Bbva Compass Bancshares Inc. lessened its stake in shares of Electronics for Imaging, Inc. (NASDAQ:EFII) by 25.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 11,791 shares of the technology company’s stock after selling 4,057 shares during the period. Bbva Compass Bancshares Inc.’s holdings in Electronics for Imaging were worth $503,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the business. Arizona State Retirement System grew its position in Electronics for Imaging by 0.4% during the 2nd quarter. Arizona State Retirement System now owns 24,269 shares of the technology company’s stock worth $1,150,000 after purchasing an additional 100 shares during the last quarter. State Board of Administration of Florida Retirement System grew its position in Electronics for Imaging by 0.5% during the 2nd quarter. State Board of Administration of Florida Retirement System now owns 27,266 shares of the technology company’s stock worth $1,292,000 after purchasing an additional 123 shares during the last quarter. Amalgamated Bank grew its position in Electronics for Imaging by 3.2% during the 2nd quarter. Amalgamated Bank now owns 6,413 shares of the technology company’s stock worth $304,000 after purchasing an additional 198 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Electronics for Imaging by 9.5% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,504 shares of the technology company’s stock worth $119,000 after purchasing an additional 217 shares during the last quarter. Finally, Campbell Newman Asset Management Inc. grew its position in Electronics for Imaging by 4.8% during the 2nd quarter. Campbell Newman Asset Management Inc. now owns 5,171 shares of the technology company’s stock worth $245,000 after purchasing an additional 235 shares during the last quarter.

In other news, CEO Guy Gecht sold 9,000 shares of the company’s stock in a transaction on Wednesday, September 27th. The shares were sold at an average price of $42.76, for a total value of $384,840.00. Following the sale, the chief executive officer now directly owns 364,885 shares of the company’s stock, valued at approximately $15,602,482.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders sold a total of 27,000 shares of company stock worth $1,019,520 over the last ninety days. Insiders own 1.88% of the company’s stock.

Shares of Electronics for Imaging, Inc. (EFII) opened at $31.26 on Monday. The firm has a market cap of $1,449.78, a P/E ratio of 48.09 and a beta of 1.26. The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.20 and a current ratio of 2.62.

Electronics for Imaging (NASDAQ:EFII) last released its quarterly earnings data on Thursday, October 26th. The technology company reported $0.48 EPS for the quarter, missing the consensus estimate of $0.58 by ($0.10). The business had revenue of $248.36 million during the quarter, compared to analysts’ expectations of $258.09 million. Electronics for Imaging had a net margin of 3.09% and a return on equity of 3.67%. The firm’s revenue was up 1.1% on a year-over-year basis. During the same period last year, the company earned $0.58 earnings per share. analysts predict that Electronics for Imaging, Inc. will post 0.28 EPS for the current year.

Electronics for Imaging declared that its board has initiated a stock repurchase plan on Monday, September 11th that permits the company to repurchase $125.00 million in shares. This repurchase authorization permits the technology company to repurchase shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board of directors believes its stock is undervalued.

EFII has been the topic of several research analyst reports. BidaskClub downgraded shares of Electronics for Imaging from a “buy” rating to a “hold” rating in a research report on Wednesday, July 19th. Loop Capital initiated coverage on shares of Electronics for Imaging in a research report on Monday, July 24th. They set a “buy” rating and a $58.00 target price on the stock. Longbow Research downgraded shares of Electronics for Imaging from a “neutral” rating to an “underperform” rating in a research report on Friday, August 4th. Morgan Stanley downgraded shares of Electronics for Imaging from an “equal weight” rating to an “underweight” rating in a research report on Friday, August 4th. Finally, Cross Research downgraded shares of Electronics for Imaging from a “buy” rating to a “hold” rating and set a $55.00 target price on the stock. in a research report on Friday, August 4th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and eight have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $45.75.

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Electronics for Imaging Company Profile

Electronics For Imaging, Inc is engaged in digital printing, focused on the transformation of the printing, packaging, ceramic tile decoration, and textile industries from the use of traditional analog-based printing to digital on-demand printing. It operates through three segments. The Industrial Inkjet segment consists of its VUTEk and Matan super-wide and wide format display graphics, Reggiani textile, Jetrion label and packaging and Cretaprint ceramic tile decoration and construction material industrial digital inkjet printers; ceramic, water-based, and thermoforming ink, and digital inkjet printer parts, and professional services.

Institutional Ownership by Quarter for Electronics for Imaging (NASDAQ:EFII)

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