quarterly revenue was up 60.4% on a year-over-year basis. On average, equities analysts anticipate that Endurance International Group Holdings Inc. will post ($0.43) earnings per share for the current year.

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

A number of brokerages have issued reports on EIGI. Jefferies Group reiterated a “buy” rating on shares of Endurance International Group Holdings in a report on Monday, July 11th. Zacks Investment Research upgraded shares of Endurance International Group Holdings from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 19th. Morgan Stanley set a $9.00 price target on shares of Endurance International Group Holdings and gave the company a “hold” rating in a report on Friday, August 19th. Wells Fargo & Co. downgraded shares of Endurance International Group Holdings from an “outperform” rating to a “market perform” rating in a report on Wednesday, August 3rd. Finally, TheStreet downgraded shares of Endurance International Group Holdings from a “hold” rating to a “sell” rating in a report on Thursday, August 4th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the company’s stock. Endurance International Group Holdings currently has a consensus rating of “Hold” and a consensus price target of $13.06.

A number of hedge funds have recently made changes to their positions in EIGI. BlackRock Institutional Trust Company N.A. increased its stake in shares of Endurance International Group Holdings by 3.6% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 1,549,002 shares of the company’s stock worth $16,311,000 after buying an additional 54,255 shares during the period. California State Teachers Retirement System increased its position in Endurance International Group Holdings by 1.3% in the second quarter. California State Teachers Retirement System now owns 125,835 shares of the company’s stock valued at $1,131,000 after buying an additional 1,676 shares during the last quarter. First Trust Advisors LP increased its position in Endurance International Group Holdings by 13.8% in the second quarter. First Trust Advisors LP now owns 2,304,832 shares of the company’s stock valued at $20,720,000 after buying an additional 279,073 shares during the last quarter. Acrospire Investment Management LLC increased its position in Endurance International Group Holdings by 49.7% in the second quarter. Acrospire Investment Management LLC now owns 22,900 shares of the company’s stock valued at $206,000 after buying an additional 7,600 shares during the last quarter. Finally, Granahan Investment Management Inc. MA increased its position in Endurance International Group Holdings by 10.6% in the first quarter. Granahan Investment Management Inc. MA now owns 384,237 shares of the company’s stock valued at $4,046,000 after buying an additional 36,760 shares during the last quarter. 90.32% 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 serves approximately 4.7 million subscribers across the globe with an integrated suite of over 150 products and services.

5 Day Chart for NASDAQ:EIGI

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