Endurance International Group Holdings Inc (NASDAQ:EIGI): Institutional Investors Aren’t Crazy About It


Endurance International Group Holdings, Inc. (NASDAQ:EIGI) Logo

Sentiment for Endurance International Group Holdings Inc (NASDAQ:EIGI)

Endurance International Group Holdings Inc (NASDAQ:EIGI) institutional sentiment decreased to 1.42 in Q3 2018. Its down -0.55, from 1.97 in 2018Q2. The ratio has dropped, as 54 institutional investors increased or started new equity positions, while 38 reduced and sold holdings in Endurance International Group Holdings Inc. The institutional investors in our partner’s database now possess: 130.15 million shares, up from 128.09 million shares in 2018Q2. Also, the number of institutional investors holding Endurance International Group Holdings Inc in their top 10 equity positions was flat from 2 to 2 for the same number . Sold All: 15 Reduced: 23 Increased: 39 New Position: 15.

Endurance International Group Holdings, Inc., together with its subsidiaries, provides cloud platform solutions for small-and medium-sized businesses worldwide. The company has market cap of $1.17 billion. 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 subscribersÂ’ 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 to meet their particular business needs, as well as Mojo Marketplace, online marketplace for WordPress themes, plugins, and other digital goods. It currently has negative earnings. The firm also provides solutions that allow subscribers to have their Websites rendered on mobile devices; search engine optimization and marketing solutions; tools and services that enable subscribers to communicate with their clients and potential clients through social networks; and control panels and dashboards that enable subscribers to analyze activity on their Websites, optimize the impact of their Web presence design, and marketing campaigns.

The stock increased 1.00% or $0.08 during the last trading session, reaching $8.11. About 206,791 shares traded. Endurance International Group Holdings, Inc. (NASDAQ:EIGI) has declined 3.68% since February 5, 2018 and is downtrending. It has underperformed by 3.68% the S&P500.

Analysts await Endurance International Group Holdings, Inc. (NASDAQ:EIGI) to report earnings on February, 12. They expect $-0.03 EPS, down 160.00 % or $0.08 from last year’s $0.05 per share. After $-0.04 actual EPS reported by Endurance International Group Holdings, Inc. for the previous quarter, Wall Street now forecasts -25.00 % EPS growth.

Okumus Fund Management Ltd. holds 25.96% of its portfolio in Endurance International Group Holdings, Inc. for 11.07 million shares. Warburg Pincus Llc owns 52.56 million shares or 10.16% of their US portfolio. Moreover, Kazazian Asset Management Llc has 0.91% invested in the company for 109,908 shares. The New York-based Spark Investment Management Llc has invested 0.5% in the stock. Regis Management Co Llc, a California-based fund reported 130,000 shares.

Since January 1, 0001, it had 0 insider purchases, and 4 sales for $314,106 activity.

Endurance International Group Holdings, Inc. (NASDAQ:EIGI) Ratings Coverage

Ratings analysis reveals 50% of Endurance Intl Gr Hldgs’s analysts are positive. Out of 2 Wall Street analysts rating Endurance Intl Gr Hldgs, 1 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. EIGI was included in 2 notes of analysts from October 26, 2018. The stock has “Perform” rating by Oppenheimer on Wednesday, November 7. Credit Suisse maintained it with “Outperform” rating and $11 target in Friday, October 26 report.

More notable recent Endurance International Group Holdings, Inc. (NASDAQ:EIGI) news were published by: Globenewswire.com which released: “EIG Investors Corp. Commences Registered Exchange Offer for Its Senior Notes – GlobeNewswire” on December 29, 2016, also Globenewswire.com with their article: “Update in Lawsuit for Investors in Endurance International Group Hldgs Inc (NASDAQ:EIGI) Shares Announced by Shareholders Foundation – GlobeNewswire” published on January 20, 2016, Globenewswire.com published: “Endurance International Group Announces Successful Repricing of $1580 Million Senior Secured Term Loan – GlobeNewswire” on June 15, 2018. More interesting news about Endurance International Group Holdings, Inc. (NASDAQ:EIGI) were released by: Prnewswire.com and their article: “Bluehost Expands Offerings with the Launch of WordPress Pro – PRNewswire” published on December 05, 2018 as well as Benzinga.com‘s news article titled: “60 Biggest Movers From Yesterday – Benzinga” with publication date: July 27, 2018.

Endurance International Group Holdings, Inc. (NASDAQ:EIGI) Institutional Positions Chart

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