Everi Holdings Inc. (NYSE:EVRI) Shares Sold by Barclays PLC

Barclays PLC trimmed its position in shares of Everi Holdings Inc. (NYSE:EVRI) by 58.7% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 178,197 shares of the credit services provider’s stock after selling 252,878 shares during the quarter. Barclays PLC owned 0.21% of Everi worth $2,340,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of EVRI. Signaturefd LLC grew its stake in Everi by 2,428.6% during the 2nd 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 in the last quarter. Huntington National Bank boosted its stake in shares of Everi by 1,296.2% in the 3rd quarter. Huntington National Bank now owns 5,892 shares of the credit services provider’s stock valued at $77,000 after buying an additional 5,470 shares during the period. Quarry LP grew its position 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 buying an additional 2,864 shares in the last quarter. Magnetar Financial LLC purchased a new stake in shares of Everi during the second quarter worth approximately $104,000. Finally, Stifel Financial Corp raised its holdings in Everi by 12.2% in the third quarter. Stifel Financial Corp now owns 13,059 shares of the credit services provider’s stock valued at $172,000 after acquiring an additional 1,423 shares in the last quarter. 95.47% of the stock is owned by institutional investors and hedge funds.

Everi Stock Performance

Shares of Everi stock opened at $13.50 on Thursday. 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 $13.53. The firm’s 50 day moving average is $13.41 and its two-hundred day moving average is $12.07. The firm has a market capitalization of $1.16 billion, a P/E ratio of 90.01 and a beta of 2.07.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on shares of Everi in a report on Friday, December 20th. They set a “hold” rating for the company. Six equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $12.88.

Insider Activity at Everi

In related news, Director Geoffrey P. Judge sold 4,000 shares of the firm’s stock in a transaction that occurred on Friday, December 6th. The stock was sold at an average price of $13.50, for a total transaction of $54,000.00. Following the transaction, the director now owns 91,572 shares in the company, valued at $1,236,222. This trade represents a 4.19 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Darren Simmons sold 50,000 shares of the business’s stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $13.46, for a total value of $673,000.00. Following the completion of the sale, the executive vice president now owns 140,425 shares of the company’s stock, valued at approximately $1,890,120.50. This represents a 26.26 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 255,476 shares of company stock valued at $3,435,636 in the last ninety days. Insiders own 6.40% of the company’s stock.

Everi Profile

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.