Endurance International Group (EIGI) Insider Timothy S. Mathews Sells 4,432 Shares of Stock

Endurance International Group (NASDAQ:EIGI) insider Timothy S. Mathews sold 4,432 shares of Endurance International Group stock in a transaction dated Monday, April 16th. The shares were sold at an average price of $7.30, for a total transaction of $32,353.60. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Timothy S. Mathews also recently made the following trade(s):

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  • On Monday, April 2nd, Timothy S. Mathews sold 1,885 shares of Endurance International Group stock. The shares were sold at an average price of $7.30, for a total transaction of $13,760.50.

Shares of EIGI traded down $0.13 during mid-day trading on Thursday, hitting $7.25. 35,946 shares of the company traded hands, compared to its average volume of 361,256. The company has a debt-to-equity ratio of 22.48, a current ratio of 0.32 and a quick ratio of 0.32. Endurance International Group has a 1 year low of $6.95 and a 1 year high of $9.50.

Endurance International Group (NASDAQ:EIGI) last released its quarterly earnings data on Tuesday, February 13th. The software maker reported $0.05 earnings per share for the quarter, beating the consensus estimate of ($0.15) by $0.20. Endurance International Group had a negative net margin of 9.12% and a negative return on equity of 130.24%. The firm had revenue of $294.25 million during the quarter, compared to analysts’ expectations of $289.22 million. During the same period in the previous year, the company earned ($0.26) earnings per share. The firm’s quarterly revenue was up .7% on a year-over-year basis. equities research analysts anticipate that Endurance International Group will post -0.19 EPS for the current fiscal year.

A number of research analysts recently issued reports on the stock. Oppenheimer lowered their price target on shares of Endurance International Group from $12.00 to $9.00 and set an “outperform” rating for the company in a research report on Wednesday, February 14th. BidaskClub cut shares of Endurance International Group from a “sell” rating to a “strong sell” rating in a report on Tuesday, January 23rd. Zacks Investment Research raised shares of Endurance International Group from a “sell” rating to a “hold” rating in a report on Friday, February 16th. Credit Suisse Group decreased their target price on shares of Endurance International Group from $10.00 to $9.00 and set an “outperform” rating for the company in a report on Wednesday, February 14th. Finally, Goldman Sachs initiated coverage on shares of Endurance International Group in a report on Friday, March 23rd. They issued a “sell” rating and a $8.50 target price for the company. Five analysts have rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $8.04.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Okumus Fund Management Ltd. grew its position in Endurance International Group by 4.9% during the fourth quarter. Okumus Fund Management Ltd. now owns 12,801,052 shares of the software maker’s stock valued at $107,529,000 after buying an additional 601,025 shares during the period. Renaissance Technologies LLC boosted its position in shares of Endurance International Group by 48.6% in the fourth quarter. Renaissance Technologies LLC now owns 1,708,800 shares of the software maker’s stock worth $14,354,000 after purchasing an additional 559,200 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Endurance International Group by 206.3% in the third quarter. Dimensional Fund Advisors LP now owns 439,559 shares of the software maker’s stock worth $3,604,000 after purchasing an additional 296,037 shares during the period. Millennium Management LLC boosted its position in shares of Endurance International Group by 165.8% in the fourth quarter. Millennium Management LLC now owns 337,639 shares of the software maker’s stock worth $2,836,000 after purchasing an additional 210,616 shares during the period. Finally, First Trust Advisors LP boosted its position in shares of Endurance International Group by 3.4% in the fourth quarter. First Trust Advisors LP now owns 4,743,982 shares of the software maker’s stock worth $39,849,000 after purchasing an additional 157,922 shares during the period. 89.57% of the stock is owned by hedge funds and other institutional investors.

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About Endurance International Group

Endurance International Group Holdings, Inc, together with its subsidiaries, provides cloud-based platform solutions for small-and medium-sized businesses worldwide. The company operates in three segments: Web Presence, Domain, and Email Marketing. It offers Web hosting services, including entry-level shared hosting, and virtual private server and dedicated hosting solutions; Website building tools that enable subscribers with varying degrees of technical sophistication to create a Web presence; domain registration, management, and resale services; malware protection solutions to protect subscribers' Websites from viruses, malicious code, and other threats; and backup control solutions that enable subscribers to schedule, maintain, manage, and restore backups of their online data and Websites.

Insider Buying and Selling by Quarter for Endurance International Group (NASDAQ:EIGI)

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