State Street Corp lifted its holdings in shares of Endurance International Group Holdings, Inc. (NASDAQ:EIGI) by 7.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,179,899 shares of the software maker’s stock after purchasing an additional 79,607 shares during the quarter. State Street Corp owned approximately 0.82% of Endurance International Group worth $9,849,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in EIGI. First Trust Advisors LP increased its stake in shares of Endurance International Group by 28.4% during the 2nd quarter. First Trust Advisors LP now owns 4,397,050 shares of the software maker’s stock worth $36,715,000 after purchasing an additional 971,296 shares during the last quarter. Spark Investment Management LLC increased its stake in shares of Endurance International Group by 257.5% during the 2nd quarter. Spark Investment Management LLC now owns 766,500 shares of the software maker’s stock worth $6,400,000 after purchasing an additional 552,100 shares during the last quarter. Numeric Investors LLC increased its stake in shares of Endurance International Group by 67.4% during the 2nd quarter. Numeric Investors LLC now owns 562,923 shares of the software maker’s stock worth $4,700,000 after purchasing an additional 226,600 shares during the last quarter. Credit Suisse AG increased its stake in shares of Endurance International Group by 375.4% during the 1st quarter. Credit Suisse AG now owns 266,510 shares of the software maker’s stock worth $2,093,000 after purchasing an additional 210,449 shares during the last quarter. Finally, Renaissance Technologies LLC increased its stake in shares of Endurance International Group by 1,387.3% during the 1st quarter. Renaissance Technologies LLC now owns 187,400 shares of the software maker’s stock worth $1,471,000 after purchasing an additional 174,800 shares during the last quarter. Institutional investors own 86.46% of the company’s stock.

Shares of Endurance International Group Holdings, Inc. (EIGI) opened at $9.40 on Tuesday. The company has a debt-to-equity ratio of 31.15, a quick ratio of 0.33 and a current ratio of 0.33. Endurance International Group Holdings, Inc. has a 1-year low of $6.20 and a 1-year high of $9.85.

Endurance International Group (NASDAQ:EIGI) last posted its quarterly earnings data on Tuesday, October 31st. The software maker reported ($0.29) earnings per share (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 the consensus estimate of $290.45 million. Endurance International Group had a negative return on equity of 161.36% and a negative net margin of 12.74%. Endurance International Group’s quarterly revenue was up 1.4% on a year-over-year basis. During the same period in the prior year, the company posted ($0.24) earnings per share. research analysts expect that Endurance International Group Holdings, Inc. will post -1 earnings per share for the current fiscal year.

EIGI has been the topic of several analyst reports. Zacks Investment Research lowered shares of Endurance International Group from a “hold” rating to a “sell” rating in a research note on Friday, August 4th. BidaskClub lowered shares of Endurance International Group from a “hold” rating to a “sell” rating in a research note on Saturday, August 5th. SunTrust Banks, Inc. started coverage on shares of Endurance International Group in a report on Tuesday, August 15th. They set a “hold” rating and a $8.00 price objective for the company. Finally, Jefferies Group LLC downgraded shares of Endurance International Group from a “buy” rating to an “underperform” rating and decreased their price objective for the stock from $10.50 to $5.00 in a report on Thursday, August 24th. Five research analysts have rated the stock with a sell rating and three have given a hold rating to the company’s stock. The stock currently has an average rating of “Sell” and a consensus target price of $7.70.

In related news, CFO Marc Montagner sold 10,229 shares of the company’s stock in a transaction on Tuesday, September 19th. The shares were sold at an average price of $7.62, for a total transaction of $77,944.98. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Over the last ninety days, insiders have sold 22,887 shares of company stock valued at $177,251. 58.20% of the stock is owned by insiders.

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

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