Everi (NYSE:EVRI) Coverage Initiated by Analysts at StockNews.com

Investment analysts at StockNews.com initiated coverage on shares of Everi (NYSE:EVRIGet Free Report) in a report issued on Saturday. The brokerage set a “hold” rating on the credit services provider’s stock.

Everi Trading Down 0.0 %

NYSE EVRI opened at $13.80 on Friday. Everi has a 52 week low of $6.37 and a 52 week high of $13.83. The firm has a 50 day moving average of $13.60 and a two-hundred day moving average of $13.36. The company has a quick ratio of 0.97, a current ratio of 1.06 and a debt-to-equity ratio of 3.84. The stock has a market capitalization of $1.19 billion, a PE ratio of 91.97 and a beta of 2.05.

Insider Activity at Everi

In other news, EVP Darren Simmons sold 50,000 shares of the firm’s stock in a transaction 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 in the company, valued at approximately $1,890,120.50. This trade represents a 26.26 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Geoffrey P. Judge sold 4,000 shares of the firm’s stock in a transaction 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 completion of the sale, the director now owns 91,572 shares of the company’s stock, valued at $1,236,222. This trade represents a 4.19 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 189,476 shares of company stock valued at $2,552,716 in the last ninety days. Insiders own 6.40% of the company’s stock.

Institutional Trading of Everi

Several hedge funds and other institutional investors have recently made changes to their positions in EVRI. Vestcor Inc acquired a new stake in shares of Everi in the fourth quarter valued at about $28,000. Huntington National Bank lifted its stake in shares of Everi by 1,296.2% in the third quarter. Huntington National Bank now owns 5,892 shares of the credit services provider’s stock valued at $77,000 after purchasing an additional 5,470 shares during the period. AlphaQuest LLC increased its holdings in Everi by 97.8% during the 4th quarter. AlphaQuest LLC now owns 9,449 shares of the credit services provider’s stock valued at $128,000 after acquiring an additional 4,671 shares in the last quarter. EP Wealth Advisors LLC purchased a new position in Everi during the 4th quarter valued at about $143,000. Finally, Proficio Capital Partners LLC purchased a new position in Everi during the 4th quarter valued at about $151,000. Institutional investors and hedge funds own 95.47% of the company’s stock.

Everi Company Profile

(Get Free Report)

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.

Read More

Analyst Recommendations for Everi (NYSE:EVRI)

Receive News & Ratings for Everi Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Everi and related companies with MarketBeat.com's FREE daily email newsletter.