Everi Holdings Inc. (NYSE:EVRI) Shares Acquired by Stifel Financial Corp

Stifel Financial Corp boosted its holdings in Everi Holdings Inc. (NYSE:EVRI) by 12.2% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 13,059 shares of the credit services provider’s stock after acquiring an additional 1,423 shares during the quarter. Stifel Financial Corp’s holdings in Everi were worth $172,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in EVRI. Quest Partners LLC boosted its holdings in Everi by 756.2% during the second quarter. Quest Partners LLC now owns 73,920 shares of the credit services provider’s stock worth $621,000 after buying an additional 65,287 shares in the last quarter. Huntington National Bank lifted its position in shares of Everi by 1,296.2% during the 3rd quarter. Huntington National Bank now owns 5,892 shares of the credit services provider’s stock valued at $77,000 after acquiring an additional 5,470 shares during the period. Burgundy Asset Management Ltd. boosted its stake in shares of Everi by 1,230.8% during the 2nd quarter. Burgundy Asset Management Ltd. now owns 683,938 shares of the credit services provider’s stock worth $5,745,000 after acquiring an additional 632,544 shares in the last quarter. Wolverine Asset Management LLC acquired a new stake in shares of Everi in the 3rd quarter worth approximately $2,113,000. Finally, SG Americas Securities LLC purchased a new position in Everi in the 3rd quarter valued at approximately $422,000. 95.47% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on Everi in a research report on Saturday. They set a “hold” rating on the stock. Six equities research analysts have rated the stock with a hold rating, According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $12.88.

Everi Stock Down 0.1 %

EVRI stock opened at $13.48 on Tuesday. The company has a debt-to-equity ratio of 3.84, a current ratio of 1.06 and a quick ratio of 0.97. Everi Holdings Inc. has a 12 month low of $6.37 and a 12 month high of $13.53. The firm has a market capitalization of $1.16 billion, a PE ratio of 89.87 and a beta of 2.07. The company’s 50 day simple moving average is $13.41 and its 200-day simple moving average is $12.17.

Insider Buying and Selling at Everi

In related news, Director Linster W. Fox sold 40,000 shares of the company’s stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $13.48, for a total transaction of $539,200.00. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Geoffrey P. Judge sold 16,000 shares of the business’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $13.37, for a total value of $213,920.00. Following the completion of the transaction, the director now owns 91,572 shares of the company’s stock, valued at $1,224,317.64. This trade represents a 14.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 255,476 shares of company stock worth $3,435,636. 6.40% of the stock is owned by insiders.

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.