Endurance International Group Holdings Inc. (NASDAQ:EIGI) CFO Marc Montagner sold 10,490 shares of the company’s stock in a transaction on Friday, September 16th. The shares were sold at an average price of $8.25, for a total value of $86,542.50. Following the completion of the transaction, the chief financial officer now directly owns 186,468 shares in the company, valued at $1,538,361. The sale was disclosed in a filing with the SEC, which is available through this link.

Shares of Endurance International Group Holdings Inc. (NASDAQ:EIGI) opened at 8.54 on Thursday. The company’s market capitalization is $1.21 billion. Endurance International Group Holdings Inc. has a 12 month low of $6.55 and a 12 month high of $15.48. The company’s 50 day moving average price is $7.93 and its 200 day moving average price is $9.15.

Endurance International Group Holdings (NASDAQ:EIGI) last issued its quarterly earnings results on Tuesday, August 2nd. The company reported ($0.02) EPS for the quarter, missing the Zacks’ consensus estimate of $0.34 by $0.36. The business had revenue of $290.70 million for the quarter, compared to the consensus estimate 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 revenue was up 60.4% compared to the same quarter last year. During the same quarter last year, the business posted ($0.02) earnings per share. Analysts expect that Endurance International Group Holdings Inc. will post ($0.43) EPS for the current fiscal year.

EIGI has been the topic of a number of research reports. Jefferies Group reaffirmed a “buy” rating on shares of Endurance International Group Holdings in a report on Monday, July 11th. Zacks Investment Research raised Endurance International Group Holdings from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 19th. Wells Fargo & Co. lowered Endurance International Group Holdings from an “outperform” rating to a “market perform” rating in a report on Wednesday, August 3rd. Deutsche Bank AG reduced their target price on Endurance International Group Holdings from $12.00 to $8.00 and set a “hold” rating on the stock in a report on Wednesday, August 3rd. Finally, TheStreet lowered Endurance International Group Holdings from a “hold” rating to a “sell” rating in a report on Thursday, August 4th. Two analysts have rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the company’s stock. Endurance International Group Holdings has an average rating of “Hold” and a consensus target price of $13.06.

Several hedge funds have recently modified their holdings of EIGI. FMR LLC raised its stake in shares of Endurance International Group Holdings by 2.7% in the second quarter. FMR LLC now owns 21,066,365 shares of the company’s stock valued at $189,387,000 after buying an additional 549,159 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of Endurance International Group Holdings by 10.8% in the second quarter. Vanguard Group Inc. now owns 4,857,832 shares of the company’s stock valued at $43,673,000 after buying an additional 475,082 shares during the last quarter. First Trust Advisors LP raised its stake in shares of Endurance International Group Holdings by 13.8% in the second quarter. First Trust Advisors LP now owns 2,304,832 shares of the company’s stock valued at $20,720,000 after buying an additional 279,073 shares during the last quarter. BlackRock Institutional Trust Company N.A. raised its stake in shares of Endurance International Group Holdings by 3.1% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 1,596,586 shares of the company’s stock valued at $14,353,000 after buying an additional 47,584 shares during the last quarter. Finally, BlackRock Fund Advisors raised its stake in shares of Endurance International Group Holdings by 1.9% in the second quarter. BlackRock Fund Advisors now owns 1,443,904 shares of the company’s stock valued at $12,981,000 after buying an additional 27,115 shares during the last quarter. Hedge funds and other institutional investors own 90.32% of the company’s stock.

About Endurance International Group Holdings

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 serves approximately 4.7 million subscribers across the globe with an integrated suite of over 150 products and services.

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