Walleye Capital LLC Makes New $255,000 Investment in Everi Holdings Inc. (NYSE:EVRI)

Walleye Capital LLC bought a new position in Everi Holdings Inc. (NYSE:EVRI) during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 19,373 shares of the credit services provider’s stock, valued at approximately $255,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Signaturefd LLC increased its holdings 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 worth $27,000 after purchasing an additional 3,060 shares during the period. CWM LLC boosted its holdings in shares of Everi by 117.5% during the second quarter. CWM LLC now owns 3,512 shares of the credit services provider’s stock worth $30,000 after purchasing an additional 1,897 shares during the period. Huntington National Bank boosted its holdings in shares of Everi by 1,296.2% during the third quarter. Huntington National Bank now owns 5,892 shares of the credit services provider’s stock worth $77,000 after purchasing an additional 5,470 shares during the period. Quarry LP boosted its holdings in shares of Everi by 38.9% during the second quarter. Quarry LP now owns 10,230 shares of the credit services provider’s stock worth $86,000 after purchasing an additional 2,864 shares during the period. Finally, Magnetar Financial LLC bought a new position in Everi in the second quarter worth about $104,000. Hedge funds and other institutional investors own 95.47% of the company’s stock.

Everi Trading Down 0.1 %

NYSE EVRI opened at $13.46 on Wednesday. The company has a quick ratio of 0.97, a current ratio of 1.06 and a debt-to-equity ratio of 3.84. Everi Holdings Inc. has a 52 week low of $6.37 and a 52 week high of $13.50. The firm has a market cap of $1.16 billion, a PE ratio of 89.74 and a beta of 2.07. The company has a 50 day moving average price of $13.34 and a 200 day moving average price of $11.61.

Insider Transactions at Everi

In related news, CFO Mark F. Labay sold 50,000 shares of the business’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $13.38, for a total transaction of $669,000.00. Following the transaction, the chief financial officer now directly owns 142,426 shares in the company, valued at approximately $1,905,659.88. The trade was a 25.98 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP David Lucchese sold 45,476 shares of the business’s stock in a transaction dated Monday, December 9th. The stock was sold at an average price of $13.48, for a total transaction of $613,016.48. Following the transaction, the executive vice president now owns 542,928 shares in the company, valued at $7,318,669.44. The trade was a 7.73 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 205,476 shares of company stock worth $2,762,636 over the last 90 days. 6.40% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Separately, StockNews.com began coverage on shares of Everi in a research note on Wednesday, December 4th. They set a “hold” rating for the company. Six analysts have rated the stock with a hold rating, Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $12.88.

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.