Electronics For Imaging, Inc. (NASDAQ:EFII) CEO Guy Gecht sold 9,000 shares of the stock in a transaction that occurred on Wednesday, December 27th. The stock was sold at an average price of $29.65, for a total value of $266,850.00. Following the completion of the transaction, the chief executive officer now directly owns 333,450 shares in the company, valued at approximately $9,886,792.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Guy Gecht also recently made the following trade(s):

  • On Tuesday, November 28th, Guy Gecht sold 9,000 shares of Electronics For Imaging stock. The stock was sold at an average price of $29.93, for a total value of $269,370.00.
  • On Friday, October 27th, Guy Gecht sold 9,000 shares of Electronics For Imaging stock. The stock was sold at an average price of $29.50, for a total value of $265,500.00.

Shares of Electronics For Imaging, Inc. (NASDAQ:EFII) opened at $29.53 on Friday. The company has a current ratio of 2.63, a quick ratio of 2.20 and a debt-to-equity ratio of 0.38. The firm has a market capitalization of $1,349.26, a price-to-earnings ratio of 45.43 and a beta of 1.25. Electronics For Imaging, Inc. has a twelve month low of $25.54 and a twelve month high of $51.15.

Electronics For Imaging (NASDAQ:EFII) last posted its earnings results on Thursday, October 26th. The technology company reported $0.48 earnings per share for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.10). The company had revenue of $248.36 million for the quarter, compared to analysts’ expectations of $258.09 million. Electronics For Imaging had a return on equity of 3.67% and a net margin of 3.09%. The firm’s quarterly revenue was up 1.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.58 EPS. equities analysts forecast that Electronics For Imaging, Inc. will post 0.34 EPS for the current year.

Electronics For Imaging announced that its board has authorized a share repurchase program on Monday, September 11th that authorizes the company to buyback $125.00 million in shares. This buyback authorization authorizes the technology company to reacquire shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.

A number of institutional investors have recently bought and sold shares of EFII. SG Americas Securities LLC purchased a new stake in Electronics For Imaging during the second quarter worth $108,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in Electronics For Imaging by 9.5% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,504 shares of the technology company’s stock worth $119,000 after buying an additional 217 shares during the period. Campbell & CO Investment Adviser LLC purchased a new stake in Electronics For Imaging during the third quarter worth $213,000. Shelton Capital Management purchased a new stake in shares of Electronics For Imaging during the 2nd quarter valued at $219,000. Finally, Riverhead Capital Management LLC lifted its holdings in shares of Electronics For Imaging by 75.2% during the 2nd quarter. Riverhead Capital Management LLC now owns 4,730 shares of the technology company’s stock valued at $224,000 after purchasing an additional 2,030 shares during the last quarter.

Several research analysts recently issued reports on EFII shares. Barclays reissued a “buy” rating and issued a $47.00 price objective on shares of Electronics For Imaging in a research note on Thursday, September 14th. ValuEngine cut Electronics For Imaging from a “hold” rating to a “sell” rating in a research note on Friday, September 8th. Wells Fargo & Co started coverage on Electronics For Imaging in a research note on Tuesday, November 14th. They issued a “market perform” rating and a $32.00 price objective on the stock. Citigroup dropped their price objective on Electronics For Imaging from $53.00 to $43.00 and set a “buy” rating on the stock in a research note on Monday, October 30th. Finally, Zacks Investment Research raised Electronics For Imaging from a “sell” rating to a “hold” rating in a research note on Tuesday, December 26th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and seven have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $44.22.

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About Electronics For Imaging

Electronics For Imaging, Inc 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. It operates through three segments. The Industrial Inkjet segment consists of its VUTEk and Matan super-wide and wide format display graphics, Reggiani textile, Jetrion label and packaging and Cretaprint ceramic tile decoration and construction material industrial digital inkjet printers; ceramic, water-based, and thermoforming ink, and digital inkjet printer parts, and professional services.

Insider Buying and Selling by Quarter for Electronics For Imaging (NASDAQ:EFII)

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