Insider Selling: Endurance International Group (EIGI) CAO Sells $13,760.50 in Stock

Endurance International Group (NASDAQ:EIGI) CAO Timothy S. Mathews sold 1,885 shares of the stock in a transaction that occurred on Monday, April 2nd. The shares were sold at an average price of $7.30, for a total value of $13,760.50. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Shares of Endurance International Group stock opened at $7.25 on Friday. The company has a debt-to-equity ratio of 22.48, a quick ratio of 0.32 and a current ratio of 0.32. Endurance International Group has a 1 year low of $6.20 and a 1 year high of $9.50.

How to Become a New Pot Stock Millionaire

Endurance International Group (NASDAQ:EIGI) last announced its quarterly earnings data on Tuesday, February 13th. The software maker reported $0.05 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.15) by $0.20. The business had revenue of $294.25 million for the quarter, compared to the consensus estimate of $289.22 million. Endurance International Group had a negative net margin of 9.12% and a negative return on equity of 130.24%. Endurance International Group’s quarterly revenue was up .7% on a year-over-year basis. During the same quarter last year, the company posted ($0.26) earnings per share. equities analysts anticipate that Endurance International Group will post -0.19 earnings per share for the current year.

Several equities analysts have commented on EIGI shares. BidaskClub upgraded Endurance International Group from a “strong sell” rating to a “sell” rating in a report on Thursday, February 22nd. Morgan Stanley lowered their price target on Endurance International Group from $8.00 to $7.75 and set an “underweight” rating on the stock in a report on Wednesday, February 14th. Goldman Sachs started coverage on Endurance International Group in a report on Friday, March 23rd. They set a “sell” rating and a $8.50 price target on the stock. Credit Suisse Group lowered their price target on Endurance International Group from $10.00 to $9.00 and set an “outperform” rating on the stock in a report on Wednesday, February 14th. Finally, Zacks Investment Research downgraded Endurance International Group from a “hold” rating to a “sell” rating in a report on Wednesday, January 10th. Five analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $8.04.

Institutional investors have recently made changes to their positions in the company. Jane Street Group LLC acquired a new stake in shares of Endurance International Group in the third quarter worth $102,000. Stone Ridge Asset Management LLC acquired a new stake in shares of Endurance International Group in the fourth quarter worth $141,000. Teacher Retirement System of Texas acquired a new stake in shares of Endurance International Group in the fourth quarter worth $183,000. MetLife Investment Advisors LLC acquired a new stake in shares of Endurance International Group in the fourth quarter worth $230,000. Finally, Aperio Group LLC grew its stake in shares of Endurance International Group by 46.6% in the fourth quarter. Aperio Group LLC now owns 30,759 shares of the software maker’s stock worth $258,000 after acquiring an additional 9,775 shares during the last quarter. Institutional investors and hedge funds own 89.57% of the company’s stock.

ILLEGAL ACTIVITY WARNING: “Insider Selling: Endurance International Group (EIGI) CAO Sells $13,760.50 in Stock” was originally published by Ticker Report and is owned by of Ticker Report. If you are accessing this story on another domain, it was stolen and reposted in violation of US and international trademark & copyright laws. The original version of this story can be read at https://www.tickerreport.com/banking-finance/3338429/insider-selling-endurance-international-group-eigi-cao-sells-13760-50-in-stock.html.

About Endurance International Group

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.

Insider Buying and Selling by Quarter for Endurance International Group (NASDAQ:EIGI)

Receive News & Ratings for Endurance International Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Endurance International Group and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Check Point Software Technologies  PT Lowered to $117.00
Check Point Software Technologies PT Lowered to $117.00
Village Super Market  & Sprouts Farmers Market  Critical Survey
Village Super Market & Sprouts Farmers Market Critical Survey
Head to Head Review: Randgold Resources  & Agnico Eagle Mines
Head to Head Review: Randgold Resources & Agnico Eagle Mines
Analysts Expect J & J Snack Foods  to Post $1.01 EPS
Analysts Expect J & J Snack Foods to Post $1.01 EPS
Arrow Electronics  and Ituran  Head to Head Analysis
Arrow Electronics and Ituran Head to Head Analysis
Teva Pharmaceutical Industries  Expected to Announce Quarterly Sales of $4.80 Billion
Teva Pharmaceutical Industries Expected to Announce Quarterly Sales of $4.80 Billion


© 2006-2018 Ticker Report. Google+.