PDT Partners LLC cut its stake in shares of Endurance International Group Holdings, Inc. (NASDAQ:EIGI) by 0.5% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 243,000 shares of the software maker’s stock after selling 1,178 shares during the quarter. PDT Partners LLC owned approximately 0.17% of Endurance International Group Holdings worth $2,029,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of EIGI. American International Group Inc. boosted its stake in shares of Endurance International Group Holdings by 7.1% in the 1st quarter. American International Group Inc. now owns 36,962 shares of the software maker’s stock valued at $290,000 after purchasing an additional 2,452 shares in the last quarter. Teachers Advisors LLC grew its holdings in shares of Endurance International Group Holdings by 2.7% in the 4th quarter. Teachers Advisors LLC now owns 98,441 shares of the software maker’s stock worth $916,000 after purchasing an additional 2,605 shares during the last quarter. Metropolitan Life Insurance Co. NY grew its holdings in shares of Endurance International Group Holdings by 7.2% in the 1st quarter. Metropolitan Life Insurance Co. NY now owns 40,694 shares of the software maker’s stock worth $319,000 after purchasing an additional 2,723 shares during the last quarter. Algert Global LLC grew its holdings in shares of Endurance International Group Holdings by 3.9% in the 2nd quarter. Algert Global LLC now owns 75,361 shares of the software maker’s stock worth $629,000 after purchasing an additional 2,816 shares during the last quarter. Finally, Voya Investment Management LLC grew its holdings in shares of Endurance International Group Holdings by 14.9% in the 2nd quarter. Voya Investment Management LLC now owns 29,860 shares of the software maker’s stock worth $249,000 after purchasing an additional 3,877 shares during the last quarter. 86.41% of the stock is owned by institutional investors.

Endurance International Group Holdings, Inc. (NASDAQ:EIGI) opened at 8.15 on Wednesday. The firm’s market cap is $1.17 billion. The firm has a 50-day moving average price of $7.71 and a 200-day moving average price of $7.92. Endurance International Group Holdings, Inc. has a 1-year low of $6.20 and a 1-year high of $9.85.

Endurance International Group Holdings (NASDAQ:EIGI) last announced its quarterly earnings data on Tuesday, August 1st. The software maker reported ($0.29) EPS for the quarter, missing the consensus estimate of ($0.18) by ($0.11). Endurance International Group Holdings had a negative net margin of 12.05% and a negative return on equity of 122.84%. The firm had revenue of $292.26 million for the quarter, compared to analyst estimates of $289.40 million. During the same quarter in the prior year, the firm earned ($0.21) earnings per share. The firm’s revenue for the quarter was up .5% on a year-over-year basis. On average, analysts expect that Endurance International Group Holdings, Inc. will post ($0.87) earnings per share for the current fiscal year.

WARNING: “PDT Partners LLC Has $2.03 Million Holdings in Endurance International Group Holdings, Inc. (EIGI)” was first reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this report on another site, it was illegally stolen and reposted in violation of United States and international copyright and trademark legislation. The legal version of this report can be viewed at https://www.thecerbatgem.com/2017/10/04/pdt-partners-llc-has-2-03-million-holdings-in-endurance-international-group-holdings-inc-eigi.html.

In other news, insider John Orlando sold 8,531 shares of the business’s stock in a transaction on Tuesday, August 15th. The stock was 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 Securities & Exchange Commission, which is available at the SEC website. Also, CFO Marc Montagner sold 6,877 shares of the business’s stock in a transaction on Monday, September 18th. The stock was sold at an average price of $7.55, for a total value of $51,921.35. The disclosure for this sale can be found here. Insiders have sold 26,866 shares of company stock valued at $207,524 over the last 90 days. Corporate insiders own 58.20% of the company’s stock.

A number of brokerages recently issued reports on EIGI. BidaskClub upgraded shares of Endurance International Group Holdings from a “hold” rating to a “buy” rating in a research report on Thursday, July 13th. Jefferies Group LLC restated a “buy” rating and issued a $10.50 price target on shares of Endurance International Group Holdings in a research report on Friday, June 23rd. SunTrust Banks, Inc. initiated coverage on shares of Endurance International Group Holdings in a research report on Tuesday, August 15th. They issued a “hold” rating and a $8.00 price target on the stock. Cantor Fitzgerald reaffirmed a “hold” rating on shares of Endurance International Group Holdings in a research note on Monday, June 26th. Finally, Zacks Investment Research raised shares of Endurance International Group Holdings from a “sell” rating to a “hold” rating in a research note on Tuesday, July 11th. Six analysts have rated the stock with a sell rating and two have assigned a hold rating to the stock. The stock has a consensus rating of “Sell” and an average target price of $7.92.

Endurance International Group Holdings 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 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.

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Institutional Ownership by Quarter for Endurance International Group Holdings (NASDAQ:EIGI)

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