Today, a Director at Electronics for Imaging (NASDAQ: EFII), Richard Kashnow, bought shares of EFII for $357K.
Following this transaction Richard Kashnow’s holding in the company was increased by 250% to a total of $340.5K. This is Kashnow’s first Buy trade following 8 Sell transactions.
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Based on Electronics for Imaging’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $261 million and quarterly net profit of $3.77 million. In comparison, last year the company earned revenue of $247 million and had a net profit of $2.76 million. Currently, Electronics for Imaging has an average volume of 272.7K.
10 different firms, including Barclays and BMO Capital, currently also have a Buy rating on the stock.
In the last 30 days, insiders have sold $848.5K worth of EFII shares and purchased $357K worth of EFII shares.
Richard Kashnow’s trades have generated a 5.9% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Electronics For Imaging, Inc. engages in the provision of digital printing services. It operates through the following segments: Industrial Inkjet, Productivity Software, and Fiery.
