Endurance International Group Holdings, Inc. (NASDAQ:EIGI) had its price objective raised by equities research analysts at Jefferies Group LLC from $5.00 to $6.00 in a research note issued on Wednesday. The brokerage currently has an “underperform” rating on the software maker’s stock. Jefferies Group LLC’s price target points to a potential downside of 26.83% from the stock’s current price.

Several other brokerages also recently commented on EIGI. BidaskClub raised shares of Endurance International Group Holdings from a “hold” rating to a “buy” rating in a report on Thursday, July 13th. Zacks Investment Research raised shares of Endurance International Group Holdings from a “sell” rating to a “hold” rating in a report on Tuesday, July 11th. Finally, SunTrust Banks, Inc. reissued a “hold” rating and issued a $8.00 price target on shares of Endurance International Group Holdings in a report on Thursday, October 12th. Five investment analysts have rated the stock with a sell rating and three have given a hold rating to the company’s stock. The stock presently has a consensus rating of “Sell” and an average price target of $7.70.

Endurance International Group Holdings (EIGI) traded up 0.61% during midday trading on Wednesday, reaching $8.25. The company’s stock had a trading volume of 173,646 shares. The stock has a 50-day moving average price of $7.99 and a 200 day moving average price of $7.99. The company’s market cap is $1.18 billion. Endurance International Group Holdings has a 12 month low of $6.20 and a 12 month high of $9.85.

Endurance International Group Holdings (NASDAQ:EIGI) last announced its quarterly earnings results on Tuesday, October 31st. The software maker reported ($0.29) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.16) by ($0.13). 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 $295.20 million during the quarter, compared to the consensus estimate of $290.45 million. During the same period in the previous year, the business earned ($0.24) earnings per share. The firm’s revenue for the quarter was up 1.4% on a year-over-year basis. Analysts expect that Endurance International Group Holdings will post ($0.87) earnings per share for the current fiscal year.

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In other news, insider John Orlando sold 8,531 shares of Endurance International Group Holdings 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 filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Marc Montagner sold 10,229 shares of Endurance International Group Holdings stock in a transaction on Tuesday, September 19th. The stock was sold at an average price of $7.62, for a total transaction of $77,944.98. The disclosure for this sale can be found here. Insiders have sold a total of 28,482 shares of company stock valued at $219,939 over the last ninety days. 58.20% of the stock is currently owned by insiders.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Cutler Group LP lifted its holdings in shares of Endurance International Group Holdings by 586.7% during the 2nd quarter. Cutler Group LP now owns 14,517 shares of the software maker’s stock worth $121,000 after acquiring an additional 17,500 shares during the last quarter. Karp Capital Management Corp bought a new stake in shares of Endurance International Group Holdings during the 1st quarter worth $146,000. Cubist Systematic Strategies LLC lifted its holdings in shares of Endurance International Group Holdings by 37.4% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 18,791 shares of the software maker’s stock worth $157,000 after acquiring an additional 5,111 shares during the last quarter. KCG Holdings Inc. bought a new stake in shares of Endurance International Group Holdings during the 1st quarter worth $163,000. Finally, Wolverine Trading LLC lifted its holdings in shares of Endurance International Group Holdings by 650.3% during the 2nd quarter. Wolverine Trading LLC now owns 20,814 shares of the software maker’s stock worth $178,000 after acquiring an additional 18,040 shares during the last quarter. 86.53% of the stock is owned by institutional investors.

Endurance International Group Holdings Company 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.

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

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