David C. Bryson Sells 9,863 Shares of Endurance International Group Holdings Inc (EIGI) Stock

Endurance International Group Holdings Inc (NASDAQ:EIGI) insider David C. Bryson sold 9,863 shares of the firm’s stock in a transaction on Wednesday, April 17th. The shares were sold at an average price of $6.42, for a total transaction of $63,320.46. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

David C. Bryson also recently made the following trade(s):

  • On Tuesday, April 2nd, David C. Bryson sold 4,848 shares of Endurance International Group stock. The shares were sold at an average price of $7.40, for a total transaction of $35,875.20.

Shares of EIGI stock opened at $6.32 on Friday. The company has a debt-to-equity ratio of 10.15, a current ratio of 0.44 and a quick ratio of 0.44. Endurance International Group Holdings Inc has a one year low of $5.87 and a one year high of $10.95.

Endurance International Group (NASDAQ:EIGI) last announced its quarterly earnings results on Thursday, February 7th. The software maker reported $0.09 EPS for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.12. The firm had revenue of $282.40 million during the quarter, compared to analysts’ expectations of $283.21 million. Endurance International Group had a negative net margin of 0.23% and a negative return on equity of 1.68%. The company’s revenue for the quarter was down 4.0% compared to the same quarter last year. During the same quarter last year, the company posted $0.05 earnings per share. Sell-side analysts anticipate that Endurance International Group Holdings Inc will post -0.02 EPS for the current year.

A number of brokerages have commented on EIGI. Zacks Investment Research cut shares of Endurance International Group from a “buy” rating to a “hold” rating in a research note on Monday, April 15th. BidaskClub cut shares of Endurance International Group from a “hold” rating to a “sell” rating in a research note on Thursday, April 11th. Finally, Goldman Sachs Group upgraded shares of Endurance International Group from a “sell” rating to a “neutral” rating and set a $7.50 price target for the company in a research note on Wednesday, March 27th. One analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company. Endurance International Group presently has an average rating of “Hold” and an average target price of $8.63.

A number of hedge funds have recently made changes to their positions in EIGI. Norges Bank acquired a new stake in Endurance International Group in the fourth quarter valued at $8,058,000. Dimensional Fund Advisors LP lifted its stake in Endurance International Group by 34.4% in the third quarter. Dimensional Fund Advisors LP now owns 1,724,309 shares of the software maker’s stock valued at $15,174,000 after acquiring an additional 441,542 shares during the last quarter. Vanguard Group Inc lifted its stake in Endurance International Group by 4.3% in the third quarter. Vanguard Group Inc now owns 6,304,932 shares of the software maker’s stock valued at $55,484,000 after acquiring an additional 261,849 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of Endurance International Group by 4.3% during the 3rd quarter. Vanguard Group Inc. now owns 6,304,932 shares of the software maker’s stock worth $55,484,000 after buying an additional 261,849 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in shares of Endurance International Group by 1,795.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 270,186 shares of the software maker’s stock worth $2,378,000 after buying an additional 255,930 shares during the last quarter. Hedge funds and other institutional investors own 92.60% of the company’s stock.

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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 in the United States and internationally. 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 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.

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

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