Weber Alan W buys $3,706,600 stake in Web.com Group Inc (WEB)

Web.com Group Inc (WEB) : Weber Alan W scooped up 170,000 additional shares in Web.com Group Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 11, 2016. The investment management firm now holds a total of 215,000 shares of Web.com Group Inc which is valued at $3,706,600.Web.com Group Inc makes up approximately 2.37% of Weber Alan W’s portfolio.

Other Hedge Funds, Including , Tiaa Cref Investment Management reduced its stake in WEB by selling 6,989 shares or 2.9% in the most recent quarter. The Hedge Fund company now holds 234,257 shares of WEB which is valued at $4,038,591.Pacific Ridge Capital Partners boosted its stake in WEB in the latest quarter, The investment management firm added 5,330 additional shares and now holds a total of 38,680 shares of Web.com Group Inc which is valued at $666,843. Web.com Group Inc makes up approx 0.28% of Pacific Ridge Capital Partners’s portfolio.Dimensional Fund Advisors Lp boosted its stake in WEB in the latest quarter, The investment management firm added 12,841 additional shares and now holds a total of 1,778,202 shares of Web.com Group Inc which is valued at $29,518,153. Web.com Group Inc makes up approx 0.02% of Dimensional Fund Advisors Lp’s portfolio. Sg Americas Securities sold out all of its stake in WEB during the most recent quarter. The investment firm sold 20,263 shares of WEB which is valued $377,905.Advisory Services Network boosted its stake in WEB in the latest quarter, The investment management firm added 100 additional shares and now holds a total of 700 shares of Web.com Group Inc which is valued at $13,258.

On the company’s financial health, Web.com Group Inc reported $0.62 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Aug 4, 2016. Analyst had a consensus of $0.59. The company had revenue of $193.90 million for the quarter, compared to analysts expectations of $194.12 million. The company’s revenue was up 38.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.60 EPS.

Web.com Group Inc. (Web.com) provides a range of Internet services to small businesses. The Company offers Domain Name Registration and Services Do-It-For-Me Web Solutions Do-It-Yourself Web Solutions and Online Marketing Services. It offers Domain Name Registration and Services such as domain name registration transfers renewals expiration protection and privacy services. It offers Do-It-For-Me (DIFM) Web Solutions such as custom Website Ignite Facebook Boost by Web.com and eCommerce. It offers Do-It-Yourself Web Solutions such as Website building and marketing solutions. It offers Online Marketing Services such as search engine optimization (SEO) search engine marketing Leads by Web and renovation experts. Web.com offers small businesses subscription-based solutions such as domains hosting Website design and management search engine optimization online marketing campaigns local sales leads social media mobile products and eCommerce solutions.

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