Price Action To Observe: What’s Ahead for Endurance International Group Hldgs Inc After Today’s Huge Increase?

Price Action To Observe: What's Ahead for Endurance International Group Hldgs Inc After Today's Huge Increase?

The stock of Endurance International Group Hldgs Inc (NASDAQ:EIGI) is a huge mover today! About 114,156 shares traded hands. Endurance International Group Hldgs Inc (NASDAQ:EIGI) has declined 34.42% since April 18, 2016 and is downtrending. It has underperformed by 38.85% the S&P500.
The move comes after 6 months positive chart setup for the $1.02 billion company. It was reported on Nov, 18 by Barchart.com. We have $10.88 PT which if reached, will make NASDAQ:EIGI worth $479.40M more.

Endurance International Group Hldgs Inc (NASDAQ:EIGI) Ratings Coverage

Out of 8 analysts covering Endurance International Group Holdings (NASDAQ:EIGI), 4 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 50% are positive. Endurance International Group Holdings has been the topic of 11 analyst reports since November 2, 2015 according to StockzIntelligence Inc. The rating was upgraded by Oppenheimer on Thursday, November 5 to “Outperform”. The rating was maintained by Jefferies with “Buy” on Thursday, August 4. The stock of Endurance International Group Hldgs Inc (NASDAQ:EIGI) has “Hold” rating given on Wednesday, October 19 by Cantor Fitzgerald. The firm earned “Market Perform” rating on Monday, November 2 by Cowen & Co. Morgan Stanley reinitiated Endurance International Group Hldgs Inc (NASDAQ:EIGI) on Monday, March 28 with “Equal-Weight” rating. The rating was maintained by Credit Suisse on Monday, April 4 with “Outperform”.

According to Zacks Investment Research, “Endurance International Group Holdings, Inc. is a provider of cloud-based solutions. Its solutions are designed to help small- and medium-sized businesses. The Company’s products and services includes initial Website design and creation, email and commerce solutions as well as offerings, such as scalable and on-demand computing, security, storage and bandwidth, online marketing, mobile and productivity solutions, Web Presence and Commerce Offerings, Computing Resources and Security Offerings, Marketing Solutions and Productivity Tools. Endurance International Group Holdings, Inc. is headquartered in Burlington, Massachusetts.”

Insitutional Activity: The institutional sentiment decreased to 0.96 in 2016 Q2. Its down 0.23, from 1.19 in 2016Q1. The ratio dived, as 15 funds sold all Endurance International Group Hldgs Inc shares owned while 21 reduced positions. 12 funds bought stakes while 31 increased positions. They now own 127.45 million shares or 1.17% less from 128.96 million shares in 2016Q1.
Jpmorgan Chase & holds 364 shares or 0% of its portfolio. The New York-based Tower Research Capital Ltd Llc (Trc) has invested 0% in Endurance International Group Hldgs Inc (NASDAQ:EIGI). Blackrock has invested 0% of its portfolio in Endurance International Group Hldgs Inc (NASDAQ:EIGI). Manufacturers Life Insur Company The last reported 43,071 shares in the company. Tiaa Cref Investment Limited Liability Corporation holds 183,823 shares or 0% of its portfolio. Prudential Financial reported 106,300 shares or 0% of all its holdings. Teachers holds 95,836 shares or 0% of its portfolio. Millennium Management Ltd Liability last reported 86,244 shares in the company. Profund Advisors Limited Liability holds 0.02% or 51,769 shares in its portfolio. Secor Cap Advsrs Lp has invested 0.03% of its portfolio in Endurance International Group Hldgs Inc (NASDAQ:EIGI). Teacher Retirement Of Texas has 9,228 shares for 0% of their US portfolio. Blackrock Mngmt Ltd Liability Corporation holds 0% or 221,173 shares in its portfolio. Menta Capital Lc accumulated 51,631 shares or 0.06% of the stock. Aperio Ltd Limited Liability Company holds 0% of its portfolio in Endurance International Group Hldgs Inc (NASDAQ:EIGI) for 24,813 shares. State Common Retirement Fund holds 0% or 59,300 shares in its portfolio.

Insider Transactions: Since June 17, 2016, the stock had 39 insider purchases, and 7 sales for $187.05 million net activity. Shares for $13.78 million were bought by SADRIAN JUSTIN. Another trade for 2,135 shares valued at $17,133 was sold by BRYSON DAVID C. Mathews Timothy S sold $3,130 worth of stock. $4.57M worth of Endurance International Group Hldgs Inc (NASDAQ:EIGI) was bought by Warburg Pincus X Partners – L.P. on Thursday, August 4. $137,576 worth of Endurance International Group Hldgs Inc (NASDAQ:EIGI) shares were bought by Warburg Pincus Private Equity X – L.P.. On Thursday, October 27 the insider LaSalvia Ronald sold $25,720. $2.65 million worth of Endurance International Group Hldgs Inc (NASDAQ:EIGI) was bought by Reedy Chandler.

More news for Endurance International Group Hldgs Inc (NASDAQ:EIGI) were recently published by: Fool.com, which released: “Why Shares of Endurance International Group Holdings Inc. Slumped Today” on May 04, 2016. Globenewswire.com‘s article titled: “Endurance International Group Reports 2016 Third Quarter Results” and published on November 01, 2016 is yet another important article.

EIGI Company Profile

Endurance International Group Holdings, Inc. (Endurance), incorporated on October 28, 2011, is a well-known provider of cloud platform solutions designed to help small and medium-sized businesses (SMBs) succeed online. The services and products available on its platform include Website builders, domains, mobile site builders, cloud hosting solutions, premium domains, Website analytics, search engine marketing (SEM) and search engine optimization (SEO), e-mail marketing, productivity and e-commerce tools, and cloud storage solutions. It conducts activities in the United States, Brazil, India, Israel and the United Kingdom. The Firm serves approximately 4.7 million subscribers across the globe with an integrated suite of over 150 services and products.

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