Endurance International Group Holdings Inc (EIGI) Shares Bought by Engineers Gate Manager LP

Engineers Gate Manager LP boosted its stake in Endurance International Group Holdings Inc (NASDAQ:EIGI) by 32.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 55,628 shares of the software maker’s stock after buying an additional 13,679 shares during the period. Engineers Gate Manager LP’s holdings in Endurance International Group were worth $467,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Jane Street Group LLC purchased a new stake in Endurance International Group in the third quarter worth about $102,000. Cubist Systematic Strategies LLC lifted its holdings in Endurance International Group by 37.4% in the second quarter. Cubist Systematic Strategies LLC now owns 18,791 shares of the software maker’s stock worth $157,000 after buying an additional 5,111 shares during the period. Voya Investment Management LLC lifted its holdings in Endurance International Group by 14.9% in the second quarter. Voya Investment Management LLC now owns 29,860 shares of the software maker’s stock worth $249,000 after buying an additional 3,877 shares during the period. Gotham Asset Management LLC lifted its holdings in Endurance International Group by 33.8% in the second quarter. Gotham Asset Management LLC now owns 52,987 shares of the software maker’s stock worth $442,000 after buying an additional 13,387 shares during the period. Finally, Alliancebernstein L.P. lifted its holdings in Endurance International Group by 8.8% in the second quarter. Alliancebernstein L.P. now owns 70,600 shares of the software maker’s stock worth $590,000 after buying an additional 5,700 shares during the period. Institutional investors and hedge funds own 86.46% of the company’s stock.

Several analysts have commented on the stock. BidaskClub lowered shares of Endurance International Group from a “hold” rating to a “sell” rating in a report on Tuesday, December 12th. Zacks Investment Research upgraded shares of Endurance International Group from a “sell” rating to a “hold” rating in a report on Friday, November 10th. Jefferies Group raised their price objective on shares of Endurance International Group from $5.00 to $6.00 and gave the stock an “underperform” rating in a report on Wednesday, November 1st. Oppenheimer restated a “buy” rating and issued a $12.00 price objective on shares of Endurance International Group in a report on Tuesday, December 12th. Finally, SunTrust Banks restated a “hold” rating and issued a $8.00 price objective on shares of Endurance International Group in a report on Friday, November 17th. Five investment analysts have rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $8.70.

Endurance International Group Holdings Inc (NASDAQ:EIGI) opened at $7.35 on Wednesday. Endurance International Group Holdings Inc has a 1-year low of $6.20 and a 1-year high of $9.85. The stock has a market cap of $1,076.19, a P/E ratio of -6.68 and a beta of 1.85. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 31.15.

Endurance International Group (NASDAQ:EIGI) last released its earnings results on Tuesday, February 13th. The software maker reported $0.05 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.15) by $0.20. Endurance International Group had a negative net margin of 12.74% and a negative return on equity of 161.36%. The firm had revenue of $294.25 million during the quarter, compared to analyst estimates of $289.22 million. During the same period last year, the business earned ($0.26) earnings per share. The business’s revenue was up .7% on a year-over-year basis. sell-side analysts predict that Endurance International Group Holdings Inc will post -1 EPS for the current fiscal year.

ILLEGAL ACTIVITY NOTICE: “Endurance International Group Holdings Inc (EIGI) Shares Bought by Engineers Gate Manager LP” was originally reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are viewing this article on another website, it was copied illegally and republished in violation of U.S. & international trademark & copyright laws. The legal version of this article can be accessed at https://www.dispatchtribunal.com/2018/02/14/endurance-international-group-holdings-inc-eigi-shares-bought-by-engineers-gate-manager-lp.html.

About Endurance International Group

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 (NASDAQ:EIGI)

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

Leave a Reply