SG Americas Securities LLC acquired a new position in shares of Everi Holdings Inc. (NYSE:EVRI – Free Report) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 32,136 shares of the credit services provider’s stock, valued at approximately $422,000.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Signaturefd LLC increased its stake in shares of Everi by 2,428.6% in the second quarter. Signaturefd LLC now owns 3,186 shares of the credit services provider’s stock valued at $27,000 after buying an additional 3,060 shares in the last quarter. CWM LLC increased its stake in shares of Everi by 117.5% in the second quarter. CWM LLC now owns 3,512 shares of the credit services provider’s stock valued at $30,000 after buying an additional 1,897 shares in the last quarter. Quarry LP increased its stake in shares of Everi by 38.9% in the second quarter. Quarry LP now owns 10,230 shares of the credit services provider’s stock valued at $86,000 after buying an additional 2,864 shares in the last quarter. Magnetar Financial LLC bought a new position in Everi in the second quarter valued at about $104,000. Finally, Meeder Asset Management Inc. bought a new position in Everi in the second quarter valued at about $118,000. 95.47% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity
In other news, EVP Kate C. Lowenhar-Fisher sold 12,026 shares of Everi stock in a transaction dated Friday, August 9th. The stock was sold at an average price of $12.95, for a total transaction of $155,736.70. Following the transaction, the executive vice president now owns 68,477 shares in the company, valued at $886,777.15. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In other news, EVP Kate C. Lowenhar-Fisher sold 12,026 shares of Everi stock in a transaction dated Friday, August 9th. The stock was sold at an average price of $12.95, for a total transaction of $155,736.70. Following the transaction, the executive vice president now owns 68,477 shares in the company, valued at $886,777.15. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP David Lucchese sold 4,124 shares of Everi stock in a transaction dated Tuesday, August 13th. The shares were sold at an average price of $12.99, for a total value of $53,570.76. Following the transaction, the executive vice president now owns 588,404 shares in the company, valued at $7,643,367.96. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 131,417 shares of company stock worth $1,713,281 in the last 90 days. Corporate insiders own 6.40% of the company’s stock.
Analysts Set New Price Targets
Check Out Our Latest Research Report on Everi
Everi Price Performance
Shares of EVRI opened at $13.32 on Friday. The company has a current ratio of 1.05, a quick ratio of 0.95 and a debt-to-equity ratio of 3.94. Everi Holdings Inc. has a 1 year low of $6.37 and a 1 year high of $13.33. The stock has a market cap of $1.12 billion, a P/E ratio of 20.48 and a beta of 2.15. The stock’s 50-day moving average price is $13.08 and its two-hundred day moving average price is $10.23.
Everi (NYSE:EVRI – Get Free Report) last issued its earnings results on Wednesday, August 7th. The credit services provider reported $0.11 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.11. Everi had a return on equity of 17.86% and a net margin of 5.42%. The firm had revenue of $191.19 million for the quarter, compared to analysts’ expectations of $190.00 million. On average, equities analysts predict that Everi Holdings Inc. will post 0.49 earnings per share for the current year.
About Everi
Everi Holdings Inc develops and supplies entertaining game content, gaming machines, and gaming systems and services for land-based and iGaming operators in the United States, Canada, and internationally. It operates in Games and Financial Technology Solutions segments. The company offers classic mechanical reel games and video reel games, as well as TournEvent of Champions, a national slot tournament; and sells gaming equipment and player terminals, licenses, game content, and ancillary equipment, such as signage and lighting packages.
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