Endurance International Group Holdings, Inc. (EIGI) Files Form 4 Insider Buying : Chandler Reedy Buys 1,130,000 Shares

Endurance International Group Holdings, Inc. (EIGI): Chandler Reedy , director of Endurance International Group Holdings, Inc. purchased 1,130,000 shares on Sep 19, 2016. The Insider buying transaction was reported by the company on Sep 21, 2016 to the Securities and Exchange Commission. The shares were purchased at $8.63 per share for a total value of $9,897,100.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 21, 2016, James Neary (director) purchased 1,130,000 shares at $8.63 per share price.On Sep 21, 2016, Justin Sadrian (director) purchased 1,130,000 shares at $8.63 per share price.Also, On Sep 19, 2016, Marc Montagner (Chief Financial Officer) sold 10,490 shares at $8.25 per share price.On Sep 16, 2016, Chandler Reedy (director) purchased 1,599,500 shares at $8.55 per share price.

Endurance International Group Hldgs Inc: On Tuesday, Sep 21, 2016 heightened volatility was witnessed in Endurance International Group Hldgs Inc which led to swings in the share price. The shares opened for trading at $8.79 and hit $8.925 on the upside , eventually ending the session at $8.79, with a gain of 0.80% or 0.07 points. The heightened volatility saw the trading volume jump to 26,86,775 shares. The 52-week high of the share price is $15.482 and the company has a market cap of $1,241 M . The 52-week low of the share price is at $6.55.

Endurance International Group Hldgs Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Endurance International Group Hldgs Inc is Downgraded by Wells Fargo to Market Perform. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Aug 3, 2016.

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. Leveraging the Company’s technology platform it serves approximately 4.1 million subscribers across the globe with an integrated suite of over 150 products and services that help SMBs get online get found and grow their businesses. The products and services available on its platform include domains Website builders Web hosting email security storage site backup search engine optimization (SEO) and search engine marketing (SEM) social media services Website analytics mobile device tools and productivity and e-commerce solutions. It conducts operations in the United States Brazil India and the United Kingdom. It also has third-party contract support services assisting customers in China and Singapore.

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