New Relic, Inc. (NEWR) Reaches $94.44 After 9.00% Up Move; Endurance International Group Holdings (EIGI)’s Sentiment Is 1.43

May 18, 2018 - By Winifred Garcia

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

Endurance International Group Holdings Inc (EIGI) investors sentiment increased to 1.43 in Q4 2017. It’s up 0.53, from 0.9 in 2017Q3. The ratio is positive, as 50 funds opened new and increased stock positions, while 35 sold and decreased stakes in Endurance International Group Holdings Inc. The funds in our database now possess: 124.78 million shares, up from 123.39 million shares in 2017Q3. Also, the number of funds holding Endurance International Group Holdings Inc in top ten stock positions decreased from 3 to 2 for a decrease of 1. Sold All: 9 Reduced: 26 Increased: 31 New Position: 19.

The stock of New Relic, Inc. (NYSE:NEWR) is a huge mover today! The stock increased 4.78% or $4.31 during the last trading session, reaching $94.44. About 902,754 shares traded or 58.29% up from the average. New Relic, Inc. (NYSE:NEWR) has risen 104.05% since May 18, 2017 and is uptrending. It has outperformed by 92.50% the S&P500.The move comes after 7 months positive chart setup for the $5.24 billion company. It was reported on May, 18 by Barchart.com. We have $102.94 PT which if reached, will make NYSE:NEWR worth $471.24 million more.

The stock increased 0.55% or $0.05 during the last trading session, reaching $9.15. About 92,646 shares traded. Endurance International Group Holdings, Inc. (EIGI) has declined 7.59% since May 18, 2017 and is downtrending. It has underperformed by 19.14% the S&P500.

Okumus Fund Management Ltd. holds 26.72% of its portfolio in Endurance International Group Holdings, Inc. for 12.80 million shares. Warburg Pincus Llc owns 52.56 million shares or 8.94% of their US portfolio. Moreover, Lucus Advisors Llc has 0.48% invested in the company for 39,346 shares. The New York-based Spark Investment Management Llc has invested 0.35% in the stock. Kazazian Asset Management Llc, a New York-based fund reported 38,961 shares.

Since January 1, 0001, it had 0 insider purchases, and 10 selling transactions for $1.47 million activity.

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 $1.31 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.

Another recent and important Endurance International Group Holdings, Inc. (NASDAQ:EIGI) news was published by Nasdaq.com which published an article titled: “Market Trends Toward New Normal in Community Healthcare Trust, Delek US, Endurance International Group, Tractor …” on April 20, 2018.

Analysts await Endurance International Group Holdings, Inc. (NASDAQ:EIGI) to report earnings on August, 7. They expect $-0.04 EPS, up 86.21% or $0.25 from last year’s $-0.29 per share. After $-0.05 actual EPS reported by Endurance International Group Holdings, Inc. for the previous quarter, Wall Street now forecasts -20.00% EPS growth.

Ratings analysis reveals 0 of Endurance International’s analysts are positive. Out of 3 Wall Street analysts rating Endurance International, 0 give it “Buy”, 2 “Sell” rating, while 1 recommend “Hold”. EIGI was included in 3 notes of analysts from October 19, 2016. The stock of Endurance International Group Holdings, Inc. (NASDAQ:EIGI) earned “Underweight” rating by Morgan Stanley on Tuesday, February 21. Cantor Fitzgerald initiated the shares of EIGI in report on Wednesday, October 19 with “Hold” rating. The firm earned “Sell” rating on Tuesday, January 3 by Goldman Sachs.

Among 16 analysts covering New Relic Inc (NYSE:NEWR), 12 have Buy rating, 0 Sell and 4 Hold. Therefore 75% are positive. New Relic Inc had 48 analyst reports since August 7, 2015 according to SRatingsIntel. As per Tuesday, February 6, the company rating was maintained by Robert W. Baird. The stock of New Relic, Inc. (NYSE:NEWR) earned “Hold” rating by BMO Capital Markets on Friday, January 12. The stock has “Buy” rating by Cowen & Co on Wednesday, February 7. The firm has “Buy” rating by DA Davidson given on Wednesday, August 12. Morgan Stanley downgraded the shares of NEWR in report on Thursday, July 20 to “Equal-Weight” rating. The firm has “Buy” rating by Needham given on Tuesday, November 17. Oppenheimer maintained it with “Buy” rating and $8500 target in Friday, March 23 report. The firm has “Overweight” rating given on Monday, March 19 by KeyBanc Capital Markets. The rating was upgraded by Morgan Stanley to “Overweight” on Thursday, September 10. The rating was maintained by Stephens on Wednesday, February 7 with “Buy”.

More important recent New Relic, Inc. (NYSE:NEWR) news were published by: Seekingalpha.com which released: “New Relic: Cloud King” on May 16, 2018, also Seekingalpha.com published article titled: “New Relic: Valuation Weighs On Good Results”, Streetinsider.com published: “New Relic (NEWR) Announces $435M Conv. Senior Notes Offering” on May 14, 2018. More interesting news about New Relic, Inc. (NYSE:NEWR) was released by: Businesswire.com and their article: “New Relic Announces Pricing of $435 Million Convertible Senior Notes Offering” with publication date: May 16, 2018.

Analysts await New Relic, Inc. (NYSE:NEWR) to report earnings on August, 2. They expect $-0.12 EPS, up 55.56% or $0.15 from last year’s $-0.27 per share. After $-0.10 actual EPS reported by New Relic, Inc. for the previous quarter, Wall Street now forecasts 20.00% negative EPS growth.

New Relic, Inc., a software-as-a-service company, provides digital intelligence products worldwide. The company has market cap of $5.24 billion. The companyÂ’s cloud platform and suite of products include New Relic Digital Intelligence Platform, which enables organizations to collect, store, and analyze data. It currently has negative earnings. It provides New Relic Application Performance Management that offers visibility into the performance and usage of server applications, such as data pertaining to response time, transaction throughput, error rates, transactions, and user satisfaction; New Relic Mobile, which provides code-level visibility into the performance of mobile applications running on the iOS and Android mobile operating systems; and New Relic Browser, a product that monitors the page view experiences of actual end-users for desktop and mobile browser applications.

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

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