Endurance International Group Holdings, Inc. (NASDAQ:EIGI) has received a consensus recommendation of “Sell” from the eight brokerages that are presently covering the firm, MarketBeat.com reports. Six equities research analysts have rated the stock with a sell recommendation and two have issued a hold recommendation on the company. The average 1 year price target among brokerages that have covered the stock in the last year is $7.13.

EIGI has been the topic of a number of research reports. BidaskClub upgraded Endurance International Group Holdings from a “hold” rating to a “buy” rating in a research note on Thursday, July 13th. Jefferies Group LLC reaffirmed a “buy” rating and set a $10.50 price objective on shares of Endurance International Group Holdings in a research report on Friday, June 23rd. SunTrust Banks, Inc. began coverage on Endurance International Group Holdings in a research report on Tuesday, August 15th. They set a “hold” rating and a $8.00 price objective on the stock. Cantor Fitzgerald reaffirmed a “hold” rating on shares of Endurance International Group Holdings in a research report on Monday, June 26th. Finally, Zacks Investment Research raised Endurance International Group Holdings from a “sell” rating to a “hold” rating in a research report on Tuesday, July 11th.

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In related news, CFO Marc Montagner sold 6,877 shares of the stock in a transaction on Monday, September 18th. The stock was sold at an average price of $7.55, for a total value of $51,921.35. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider John Orlando sold 8,531 shares of the stock in a transaction on Tuesday, August 15th. The shares were sold at an average price of $7.85, for a total value of $66,968.35. The disclosure for this sale can be found here. Insiders sold 27,402 shares of company stock worth $211,892 in the last three months. 58.20% of the stock is currently owned by corporate insiders.

A number of large investors have recently bought and sold shares of the stock. American International Group Inc. increased its holdings in Endurance International Group Holdings by 7.1% in the first quarter. American International Group Inc. now owns 36,962 shares of the software maker’s stock valued at $290,000 after buying an additional 2,452 shares during the last quarter. Teachers Advisors LLC increased its holdings in Endurance International Group Holdings by 2.7% in the fourth quarter. Teachers Advisors LLC now owns 98,441 shares of the software maker’s stock valued at $916,000 after buying an additional 2,605 shares during the last quarter. Metropolitan Life Insurance Co. NY increased its holdings in Endurance International Group Holdings by 7.2% in the first quarter. Metropolitan Life Insurance Co. NY now owns 40,694 shares of the software maker’s stock valued at $319,000 after buying an additional 2,723 shares during the last quarter. Algert Global LLC increased its holdings in Endurance International Group Holdings by 3.9% in the second quarter. Algert Global LLC now owns 75,361 shares of the software maker’s stock valued at $629,000 after buying an additional 2,816 shares during the last quarter. Finally, Voya Investment Management LLC increased its holdings in Endurance International Group Holdings by 14.9% in the second quarter. Voya Investment Management LLC now owns 29,860 shares of the software maker’s stock valued at $249,000 after buying an additional 3,877 shares during the last quarter. 86.41% of the stock is currently owned by hedge funds and other institutional investors.

Endurance International Group Holdings (NASDAQ:EIGI) remained flat at $8.15 on Friday. The company’s stock had a trading volume of 300,602 shares. The firm’s market cap is $1.17 billion. Endurance International Group Holdings has a 52-week low of $6.20 and a 52-week high of $9.85. The company’s 50 day moving average price is $7.76 and its 200 day moving average price is $7.92.

Endurance International Group Holdings (NASDAQ:EIGI) last released its quarterly earnings results on Tuesday, August 1st. The software maker reported ($0.29) EPS for the quarter, missing analysts’ consensus estimates of ($0.18) by ($0.11). Endurance International Group Holdings had a negative return on equity of 122.84% and a negative net margin of 12.05%. The firm had revenue of $292.26 million for the quarter, compared to analyst estimates of $289.40 million. During the same quarter last year, the company earned ($0.21) earnings per share. The firm’s revenue for the quarter was up .5% on a year-over-year basis. On average, equities research analysts anticipate that Endurance International Group Holdings will post ($0.87) earnings per share for the current year.

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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