Electronics for Imaging, Inc. (EFII) Director Sells $200,655.00 in Stock

Electronics for Imaging, Inc. (NASDAQ:EFII) Director Dan Maydan sold 6,500 shares of Electronics for Imaging stock in a transaction on Thursday, November 9th. The shares were sold at an average price of $30.87, for a total transaction of $200,655.00. Following the completion of the sale, the director now directly owns 33,310 shares in the company, valued at approximately $1,028,279.70. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Shares of Electronics for Imaging, Inc. (NASDAQ EFII) traded down $0.70 on Thursday, reaching $27.06. 2,595,200 shares of the company’s stock traded hands, compared to its average volume of 677,874. Electronics for Imaging, Inc. has a 52 week low of $25.54 and a 52 week high of $51.15. The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.20 and a current ratio of 2.62. The firm has a market cap of $1,287.46, a PE ratio of 42.71 and a beta of 1.26.



Electronics for Imaging (NASDAQ:EFII) last posted its quarterly earnings results on Thursday, October 26th. The technology company reported $0.48 EPS for the quarter, missing the consensus estimate of $0.58 by ($0.10). Electronics for Imaging had a return on equity of 3.67% and a net margin of 3.09%. The company had revenue of $248.36 million for the quarter, compared to analysts’ expectations of $258.09 million. During the same quarter in the prior year, the firm earned $0.58 EPS. The firm’s revenue was up 1.1% on a year-over-year basis. sell-side analysts predict that Electronics for Imaging, Inc. will post 0.34 EPS for the current year.

Electronics for Imaging declared that its board has approved a stock repurchase program on Monday, September 11th that authorizes the company to buyback $125.00 million in outstanding shares. This buyback authorization authorizes the technology company to buy shares of its stock through open market purchases. Stock buyback programs are often an indication that the company’s leadership believes its shares are undervalued.

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Several hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. raised its holdings in shares of Electronics for Imaging by 0.8% during the 2nd quarter. Vanguard Group Inc. now owns 4,202,705 shares of the technology company’s stock worth $199,125,000 after acquiring an additional 34,640 shares during the period. Victory Capital Management Inc. raised its holdings in shares of Electronics for Imaging by 2.4% during the 3rd quarter. Victory Capital Management Inc. now owns 1,403,769 shares of the technology company’s stock worth $59,913,000 after acquiring an additional 32,600 shares during the period. Macquarie Group Ltd. raised its holdings in shares of Electronics for Imaging by 3.1% during the 2nd quarter. Macquarie Group Ltd. now owns 1,321,566 shares of the technology company’s stock worth $62,616,000 after acquiring an additional 39,357 shares during the period. Voya Investment Management LLC raised its holdings in shares of Electronics for Imaging by 14.9% during the 2nd quarter. Voya Investment Management LLC now owns 1,179,368 shares of the technology company’s stock worth $55,879,000 after acquiring an additional 153,119 shares during the period. Finally, State Street Corp raised its holdings in shares of Electronics for Imaging by 3.7% during the 2nd quarter. State Street Corp now owns 1,165,317 shares of the technology company’s stock worth $55,217,000 after acquiring an additional 41,326 shares during the period.

A number of equities research analysts recently issued reports on the stock. Loop Capital assumed coverage on shares of Electronics for Imaging in a research note on Monday, July 24th. They issued a “buy” rating and a $58.00 price target on the stock. BidaskClub cut shares of Electronics for Imaging from a “buy” rating to a “hold” rating in a research note on Wednesday, July 19th. Cross Research cut shares of Electronics for Imaging from a “buy” rating to a “hold” rating and set a $55.00 price target on the stock. in a research note on Friday, August 4th. Sidoti cut shares of Electronics for Imaging from a “buy” rating to a “neutral” rating in a research note on Friday, August 4th. Finally, Longbow Research cut shares of Electronics for Imaging from a “neutral” rating to an “underperform” rating in a research note on Friday, August 4th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $44.22.

Electronics for Imaging Company Profile

Electronics For Imaging, Inc is engaged in digital printing, focused on the transformation of the printing, packaging, ceramic tile decoration, and textile industries from the use of traditional analog-based printing to digital on-demand printing. It operates through three segments. The Industrial Inkjet segment consists of its VUTEk and Matan super-wide and wide format display graphics, Reggiani textile, Jetrion label and packaging and Cretaprint ceramic tile decoration and construction material industrial digital inkjet printers; ceramic, water-based, and thermoforming ink, and digital inkjet printer parts, and professional services.

Insider Buying and Selling by Quarter for Electronics for Imaging (NASDAQ:EFII)

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