Endurance International Group Holdings, Inc. (EIGI) Receives $11.50 Average Price Target from Brokerages

Shares of Endurance International Group Holdings, Inc. (NASDAQ:EIGI) have earned an average rating of “Hold” from the nine analysts that are covering the stock. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $10.08.

A number of research analysts have commented on EIGI shares. Zacks Investment Research upgraded Endurance International Group Holdings from a “hold” rating to a “buy” rating and set a $10.00 price objective on the stock in a research report on Tuesday, January 3rd. Cantor Fitzgerald reiterated a “hold” rating and issued a $9.00 price objective on shares of Endurance International Group Holdings in a research report on Monday, October 31st. Finally, Goldman Sachs Group, Inc. (The) lowered Endurance International Group Holdings from a “neutral” rating to a “sell” rating and set a $7.00 price objective on the stock. in a research report on Tuesday, January 3rd.

Shares of Endurance International Group Holdings (NASDAQ:EIGI) opened at 8.20 on Tuesday. The stock has a 50 day moving average price of $8.19 and a 200-day moving average price of $8.09. The company’s market capitalization is $1.16 billion. Endurance International Group Holdings has a one year low of $6.55 and a one year high of $11.86.

In other news, insider Katherine J. Andreasen sold 15,269 shares of the firm’s stock in a transaction on Friday, December 9th. The stock was sold at an average price of $8.84, for a total value of $134,977.96. Following the transaction, the insider now directly owns 112,565 shares in the company, valued at approximately $995,074.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Kenneth J. Surdan sold 16,762 shares of the firm’s stock in a transaction on Wednesday, January 4th. The stock was sold at an average price of $7.46, for a total value of $125,044.52. The disclosure for this sale can be found here. Insiders sold a total of 34,097 shares of company stock worth $276,282 over the last 90 days. 56.50% of the stock is owned by corporate insiders.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Zebra Capital Management LLC bought a new position in Endurance International Group Holdings during the fourth quarter valued at about $169,000. Trexquant Investment LP raised its position in Endurance International Group Holdings by 92.0% in the fourth quarter. Trexquant Investment LP now owns 67,788 shares of the company’s stock valued at $630,000 after buying an additional 32,488 shares in the last quarter. State Street Corp raised its position in Endurance International Group Holdings by 6.8% in the fourth quarter. State Street Corp now owns 1,060,111 shares of the company’s stock valued at $9,860,000 after buying an additional 67,489 shares in the last quarter. Robertson Stephens Advisors LLC bought a new position in Endurance International Group Holdings during the fourth quarter valued at about $1,083,000. Finally, Symmetry Peak Management LLC bought a new position in Endurance International Group Holdings during the third quarter valued at about $634,000. Institutional investors and hedge funds own 85.90% of the company’s stock.

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Endurance International Group Holdings Company Profile

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 serves approximately 4.7 million subscribers across the globe with an integrated suite of over 150 products and services.

5 Day Chart for NASDAQ:EIGI

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