Jefferies Group LLC downgraded shares of Endurance International Group Holdings, Inc. (NASDAQ:EIGI) from a buy rating to an underperform rating in a report published on Thursday morning, Marketbeat reports. They currently have $5.00 target price on the software maker’s stock, down from their prior target price of $10.50.

Other research analysts have also recently issued research reports about the company. Zacks Investment Research raised Endurance International Group Holdings from a sell rating to a hold rating in a report on Tuesday, July 11th. SunTrust Banks, Inc. assumed 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 price objective on the stock. Cantor Fitzgerald reiterated a hold rating on shares of Endurance International Group Holdings in a research report on Monday, June 26th. BidaskClub cut shares of Endurance International Group Holdings from a hold rating to a sell rating in a research report on Saturday, August 5th. Finally, ValuEngine upgraded shares of Endurance International Group Holdings from a strong sell rating to a sell rating in a research report on Thursday, May 11th. Six analysts have rated the stock with a sell rating and two have assigned a hold rating to the company. The company currently has a consensus rating of Sell and an average target price of $7.92.

Endurance International Group Holdings (EIGI) opened at 7.30 on Thursday. Endurance International Group Holdings has a 12 month low of $6.20 and a 12 month high of $9.85. The stock’s market cap is $1.04 billion. The company’s 50-day moving average price is $8.29 and its 200-day moving average price is $8.05.

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

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In other news, insider John Orlando sold 8,531 shares of the business’s stock in a transaction on Tuesday, August 15th. The shares were sold at an average price of $7.85, for a total transaction of $66,968.35. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Over the last quarter, insiders have sold 13,344 shares of company stock worth $107,382. Corporate insiders own 58.20% of the company’s stock.

Institutional investors have recently bought and sold shares of the stock. Teachers Advisors LLC boosted its position in Endurance International Group Holdings by 2.7% in the fourth quarter. Teachers Advisors LLC now owns 98,441 shares of the software maker’s stock valued at $916,000 after buying an additional 2,605 shares in the last quarter. Profund Advisors LLC boosted its position in Endurance International Group Holdings by 15.0% in the first quarter. Profund Advisors LLC now owns 70,291 shares of the software maker’s stock valued at $552,000 after buying an additional 9,170 shares in the last quarter. First Trust Advisors LP boosted its position in Endurance International Group Holdings by 17.6% in the first quarter. First Trust Advisors LP now owns 3,425,754 shares of the software maker’s stock valued at $26,892,000 after buying an additional 512,528 shares in the last quarter. Algert Global LLC bought a new position in Endurance International Group Holdings during the first quarter valued at approximately $569,000. Finally, Karp Capital Management Corp bought a new position in Endurance International Group Holdings during the first quarter valued at approximately $146,000. Institutional investors and hedge funds own 86.41% of the company’s stock.

About Endurance International Group Holdings

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.

Analyst Recommendations for Endurance International Group Holdings (NASDAQ:EIGI)

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