Legal & General Group Plc cut its stake in shares of Endurance International Group Holdings, Inc. (NASDAQ:EIGI) by 1.4% during the first quarter, Holdings Channel reports. The firm owned 19,141 shares of the software maker’s stock after selling 271 shares during the period. Legal & General Group Plc’s holdings in Endurance International Group Holdings were worth $151,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in EIGI. Nine Chapters Capital Management LLC acquired a new stake in shares of Endurance International Group Holdings during the first quarter valued at about $122,000. Stevens Capital Management LP acquired a new stake in shares of Endurance International Group Holdings during the first quarter valued at about $143,000. Karp Capital Management Corp acquired a new stake in shares of Endurance International Group Holdings during the first quarter valued at about $146,000. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Endurance International Group Holdings during the first quarter valued at about $163,000. Finally, Quantbot Technologies LP acquired a new stake in shares of Endurance International Group Holdings during the first quarter valued at about $288,000. 86.11% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Endurance International Group Holdings, Inc. (EIGI) traded down 0.63% during mid-day trading on Tuesday, reaching $7.90. The company’s stock had a trading volume of 13,808 shares. The company has a 50-day moving average of $8.48 and a 200-day moving average of $8.06. Endurance International Group Holdings, Inc. has a 12 month low of $6.20 and a 12 month high of $9.85. The firm’s market cap is $1.13 billion.

Endurance International Group Holdings (NASDAQ:EIGI) last posted its quarterly earnings data on Tuesday, August 1st. The software maker reported ($0.29) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.18) by $0.11. The company had revenue of $292.26 million during the quarter, compared to analyst estimates of $289.40 million. Endurance International Group Holdings had a negative return on equity of 122.84% and a negative net margin of 12.05%. Endurance International Group Holdings’s revenue was up .5% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.21) earnings per share. On average, analysts predict that Endurance International Group Holdings, Inc. will post ($0.85) earnings per share for the current year.

WARNING: This piece of content was reported by Watch List News and is owned by of Watch List News. If you are reading this piece of content on another website, it was stolen and reposted in violation of United States and international copyright & trademark laws. The correct version of this piece of content can be read at https://www.watchlistnews.com/legal-general-group-plc-has-151000-position-in-endurance-international-group-holdings-inc-eigi/1491597.html.

EIGI has been the topic of several analyst reports. BidaskClub raised shares of Endurance International Group Holdings from a “hold” rating to a “buy” rating in a report on Thursday, July 13th. Jefferies Group LLC restated a “buy” rating and issued a $10.50 target price on shares of Endurance International Group Holdings in a research note on Friday, June 23rd. Cantor Fitzgerald restated a “hold” rating on shares of Endurance International Group Holdings in a research note on Monday, June 26th. 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. Finally, ValuEngine upgraded shares of Endurance International Group Holdings from a “strong sell” rating to a “sell” rating in a research note on Thursday, May 11th. Five research analysts have rated the stock with a sell rating, one has issued a hold rating and one has assigned a buy rating to the company’s stock. Endurance International Group Holdings presently has an average rating of “Sell” and an average target price of $9.00.

In other Endurance International Group Holdings news, insider Katherine J. Andreasen sold 5,000 shares of Endurance International Group Holdings stock in a transaction that occurred on Friday, May 19th. The stock was sold at an average price of $7.58, for a total value of $37,900.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Over the last ninety days, insiders sold 9,813 shares of company stock worth $78,314. 58.20% of the stock is owned by insiders.

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 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.

Want to see what other hedge funds are holding EIGI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Endurance International Group Holdings, Inc. (NASDAQ:EIGI).

Institutional Ownership by Quarter for Endurance International Group Holdings (NASDAQ:EIGI)

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