Endo International PLC (ENDP) CEO Purchases $50,115.00 in Stock
Endo International PLC (NASDAQ:ENDP) CEO Paul Campanelli bought 6,500 shares of Endo International PLC stock in a transaction dated Monday, August 14th. The shares were acquired at an average cost of $7.71 per share, for a total transaction of $50,115.00. Following the completion of the purchase, the chief executive officer now directly owns 213,620 shares of the company’s stock, valued at approximately $1,647,010.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Endo International PLC (NASDAQ ENDP) traded up 6.450% during midday trading on Wednesday, reaching $8.665. The company’s stock had a trading volume of 5,146,200 shares. Endo International PLC has a 12-month low of $7.41 and a 12-month high of $24.93. The firm has a 50 day moving average price of $10.70 and a 200-day moving average price of $11.49. The company’s market cap is $1.93 billion.
Endo International PLC (NASDAQ:ENDP) last announced its quarterly earnings results on Tuesday, August 8th. The company reported $0.93 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.74 by $0.19. Endo International PLC had a positive return on equity of 37.58% and a negative net margin of 126.93%. The business had revenue of $875.73 million for the quarter, compared to the consensus estimate of $832.66 million. During the same period last year, the business posted $0.86 EPS. The business’s revenue was down 4.9% compared to the same quarter last year. On average, equities research analysts predict that Endo International PLC will post $3.52 earnings per share for the current fiscal year.
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Hedge funds and other institutional investors have recently made changes to their positions in the stock. Macquarie Group Ltd. increased its position in shares of Endo International PLC by 132.1% in the fourth quarter. Macquarie Group Ltd. now owns 6,500 shares of the company’s stock worth $107,000 after buying an additional 3,700 shares in the last quarter. Americafirst Capital Management LLC bought a new position in shares of Endo International PLC during the first quarter worth about $286,000. Hartford Investment Management Co. bought a new position in shares of Endo International PLC during the first quarter worth about $1,363,000. Nationwide Fund Advisors increased its position in shares of Endo International PLC by 400.0% in the first quarter. Nationwide Fund Advisors now owns 343,874 shares of the company’s stock worth $3,838,000 after buying an additional 275,101 shares in the last quarter. Finally, First Quadrant L P CA bought a new position in shares of Endo International PLC during the first quarter worth about $24,556,000. Institutional investors and hedge funds own 92.27% of the company’s stock.
Several research firms have recently issued reports on ENDP. Oppenheimer Holdings, Inc. reissued a “hold” rating on shares of Endo International PLC in a research note on Tuesday, August 8th. Royal Bank Of Canada set a $9.00 target price on Endo International PLC and gave the company a “hold” rating in a research note on Thursday, August 10th. Cowen and Company reissued a “hold” rating and set a $16.00 target price on shares of Endo International PLC in a research note on Thursday, August 10th. Guggenheim began coverage on Endo International PLC in a research note on Saturday, June 17th. They set a “hold” rating and a $12.00 target price on the stock. Finally, Deutsche Bank AG set a $13.00 target price on Endo International PLC and gave the company a “buy” rating in a research note on Wednesday, August 9th. Three investment analysts have rated the stock with a sell rating, sixteen have issued a hold rating and five have given a buy rating to the stock. Endo International PLC currently has a consensus rating of “Hold” and an average target price of $14.75.
About Endo International PLC
Endo International PLC, formerly Endo Health Solutions Inc is a specialty healthcare solutions company focused on branded and generic pharmaceuticals, devices and services. The Company has a portfolio of branded pharmaceuticals that includes brands, such as Lidoderm, Opana ER, Voltaren Gel, Percocet, Frova, Supprelin LA, Vantas, Valstar and Fortesta Gel.
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