What Will Happen to Electronics For Imaging, Inc. Next? The Stock Just Had Huge Bearish Options Activity

 What Will Happen to Electronics For Imaging, Inc. Next? The Stock Just Had Huge Bearish Options Activity

In today’s session Electronics For Imaging, Inc. (EFII) recorded an unusually high (482) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the November, 2016 put, expecting serious EFII decrease. With 482 contracts traded and 10164 open interest for the Nov, 16 contract, it seems this is a quite bearish bet. The option with symbol: EFII161118P00040000 closed last at: $0.55 or 15.4% down. About 37,351 shares traded hands. Electronics For Imaging, Inc. (NASDAQ:EFII) has risen 0.02% since April 1, 2016 and is uptrending. It has underperformed by 1.19% the S&P500.

Electronics For Imaging, Inc. (NASDAQ:EFII) Ratings Coverage

Out of 6 analysts covering Electronics for Imaging (NASDAQ:EFII), 6 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $60 is the highest target while $47 is the lowest. The $54.20 average target is 27.59% above today’s ($42.48) stock price. Electronics for Imaging has been the topic of 10 analyst reports since July 21, 2015 according to StockzIntelligence Inc. William Blair initiated the stock with “Outperform” rating in Friday, September 9 report. The stock of Electronics For Imaging, Inc. (NASDAQ:EFII) has “Buy” rating given on Thursday, August 25 by Stifel Nicolaus. As per Tuesday, October 25, the company rating was maintained by Needham. The stock has “Buy” rating given by Needham on Tuesday, September 27. Barclays Capital initiated the stock with “Overweight” rating in Wednesday, January 13 report. The firm earned “Buy” rating on Thursday, April 21 by Citigroup.

According to Zacks Investment Research, “Electronics for Imaging, Inc. designs and markets products that support color and black-and-white printing on a variety of peripheral devices. Its products incorporate hardware and software technologies that transform digital copiers and printers from many leading copier manufacturers into fast, high-quality networked printers. The company’s products include stand-alone servers, which are connected to digital copiers and other peripheral devices, and controllers, which are embedded in digital copiers and desktop color laser printers.”

Insitutional Activity: The institutional sentiment decreased to 1.09 in 2016 Q2. Its down 0.65, from 1.74 in 2016Q1. The ratio turned negative, as 30 funds sold all Electronics For Imaging, Inc. shares owned while 47 reduced positions. 21 funds bought stakes while 63 increased positions. They now own 49.24 million shares or 2.29% more from 48.14 million shares in 2016Q1.
Ls Inv Advisors Ltd Liability Corporation accumulated 1,676 shares or 0% of the stock. Bridgeway Management accumulated 11,300 shares or 0.01% of the stock. Thrivent Finance For Lutherans has 22,790 shares for 0% of their US portfolio. Retail Bank Of New York Mellon accumulated 1.04 million shares or 0.01% of the stock. Rothschild Asset Mgmt, a New York-based fund reported 436,854 shares. Fourpoints Invest Managers Sas holds 0.75% of its portfolio in Electronics For Imaging, Inc. (NASDAQ:EFII) for 24,818 shares. Vaughan Nelson Invest Management L P last reported 0.19% of its portfolio in the stock. Arizona State Retirement Sys accumulated 0.01% or 24,469 shares. Raymond James has 5,586 shares for 0% of their US portfolio. Bamco Ny has 1.25 million shares for 0.29% of their US portfolio. Brown Advisory has invested 0.09% of its portfolio in Electronics For Imaging, Inc. (NASDAQ:EFII). First Quadrant L P Ca, a California-based fund reported 13,200 shares. Suffolk Capital Management Limited Liability Corp reported 66,506 shares or 0.37% of all its holdings. Texas Permanent School Fund, a Texas-based fund reported 36,014 shares. Moreover, Great West Life Assurance Co Can has 0% invested in Electronics For Imaging, Inc. (NASDAQ:EFII) for 4,541 shares.

Insider Transactions: Since August 23, 2016, the stock had 0 insider purchases, and 3 sales for $2.39 million net activity. The insider COGAN GILL sold 3,727 shares worth $173,902. The insider GECHT GUY sold $1.64 million.

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 printing to digital on-demand printing. The company has a market cap of $1.97 billion. The Firm operates through three divisions: Industrial Inkjet, Productivity Software and Fiery. It has a 57.49 P/E ratio. The Company’s products include industrial super-wide and wide format, label and packaging, and ceramic tile decoration digital inkjet printers that utilizes its digital ink, industrial 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.

EFII Company Profile

Electronics For Imaging, Inc. (EFI), incorporated on November 21, 1988, 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 printing to digital on-demand printing. The Firm operates through three divisions: Industrial Inkjet, Productivity Software and Fiery. The Company’s products include industrial super-wide and wide format, label and packaging, and ceramic tile decoration digital inkjet printers that utilizes its digital ink, industrial 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. The Company’s inks include digital ultra-violet (UV), light emitting diode (LED), ceramic, and thermoforming ink, as well as various textile ink, including dye sublimation, pigmented, reactive dye, acid dye, and water dispersed printing ink.

More news for Electronics For Imaging, Inc. (NASDAQ:EFII) were recently published by: Prnewswire.com, which released: “SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation …” on October 14, 2016. Prnewswire.com‘s article titled: “SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of …” and published on October 14, 2016 is yet another important article.

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