New York State Common Retirement Fund trimmed its holdings in Endurance International Group Holdings, Inc. (NASDAQ:EIGI) by 51.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 102,625 shares of the software maker’s stock after selling 108,702 shares during the quarter. New York State Common Retirement Fund owned about 0.07% of Endurance International Group Holdings worth $857,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Cutler Group LP lifted its stake in Endurance International Group Holdings by 586.7% in the 2nd quarter. Cutler Group LP now owns 14,517 shares of the software maker’s stock worth $121,000 after purchasing an additional 17,500 shares in the last quarter. Karp Capital Management Corp purchased a new position in Endurance International Group Holdings in the 1st quarter worth approximately $146,000. KCG Holdings Inc. purchased a new position in Endurance International Group Holdings in the 1st quarter worth approximately $163,000. Aperio Group LLC lifted its stake in Endurance International Group Holdings by 32.5% in the 2nd quarter. Aperio Group LLC now owns 24,651 shares of the software maker’s stock worth $206,000 after purchasing an additional 6,044 shares in the last quarter. Finally, American International Group Inc. lifted its stake in Endurance International Group Holdings by 7.1% in the 1st quarter. American International Group Inc. now owns 36,962 shares of the software maker’s stock worth $290,000 after purchasing an additional 2,452 shares in the last quarter. 86.55% of the stock is currently owned by institutional investors and hedge funds.

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In other Endurance International Group Holdings news, insider John Orlando sold 8,531 shares of the business’s stock in a transaction that occurred on Tuesday, August 15th. The stock was sold at an average price of $7.85, for a total value of $66,968.35. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Marc Montagner sold 10,229 shares of the business’s stock in a transaction that occurred on Tuesday, September 19th. The shares were sold at an average price of $7.62, for a total value of $77,944.98. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 31,418 shares of company stock worth $244,220. Corporate insiders own 58.20% of the company’s stock.

A number of research analysts have weighed in on EIGI shares. Jefferies Group LLC reissued a “sell” rating and issued a $5.00 target price on shares of Endurance International Group Holdings in a research note on Thursday, September 28th. Zacks Investment Research raised shares of Endurance International Group Holdings from a “sell” rating to a “hold” rating in a research note on Tuesday, October 24th. BidaskClub raised shares of Endurance International Group Holdings from a “hold” rating to a “buy” rating in a research note on Thursday, July 13th. Finally, SunTrust Banks, Inc. reissued a “hold” rating and issued a $8.00 target price on shares of Endurance International Group Holdings in a research note on Thursday, October 12th. Six equities research analysts have rated the stock with a sell rating and two have assigned a hold rating to the stock. The company presently has a consensus rating of “Sell” and a consensus target price of $7.70.

Shares of Endurance International Group Holdings, Inc. (EIGI) opened at $8.20 on Tuesday. The company has a current ratio of 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 23.75. Endurance International Group Holdings, Inc. has a 12-month low of $6.20 and a 12-month high of $9.85.

Endurance International Group Holdings (NASDAQ:EIGI) last released its quarterly earnings results on Tuesday, October 31st. The software maker reported ($0.29) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.16) by ($0.13). The firm had revenue of $295.20 million for the quarter, compared to analysts’ expectations of $290.45 million. Endurance International Group Holdings had a negative net margin of 12.74% and a negative return on equity of 145.17%. The firm’s quarterly revenue was up 1.4% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.24) EPS. sell-side analysts forecast that Endurance International Group Holdings, Inc. will post -1 earnings per share for the current year.

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.

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

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