Here is the rundown on market activity for Endurance International Group H (NASDAQ:EIGI). CFO Marc Montagner sold 10,490 shares at an average price of $8.25 on September 16th. The CFO now owns $1,538,361 of the stock as reported to the SEC. Chandler Reedy, Director disclosed the purchase of 666,000 shares of (EIGI). The shares were bought on August 8th for a price of $6.87. The Director now owns $332,260,378 of the stock according to the SEC filing.
James Neary, Director bought $4,575,420 worth of shares at a price of $6.87 on Mon the 8th. Neary now owns $332,260,378 of stock as recorded in a recent Form 4 SEC filing.
Here are a few additional firms who have increased or decreased their stake in (EIGI). As of quarter end Schwab Charles Investment Management Inc had acquired a total of 244,702 shares growing its stake by 121.4%. The value in dollars went from $2,204,000 to $4,013,000 a change of $1,809,000 since the last quarter. Price T Rowe Associates Inc /md/ cut its position by selling 3,218,542 shares a decrease of 26.4% in the quarter. Price T Rowe Associates Inc /md/ now controls 8,991,642 shares worth $80,835,000. The total value of its holdings decreased 37.1%.
Lmm LLC trimmed its ownership by shedding 164,925 shares a decrease of 2.9% from 03/31/2016 to 06/30/2016. Lmm LLC currently owns 5,559,100 shares with a value of $49,976,000. The value of the position overall is down by 17.1%. Roystone Capital Management Lp reduced its stake by selling 903,000 shares a decrease of 14.1%. Roystone Capital Management Lp claims 5,496,000 shares valued at $49,409,000. The total value of its holdings decreased 26.7%.
Equity analyst Morgan Stanley added EIGI to its research portfolio setting a rating of “Equal-weight” and price target of $12.00. On March 1 analysts at Goldman Sachs began coverage of the stock with a rating of “Neutral”.
February 19 investment analysts at Deutsche Bank held the stock rating at “Hold” and moved down the price target from $12.00 to $10.00. On November 5, 2015 the stock rating was rated “Outperform” according to a Oppenheimer report which is up from the previous “Perform” rating.
On November 2 the company was set at “Market Perform” in a report from Cowen & Company down from the previous “Outperform” rating. On May 11, 2015 Deutsche Bank released its first research report on the stock by announcing an initial rating of “Hold” and projecting a price target of $19.00.
The company is up by 4.90 percent from yesterday’s close. Company chares are trading at $9.00 just above $8.08, the stock’s 50 day moving average and slightly below the 200 day moving average of $9.10. The 50 day moving average was up by +11.38% whereas the 200 day moving average was down $-0.10 or -1.07%.
In the last earnings report the EPS was $-0.23 and is estimated to be $-0.43 for the current year with 141,210,000 shares currently outstanding. Next quarter’s EPS is expected be $-0.23 and the next full year EPS is anticipated to be $-1.08.
Short traders are more bearish on shares of Endurance International Group H if you pay attention to the uptick in short interest. The stock saw a rise in short interest of 0.04% as of the latest report on September 15, 2016. Short shares grew 216,911 over that timeframe. With short interest at 5,677,923 and short average daily volume at 487,111, days to cover is 11.7 and the percentage of shorted shares was 0.04% on September 15.