Major Shareholder at Endurance International is Buying Shares

By George MacDonald

Today, major Shareholder at Endurance International, Goldman Sachs Group Inc, bought stocks of EIGI for $8,196.

In addition to Inc, one other EIGI executives reported Buy trades in the last month.

Based on Endurance International`s latest earnings report from March 31, the company posted quarterly revenue of $177.3M and quarterly net profit of $884k. In comparison, last year the company earned revenue of $152M and had a GAAP net loss of $13.45M. The company has a one year high of $23.49 and a one year low of $12.17. Currently, Endurance International has an average volume of 629.6k.

6 different firms, including Goldman Sachs and Morgan Stanley, currently also have a Buy rating on the stock.

Looking at blogger coverage of EIGI, there is a 80% Bullish tendency on the stock, in relation to a 67% average bullish tendency within the Technology sector.

Over the last 3 months, the insider sentiment on Endurance International has been neutral based on 52 corporate insider transactions. This sentiment is higher than the average sector sentiment of insiders.

Endurance International Group Holdings Inc is a provider of cloud-based platform solutions. It offers domains, website builders, web hosting, email, security, storage, site backup, SEO, and SEM, social media services, website analytics, among others.