Everi Holdings Inc. (NYSE:EVRI) insider Michael D. Rumbolz sold 15,000 shares of the stock in a transaction on Thursday, September 14th. The stock was sold at an average price of $6.90, for a total value of $103,500.00. Following the transaction, the insider now directly owns 121,742 shares in the company, valued at approximately $840,019.80. The transaction was disclosed in a filing with the SEC, which is available at this link.
Everi Holdings Inc. (NYSE:EVRI) traded up 5.44% during trading on Friday, hitting $7.36. The stock had a trading volume of 1,129,286 shares. The company’s market cap is $491.54 million. Everi Holdings Inc. has a one year low of $1.21 and a one year high of $8.99. The firm has a 50 day moving average of $7.55 and a 200-day moving average of $6.44.
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A number of equities analysts have recently issued reports on the company. BidaskClub downgraded Everi Holdings from a “buy” rating to a “hold” rating in a research report on Wednesday, August 2nd. ValuEngine raised Everi Holdings from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. Zacks Investment Research raised Everi Holdings from a “sell” rating to a “hold” rating in a research report on Friday, August 18th. Finally, Stifel Nicolaus reissued a “buy” rating and set a $9.00 price target (up previously from $7.50) on shares of Everi Holdings in a research report on Monday, June 12th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $6.94.
Several hedge funds have recently bought and sold shares of EVRI. Renaissance Technologies LLC raised its holdings in shares of Everi Holdings by 91.9% in the 2nd quarter. Renaissance Technologies LLC now owns 4,868,878 shares of the credit services provider’s stock valued at $35,445,000 after buying an additional 2,331,500 shares during the period. Numeric Investors LLC raised its holdings in shares of Everi Holdings by 639.8% in the 2nd quarter. Numeric Investors LLC now owns 1,596,050 shares of the credit services provider’s stock valued at $11,619,000 after buying an additional 1,380,322 shares during the period. Arrowstreet Capital Limited Partnership raised its holdings in shares of Everi Holdings by 3,400.8% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,045,186 shares of the credit services provider’s stock valued at $7,609,000 after buying an additional 1,015,330 shares during the period. Brookfield Asset Management Inc. purchased a new stake in shares of Everi Holdings in the 1st quarter valued at $4,790,000. Finally, Castleark Management LLC purchased a new stake in shares of Everi Holdings in the 2nd quarter valued at $7,172,000. Hedge funds and other institutional investors own 85.46% of the company’s stock.
About Everi Holdings
Everi Holdings Inc is a holding company. The Company operates through subsidiaries, including Everi Games Holding Inc (Everi Games Holding) and Everi Payments Inc (Everi Payments or Payments). The Company operates through two segments: Games and Payments. The Company provides video and mechanical reel gaming content and technology solutions, integrated gaming payments solutions, and compliance and efficiency software.
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