Stoneridge Investment Partners LLC decreased its position in shares of Endurance International Group Holdings, Inc. (NASDAQ:EIGI) by 52.2% during the second quarter, Holdings Channel reports. The fund owned 103,376 shares of the software maker’s stock after selling 112,893 shares during the period. Stoneridge Investment Partners LLC’s holdings in Endurance International Group Holdings were worth $863,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. American International Group Inc. increased its stake 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 worth $290,000 after buying an additional 2,452 shares during the last quarter. Teachers Advisors LLC increased its stake 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 worth $916,000 after buying an additional 2,605 shares during the last quarter. Metropolitan Life Insurance Co. NY increased its stake 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 worth $319,000 after buying an additional 2,723 shares during the last quarter. Algert Global LLC increased its stake 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 worth $629,000 after buying an additional 2,816 shares during the last quarter. Finally, Aperio Group LLC increased its stake in Endurance International Group Holdings by 32.5% in the second quarter. Aperio Group LLC now owns 24,651 shares of the software maker’s stock worth $206,000 after buying an additional 6,044 shares during the last quarter. Institutional investors own 85.51% of the company’s stock.

Shares of Endurance International Group Holdings, Inc. (EIGI) opened at 7.55 on Friday. Endurance International Group Holdings, Inc. has a 52-week low of $6.20 and a 52-week high of $9.85. The firm’s market capitalization is $1.08 billion. The stock’s 50 day moving average is $8.52 and its 200-day moving average is $8.07.

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

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A number of equities research analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of Endurance International Group Holdings from a “sell” rating to a “hold” rating in a research report on Tuesday, July 11th. Cantor Fitzgerald reiterated a “hold” rating on shares of Endurance International Group Holdings in a research report on Monday, June 26th. Jefferies Group LLC reiterated a “buy” rating and set a $10.50 price target on shares of Endurance International Group Holdings in a research report on Friday, June 23rd. BidaskClub downgraded shares of Endurance International Group Holdings from a “hold” rating to a “sell” rating in a research report on Saturday, August 5th. Finally, ValuEngine upgraded shares of Endurance International Group Holdings from a “strong sell” rating to a “sell” rating in a research report on Thursday, May 11th. Five analysts have rated the stock with a sell rating, one has issued a hold rating and one has assigned a buy rating to the stock. Endurance International Group Holdings has an average rating of “Sell” and an average price target of $9.00.

In other news, insider Katherine J. Andreasen sold 5,000 shares of the stock in a transaction that occurred on Friday, May 19th. The shares were sold at an average price of $7.58, for a total value of $37,900.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider John Orlando sold 17,732 shares of the stock in a transaction that occurred on Monday, May 15th. The shares were sold at an average price of $7.90, for a total transaction of $140,082.80. The disclosure for this sale can be found here. Insiders sold 47,545 shares of company stock valued at $378,396 over the last quarter. Insiders own 58.20% of the company’s stock.

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.

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

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