Parametrica Management Ltd adds Electronics For Imaging (EFII) to its portfolio

Electronics For Imaging (EFII) : Parametrica Management Ltd added new position in Electronics For Imaging during the most recent quarter end. The investment management firm now holds 8,634 shares of Electronics For Imaging which is valued at $371,780 , the company said in a statement filed on Oct 13, 2016 with the SEC.Electronics For Imaging makes up approximately 1.05% of Parametrica Management Ltd’s portfolio.

Other Hedge Funds, Including , Eagle Asset Management Inc reduced its stake in EFII by selling 2,646 shares or 0.52% in the most recent quarter. The Hedge Fund company now holds 507,689 shares of EFII which is valued at $23,952,767. Electronics For Imaging makes up approx 0.17% of Eagle Asset Management Inc’s portfolio. Cutler Group Lp sold out all of its stake in EFII during the most recent quarter. The investment firm sold 1,083 shares of EFII which is valued $52,688. Cupps Capital Management added EFII to its portfolio by purchasing 25,705 company shares during the most recent quarter which is valued at $1,250,548. Electronics For Imaging makes up approx 0.54% of Cupps Capital Management’s portfolio.Simplex Trading boosted its stake in EFII in the latest quarter, The investment management firm added 1,081 additional shares and now holds a total of 2,956 shares of Electronics For Imaging which is valued at $143,987. Electronics For Imaging makes up approx 0.02% of Simplex Trading’s portfolio.

Electronics For Imaging closed down -1.47 points or -3.02% at $47.18 with 6,12,761 shares getting traded on Tuesday. Post opening the session at $48.52, the shares hit an intraday low of $46.81 and an intraday high of $48.53 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.

On the company’s financial health, Electronics For Imaging reported $0.56 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Jul 25, 2016. Analyst had a consensus of $0.57. The company had revenue of $245.65 million for the quarter, compared to analysts expectations of $247.03 million. The company’s revenue was up 21.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.48 EPS.

Many Wall Street Analysts have commented on Electronics For Imaging. Needham Initiated Electronics For Imaging on Sep 27, 2016 to “Buy”, Price Target of the shares are set at $58.Stifel Initiated Electronics For Imaging on Aug 25, 2016 to “Buy”, Price Target of the shares are set at $53.

Electronics For Imaging Inc. (EFI) is a provider of digital printing focused on the transformation of the printing packaging and decorative industries from the use of analog-based presses to digital on-demand printing. The Company operates through three segments: Industrial Inkjet Productivity Software and Fiery. The Company’s products include industrial super-wide wide format label and packaging and ceramic tile decoration digital inkjet printers that utilizes its digital ink digital inkjet printer parts and professional services; print production workflow Web-to-print cross-media marketing and business process automation solutions and color digital front ends (DFEs) creating a digital printing ecosystem. Its inks include digital ultra-violet (UV) light emitting diode (LED) ceramic textile dye sublimation and thermoforming ink. The Company also provides digital inkjet textile space.

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