Endurance International Group (NASDAQ:EIGI) insider David C. Bryson sold 4,888 shares of the stock in a transaction on Monday, April 2nd. The shares were sold at an average price of $7.30, for a total value of $35,682.40. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Shares of EIGI stock opened at $7.25 on Friday. The company has a quick ratio of 0.32, a current ratio of 0.32 and a debt-to-equity ratio of 22.48. Endurance International Group has a 1 year low of $6.20 and a 1 year high of $9.50.
Endurance International Group (NASDAQ:EIGI) last issued its earnings results on Tuesday, February 13th. The software maker reported $0.05 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.15) by $0.20. The company had revenue of $294.25 million during the quarter, compared to analyst estimates of $289.22 million. Endurance International Group had a negative return on equity of 130.24% and a negative net margin of 9.12%. The firm’s quarterly revenue was up .7% on a year-over-year basis. During the same quarter last year, the business posted ($0.26) EPS. equities research analysts anticipate that Endurance International Group will post -0.19 EPS for the current year.
A number of hedge funds have recently modified their holdings of EIGI. Okumus Fund Management Ltd. raised its stake in Endurance International Group by 4.9% in the 4th quarter. Okumus Fund Management Ltd. now owns 12,801,052 shares of the software maker’s stock worth $107,529,000 after acquiring an additional 601,025 shares during the last quarter. Renaissance Technologies LLC raised its stake in Endurance International Group by 48.6% in the 4th quarter. Renaissance Technologies LLC now owns 1,708,800 shares of the software maker’s stock worth $14,354,000 after acquiring an additional 559,200 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in Endurance International Group by 206.3% in the 3rd quarter. Dimensional Fund Advisors LP now owns 439,559 shares of the software maker’s stock worth $3,604,000 after acquiring an additional 296,037 shares during the last quarter. Millennium Management LLC raised its stake in Endurance International Group by 165.8% in the 4th quarter. Millennium Management LLC now owns 337,639 shares of the software maker’s stock worth $2,836,000 after acquiring an additional 210,616 shares during the last quarter. Finally, First Trust Advisors LP raised its stake in Endurance International Group by 3.4% in the 4th quarter. First Trust Advisors LP now owns 4,743,982 shares of the software maker’s stock worth $39,849,000 after acquiring an additional 157,922 shares during the last quarter. Institutional investors own 89.57% of the company’s stock.
Endurance International Group Company Profile
Endurance International Group Holdings, Inc, together with its subsidiaries, provides cloud-based platform solutions for small-and medium-sized businesses worldwide. The company operates in three segments: Web Presence, Domain, and Email Marketing. It offers Web hosting services, including entry-level shared hosting, and virtual private server and dedicated hosting solutions; Website building tools that enable subscribers with varying degrees of technical sophistication to create a Web presence; domain registration, management, and resale services; malware protection solutions to protect subscribers' Websites from viruses, malicious code, and other threats; and backup control solutions that enable subscribers to schedule, maintain, manage, and restore backups of their online data and Websites.
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