Everi Holdings Inc. (NYSE:EVRI) Director Geoffrey P. Judge Sells 16,000 Shares

Everi Holdings Inc. (NYSE:EVRI) Director Geoffrey P. Judge sold 16,000 shares of the company’s stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $13.37, for a total value of $213,920.00. Following the completion of the sale, the director now owns 91,572 shares in the company, valued at $1,224,317.64. The trade was a 14.87 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Everi Trading Down 0.4 %

Shares of NYSE:EVRI opened at $13.37 on Friday. The business’s 50 day moving average price is $13.24 and its 200-day moving average price is $10.87. Everi Holdings Inc. has a 1 year low of $6.37 and a 1 year high of $13.45. The firm has a market capitalization of $1.15 billion, a price-to-earnings ratio of 28.44 and a beta of 2.13. The company has a debt-to-equity ratio of 3.84, a current ratio of 1.06 and a quick ratio of 0.95.

Wall Street Analysts Forecast Growth

EVRI has been the topic of several recent research reports. B. Riley upped their price objective on Everi from $11.00 to $14.25 and gave the stock a “neutral” rating in a research report on Monday, August 5th. Raymond James reissued a “market perform” rating on shares of Everi in a report on Monday, July 29th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $14.25 price objective (up previously from $11.00) on shares of Everi in a report on Wednesday, July 31st. Finally, StockNews.com started coverage on shares of Everi in a research note on Sunday, November 10th. They set a “hold” rating on the stock. Six analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $12.88.

Hedge Funds Weigh In On Everi

A number of large investors have recently added to or reduced their stakes in the stock. Geode Capital Management LLC increased its stake in shares of Everi by 1.5% during the third quarter. Geode Capital Management LLC now owns 1,860,321 shares of the credit services provider’s stock worth $24,450,000 after purchasing an additional 27,670 shares in the last quarter. MML Investors Services LLC acquired a new stake in Everi in the 3rd quarter worth about $223,000. Jane Street Group LLC increased its stake in Everi by 86.7% during the 3rd quarter. Jane Street Group LLC now owns 162,951 shares of the credit services provider’s stock worth $2,141,000 after buying an additional 75,655 shares in the last quarter. Villanova Investment Management Co LLC raised its holdings in shares of Everi by 9.1% during the third quarter. Villanova Investment Management Co LLC now owns 175,133 shares of the credit services provider’s stock valued at $2,301,000 after acquiring an additional 14,680 shares during the last quarter. Finally, Stifel Financial Corp lifted its position in shares of 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 currently owned by institutional investors and hedge funds.

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.