Trading Report: The Endurance International Group Holdings Inc. (EIGI) Insider Ronald Lasalvia Sold 3,205 Shares

The Endurance International Group Holdings Inc. (EIGI) Insider Ronald Lasalvia Sold 3,205 Shares

Endurance International Group Holdings Inc. (NASDAQ:EIGI) insider Ronald Lasalvia sold 3,205 shares of the business’s stock in a transaction on Thursday, October 27th. The stock was sold at an average price of $8.03, for a total value of $25,736.15. Following the transaction, the insider now directly owns 365,147 shares in the company, valued at approximately $2,932,130.41. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Shares of Endurance International Group Holdings Inc. (NASDAQ:EIGI) opened at 7.70 on Monday. Endurance International Group Holdings Inc. has a one year low of $6.55 and a one year high of $14.38. The stock’s market cap is $1.09 billion. The firm’s 50-day moving average price is $8.37 and its 200 day moving average price is $8.78.

Endurance International Group Holdings (NASDAQ:EIGI) last released its quarterly earnings results on Tuesday, August 2nd. The company reported ($0.02) earnings per share for the quarter, missing the consensus estimate of $0.34 by $0.36. The company had revenue of $290.70 million for the quarter, compared to analysts’ expectations of $299.63 million. Endurance International Group Holdings had a positive return on equity of 36.84% and a negative net margin of 3.39%. The business’s quarterly revenue was up 60.4% on a year-over-year basis. During the same period in the previous year, the business posted ($0.02) EPS. Equities research analysts expect that Endurance International Group Holdings Inc. will post ($0.42) EPS for the current fiscal year.

Several brokerages have recently commented on EIGI. Wells Fargo & Co. lowered Endurance International Group Holdings from an “outperform” rating to a “market perform” rating in a research note on Wednesday, August 3rd. Morgan Stanley set a $9.00 price target on Endurance International Group Holdings and gave the company a “hold” rating in a research note on Friday, August 19th. Jefferies Group decreased their price target on Endurance International Group Holdings from $17.00 to $9.50 and set a “buy” rating on the stock in a research note on Thursday, August 4th. Zacks Investment Research raised Endurance International Group Holdings from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 12th. Finally, TheStreet lowered Endurance International Group Holdings from a “hold” rating to a “sell” rating in a research note on Thursday, August 4th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and four have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $12.61.

A number of institutional investors have recently added to or reduced their stakes in EIGI. Stoneridge Investment Partners LLC bought a new position in Endurance International Group Holdings during the third quarter valued at $2,258,000. First Mercantile Trust Co. increased its position in Endurance International Group Holdings by 30.6% in the third quarter. First Mercantile Trust Co. now owns 108,750 shares of the company’s stock valued at $951,000 after buying an additional 25,454 shares during the last quarter. Schwab Charles Investment Management Inc. increased its position in Endurance International Group Holdings by 116.8% in the second quarter. Schwab Charles Investment Management Inc. now owns 446,300 shares of the company’s stock valued at $4,013,000 after buying an additional 240,459 shares during the last quarter. Cypress Wealth Advisors LLC bought a new position in Endurance International Group Holdings during the second quarter valued at $227,000. Finally, AHL Partners LLP increased its position in Endurance International Group Holdings by 1,102.1% in the second quarter. AHL Partners LLP now owns 232,896 shares of the company’s stock valued at $2,093,000 after buying an additional 213,522 shares during the last quarter. 90.33% of the stock is owned by institutional investors.

Endurance International Group Holdings Company Profile

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