Senvest Management LLC acquired a new position in Electronics For Imaging, Inc. (NASDAQ:EFII) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 377,525 shares of the technology company’s stock, valued at approximately $12,292,000. Senvest Management LLC owned about 0.85% of Electronics For Imaging as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also recently made changes to their positions in EFII. Keybank National Association OH grew its holdings in Electronics For Imaging by 4.7% during the 2nd quarter. Keybank National Association OH now owns 33,022 shares of the technology company’s stock valued at $1,075,000 after buying an additional 1,478 shares in the last quarter. Aperio Group LLC grew its holdings in Electronics For Imaging by 17.8% during the 2nd quarter. Aperio Group LLC now owns 9,899 shares of the technology company’s stock valued at $322,000 after buying an additional 1,499 shares in the last quarter. Rhumbline Advisers grew its holdings in Electronics For Imaging by 1.5% during the 1st quarter. Rhumbline Advisers now owns 114,714 shares of the technology company’s stock valued at $3,135,000 after buying an additional 1,696 shares in the last quarter. Guggenheim Capital LLC grew its holdings in Electronics For Imaging by 17.4% during the 1st quarter. Guggenheim Capital LLC now owns 11,785 shares of the technology company’s stock valued at $323,000 after buying an additional 1,743 shares in the last quarter. Finally, Prudential Financial Inc. grew its holdings in shares of Electronics For Imaging by 2.3% during the first quarter. Prudential Financial Inc. now owns 77,221 shares of the technology company’s stock worth $2,110,000 after purchasing an additional 1,750 shares in the last quarter.
NASDAQ:EFII opened at $33.45 on Thursday. The company has a market capitalization of $1.54 billion, a P/E ratio of 123.89, a PEG ratio of 25.77 and a beta of 1.08. Electronics For Imaging, Inc. has a 1-year low of $25.28 and a 1-year high of $43.89. The company has a quick ratio of 2.15, a current ratio of 2.55 and a debt-to-equity ratio of 0.43.
Electronics For Imaging (NASDAQ:EFII) last released its earnings results on Monday, July 30th. The technology company reported $0.50 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.53 by ($0.03). The firm had revenue of $261.07 million during the quarter, compared to the consensus estimate of $263.72 million. Electronics For Imaging had a positive return on equity of 0.50% and a negative net margin of 2.29%. The business’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.54 EPS. equities analysts forecast that Electronics For Imaging, Inc. will post 0.45 EPS for the current fiscal year.
In other Electronics For Imaging news, CEO Guy Gecht sold 9,000 shares of the business’s stock in a transaction that occurred on Friday, July 27th. The stock was sold at an average price of $33.89, for a total value of $305,010.00. Following the completion of the sale, the chief executive officer now owns 271,006 shares in the company, valued at $9,184,393.34. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold 27,000 shares of company stock valued at $917,100 in the last quarter. Corporate insiders own 1.63% of the company’s stock.
Several research analysts have recently commented on the company. BidaskClub raised Electronics For Imaging from a “sell” rating to a “hold” rating in a report on Thursday, May 17th. ValuEngine lowered Electronics For Imaging from a “buy” rating to a “hold” rating in a report on Monday, August 13th. TheStreet raised Electronics For Imaging from a “d+” rating to a “c” rating in a report on Tuesday, May 29th. Finally, Zacks Investment Research lowered Electronics For Imaging from a “hold” rating to a “sell” rating in a report on Wednesday, May 9th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $38.13.
Electronics For Imaging Profile
Electronics for Imaging, Inc provides industrial format display graphics, corrugated packaging and display, textile, and ceramic tile decoration digital inkjet printers worldwide. Its Industrial Inkjet segment offers VUTEk format display graphics, Nozomi corrugated packaging and display, Reggiani textile, and Cretaprint ceramic tile decoration and building material industrial digital inkjet printers; digital ultra-violet curable, light emitting diode curable, ceramic, water-based, thermoforming, and specialty inks; various textile inks, including dye sublimation, pigmented, reactive dye, acid dye, pure disperse dye, and water-based dispersed printing inks, as well as coatings; digital inkjet printer parts; and professional services.
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