Macquarie Group Ltd. raised its stake in shares of Electronics for Imaging Inc. (NASDAQ:EFII) by 2.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,223,566 shares of the company’s stock after buying an additional 34,593 shares during the period. Macquarie Group Ltd. owned 2.62% of Electronics for Imaging worth $52,662,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the stock. Nomura Holdings Inc. purchased a new stake in shares of Electronics for Imaging during the second quarter valued at $297,000. Mason Street Advisors LLC purchased a new stake in shares of Electronics for Imaging during the second quarter valued at $396,000. Aristotle Capital Boston LLC increased its stake in shares of Electronics for Imaging by 3.5% in the second quarter. Aristotle Capital Boston LLC now owns 209,133 shares of the company’s stock valued at $9,001,000 after buying an additional 7,083 shares in the last quarter. Amalgamated Bank increased its stake in shares of Electronics for Imaging by 10.0% in the second quarter. Amalgamated Bank now owns 5,431 shares of the company’s stock valued at $237,000 after buying an additional 492 shares in the last quarter. Finally, Legal & General Group Plc increased its stake in shares of Electronics for Imaging by 2.3% in the second quarter. Legal & General Group Plc now owns 10,456 shares of the company’s stock valued at $440,000 after buying an additional 238 shares in the last quarter.

Institutional Ownership by Quarter for Electronics for Imaging (NASDAQ:EFII)

Shares of Electronics for Imaging Inc. (NASDAQ:EFII) traded down 0.89% on Friday, reaching $43.22. 369,899 shares of the company’s stock traded hands. The firm has a market capitalization of $2.02 billion, a P/E ratio of 58.41 and a beta of 1.43. Electronics for Imaging Inc. has a 52 week low of $35.88 and a 52 week high of $50.09. The firm’s 50 day moving average is $44.29 and its 200 day moving average is $44.37.

Electronics for Imaging (NASDAQ:EFII) last announced its earnings results on Monday, October 24th. The company reported $0.58 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.58. The company had revenue of $245.60 million for the quarter, compared to analysts’ expectations of $247.35 million. Electronics for Imaging had a net margin of 3.57% and a return on equity of 7.70%. The firm’s quarterly revenue was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.50 EPS. Analysts expect that Electronics for Imaging Inc. will post $2.43 earnings per share for the current fiscal year.

Several brokerages have recently weighed in on EFII. Zacks Investment Research downgraded shares of Electronics for Imaging from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 8th. Needham & Company LLC reduced their target price on shares of Electronics for Imaging from $58.00 to $56.00 and set a “buy” rating on the stock in a research note on Wednesday, October 26th. TheStreet raised shares of Electronics for Imaging from a “hold” rating to a “buy” rating in a research note on Friday, July 29th. Stifel Nicolaus began coverage on shares of Electronics for Imaging in a research note on Thursday, August 25th. They issued a “buy” rating and a $53.00 target price on the stock. Finally, William Blair initiated coverage on shares of Electronics for Imaging in a research note on Friday, September 9th. They issued an “outperform” rating on the stock. Two analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $53.71.

In related news, Director Dan Maydan sold 3,250 shares of the business’s stock in a transaction dated Wednesday, November 9th. The shares were sold at an average price of $42.52, for a total value of $138,190.00. Following the sale, the director now directly owns 30,060 shares in the company, valued at approximately $1,278,151.20. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Guy Gecht sold 36,023 shares of the business’s stock in a transaction dated Wednesday, August 24th. The shares were sold at an average price of $45.40, for a total transaction of $1,635,444.20. Following the completion of the sale, the chief executive officer now owns 448,213 shares in the company, valued at $20,348,870.20. The disclosure for this sale can be found here. Insiders own 2.24% of the company’s stock.

Electronics for Imaging Company Profile

Electronics For Imaging, Inc (EFI) 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. The Company operates through three segments: Industrial Inkjet, Productivity Software and Fiery.

5 Day Chart for NASDAQ:EFII

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