Shares of Endurance International Group Holdings, Inc. (NASDAQ:EIGI) saw strong trading volume on Monday . 1,518,447 shares were traded during trading, an increase of 205% from the previous session’s volume of 498,195 shares.The stock last traded at $7.95 and had previously closed at $7.85.

A number of equities research analysts have recently issued reports on the stock. BidaskClub raised shares of Endurance International Group Holdings from a “hold” rating to a “buy” rating in a research report on Thursday, July 13th. Zacks Investment Research upgraded shares of Endurance International Group Holdings from a “sell” rating to a “hold” rating in a research note on Tuesday, July 11th. Cantor Fitzgerald restated a “hold” rating on shares of Endurance International Group Holdings in a research note on Monday, June 26th. Jefferies Group LLC restated a “buy” rating and set a $10.50 target price on shares of Endurance International Group Holdings in a research note on Friday, June 23rd. Finally, SunTrust Banks, Inc. started coverage on shares of Endurance International Group Holdings in a research note on Tuesday, August 15th. They set a “hold” rating and a $8.00 target price on the stock. Six investment analysts have rated the stock with a sell rating and two have assigned a hold rating to the stock. The company currently has a consensus rating of “Sell” and a consensus target price of $7.92.

Endurance International Group Holdings (NASDAQ:EIGI) last announced its earnings results on Tuesday, August 1st. The software maker reported ($0.29) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.18) by ($0.11). Endurance International Group Holdings had a negative net margin of 12.05% and a negative return on equity of 122.84%. The company had revenue of $292.26 million during the quarter, compared to analyst estimates of $289.40 million. During the same quarter last year, the business earned ($0.21) EPS. The firm’s revenue for the quarter was up .5% compared to the same quarter last year.

In other news, CFO Marc Montagner sold 6,877 shares of the firm’s stock in a transaction dated Monday, September 18th. The shares were sold at an average price of $7.55, for a total value of $51,921.35. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider John Orlando sold 8,531 shares of the firm’s stock in a transaction dated Tuesday, August 15th. The stock was sold at an average price of $7.85, for a total transaction of $66,968.35. The disclosure for this sale can be found here. In the last quarter, insiders sold 27,403 shares of company stock worth $212,035. Company insiders own 58.20% of the company’s stock.

Several large investors have recently bought and sold shares of EIGI. Teachers Advisors LLC lifted its stake in shares of 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 worth $916,000 after buying an additional 2,605 shares in the last quarter. Karp Capital Management Corp purchased a new position in shares of Endurance International Group Holdings in the first quarter worth about $146,000. Stevens Capital Management LP purchased a new position in shares of Endurance International Group Holdings in the first quarter worth about $143,000. Quantbot Technologies LP purchased a new position in shares of Endurance International Group Holdings in the first quarter worth about $288,000. Finally, JPMorgan Chase & Co. lifted its stake in shares of Endurance International Group Holdings by 14.3% in the first quarter. JPMorgan Chase & Co. now owns 55,912 shares of the software maker’s stock worth $438,000 after buying an additional 7,011 shares in the last quarter. 86.41% of the stock is currently owned by hedge funds and other institutional investors.

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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.

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