Texas Permanent School Fund lowered its stake in Electronics For Imaging, Inc. (NASDAQ:EFII) by 9.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 30,886 shares of the technology company’s stock after selling 3,038 shares during the quarter. Texas Permanent School Fund owned approximately 0.07% of Electronics For Imaging worth $912,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors have also added to or reduced their stakes in the business. Becker Capital Management Inc. raised its holdings in shares of Electronics For Imaging by 1,078.2% during the 3rd quarter. Becker Capital Management Inc. now owns 586,335 shares of the technology company’s stock valued at $25,025,000 after buying an additional 536,569 shares in the last quarter. Elk Creek Partners LLC grew its position in shares of Electronics For Imaging by 112.4% in the 3rd quarter. Elk Creek Partners LLC now owns 557,110 shares of the technology company’s stock worth $23,777,000 after buying an additional 294,816 shares during the last quarter. Smith Graham & Co. Investment Advisors LP grew its position in shares of Electronics For Imaging by 147.9% in the 3rd quarter. Smith Graham & Co. Investment Advisors LP now owns 338,185 shares of the technology company’s stock worth $14,434,000 after buying an additional 201,769 shares during the last quarter. Russell Investments Group Ltd. grew its position in shares of Electronics For Imaging by 72.7% in the 3rd quarter. Russell Investments Group Ltd. now owns 245,574 shares of the technology company’s stock worth $10,481,000 after buying an additional 103,369 shares during the last quarter. Finally, Walthausen & Co. LLC grew its position in shares of Electronics For Imaging by 22.9% in the 3rd quarter. Walthausen & Co. LLC now owns 452,990 shares of the technology company’s stock worth $19,334,000 after buying an additional 84,420 shares during the last quarter.
A number of equities research analysts have recently weighed in on EFII shares. Wells Fargo & Co started coverage on Electronics For Imaging in a research report on Tuesday, November 14th. They issued a “market perform” rating and a $32.00 price objective on the stock. Citigroup dropped their price target on Electronics For Imaging from $53.00 to $43.00 and set a “buy” rating on the stock in a research report on Monday, October 30th. Zacks Investment Research upgraded Electronics For Imaging from a “sell” rating to a “hold” rating in a research report on Tuesday, December 26th. ValuEngine lowered Electronics For Imaging from a “hold” rating to a “sell” rating in a research report on Friday, February 2nd. Finally, Barclays lowered Electronics For Imaging from an “equal weight” rating to an “underweight” rating and dropped their price target for the company from $33.00 to $31.00 in a research report on Wednesday, January 10th. Five investment analysts have rated the stock with a sell rating, four have issued a hold rating and eight have issued a buy rating to the company’s stock. Electronics For Imaging currently has a consensus rating of “Hold” and an average target price of $42.78.
Electronics For Imaging, Inc. (NASDAQ EFII) traded up $0.02 during mid-day trading on Thursday, hitting $28.32. The stock had a trading volume of 274,700 shares, compared to its average volume of 569,670. Electronics For Imaging, Inc. has a 52-week low of $25.28 and a 52-week high of $51.15. The company has a quick ratio of 2.14, a current ratio of 2.58 and a debt-to-equity ratio of 0.41. The stock has a market capitalization of $1,293.05, a PE ratio of 108.85, a P/E/G ratio of 25.50 and a beta of 1.07.
Electronics For Imaging (NASDAQ:EFII) last posted its quarterly earnings results on Wednesday, January 31st. The technology company reported $0.52 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.53 by ($0.01). Electronics For Imaging had a positive return on equity of 1.46% and a negative net margin of 1.54%. The business had revenue of $269.20 million during the quarter, compared to analysts’ expectations of $264.62 million. During the same quarter in the prior year, the firm earned $0.77 EPS. The firm’s revenue for the quarter was up .9% compared to the same quarter last year. analysts expect that Electronics For Imaging, Inc. will post 0.37 EPS for the current year.
In other news, CEO Guy Gecht sold 9,000 shares of the business’s stock in a transaction on Monday, January 29th. The stock was sold at an average price of $30.31, for a total value of $272,790.00. Following the completion of the transaction, the chief executive officer now owns 324,450 shares in the company, valued at $9,834,079.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold 36,000 shares of company stock valued at $1,075,860 in the last 90 days. Company insiders own 1.88% of the company’s stock.
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Electronics For Imaging Company Profile
Electronics For Imaging, Inc is engaged in digital printing, focused on the transformation of the printing, packaging, ceramic tile decoration, and textile industries from the use of traditional analog-based printing to digital on-demand printing. It operates through three segments. The Industrial Inkjet segment consists of its VUTEk and Matan super-wide and wide format display graphics, Reggiani textile, Jetrion label and packaging and Cretaprint ceramic tile decoration and construction material industrial digital inkjet printers; ceramic, water-based, and thermoforming ink, and digital inkjet printer parts, and professional services.
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