Dimensional Fund Advisors LP Purchases Shares of 143,522 Endurance International Group Holdings Inc (EIGI)

Dimensional Fund Advisors LP purchased a new position in shares of Endurance International Group Holdings Inc (NASDAQ:EIGI) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 143,522 shares of the software maker’s stock, valued at approximately $1,198,000. Dimensional Fund Advisors LP owned approximately 0.10% of Endurance International Group at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of EIGI. KCG Holdings Inc. acquired a new position in shares of Endurance International Group during the first quarter worth $163,000. Aperio Group LLC grew its holdings in shares of Endurance International Group by 32.5% during the second quarter. Aperio Group LLC now owns 24,651 shares of the software maker’s stock valued at $206,000 after buying an additional 6,044 shares during the last quarter. Metropolitan Life Insurance Co. NY grew its holdings in shares of Endurance International Group by 7.2% during the first quarter. Metropolitan Life Insurance Co. NY now owns 40,694 shares of the software maker’s stock valued at $319,000 after buying an additional 2,723 shares during the last quarter. GSA Capital Partners LLP purchased a new stake in shares of Endurance International Group during the second quarter valued at $384,000. Finally, Citigroup Inc. grew its holdings in shares of Endurance International Group by 110.7% during the second quarter. Citigroup Inc. now owns 67,581 shares of the software maker’s stock valued at $564,000 after buying an additional 35,512 shares during the last quarter. 86.43% of the stock is currently owned by institutional investors and hedge funds.

In other Endurance International Group news, CFO Marc Montagner sold 6,877 shares of the company’s stock in a transaction on 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 document filed with the SEC, which is available through this hyperlink. Over the last ninety days, insiders sold 22,722 shares of company stock worth $175,989. 58.20% of the stock is owned by corporate insiders.

Endurance International Group Holdings Inc (NASDAQ EIGI) traded up $0.05 during trading hours on Friday, reaching $8.50. 792,120 shares of the company’s stock traded hands, compared to its average volume of 418,722. Endurance International Group Holdings Inc has a one year low of $6.20 and a one year high of $9.85. 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 (NASDAQ:EIGI) last posted its quarterly earnings results on Tuesday, October 31st. The software maker reported ($0.29) EPS for the quarter, missing the consensus estimate of ($0.16) by ($0.13). Endurance International Group had a negative net margin of 12.74% and a negative return on equity of 161.36%. The business had revenue of $295.20 million during the quarter, compared to analysts’ expectations of $290.45 million. During the same period in the previous year, the company posted ($0.24) earnings per share. Endurance International Group’s revenue for the quarter was up 1.4% compared to the same quarter last year. sell-side analysts anticipate that Endurance International Group Holdings Inc will post -1 earnings per share for the current year.

A number of equities research analysts have recently weighed in on EIGI shares. SunTrust Banks reissued a “hold” rating and set a $8.00 price objective on shares of Endurance International Group in a report on Friday, November 17th. Jefferies Group reissued a “sell” rating and set a $5.00 price objective on shares of Endurance International Group in a report on Tuesday, October 31st. Zacks Investment Research raised shares of Endurance International Group from a “sell” rating to a “hold” rating in a report on Tuesday, October 24th. Oppenheimer reissued a “buy” rating and set a $12.00 price objective on shares of Endurance International Group in a report on Tuesday, December 12th. Finally, BidaskClub lowered shares of Endurance International Group from a “hold” rating to a “sell” rating in a report on Tuesday, December 12th. Five analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $8.42.

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Endurance International Group 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.

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

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