Everi Holdings Inc. (NYSE:EVRI) Stake Lessened by Virtu Financial LLC

Virtu Financial LLC decreased its holdings in shares of Everi Holdings Inc. (NYSE:EVRI) by 9.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 60,190 shares of the credit services provider’s stock after selling 6,593 shares during the quarter. Virtu Financial LLC owned 0.07% of Everi worth $813,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the business. Glazer Capital LLC purchased a new stake in shares of Everi during the third quarter worth $33,507,000. Westchester Capital Management LLC purchased a new stake in shares of Everi during the 3rd quarter worth about $16,662,000. Sand Grove Capital Management LLP acquired a new stake in shares of Everi during the 3rd quarter valued at about $15,806,000. Centiva Capital LP grew its stake in shares of Everi by 428.4% in the 3rd quarter. Centiva Capital LP now owns 425,000 shares of the credit services provider’s stock valued at $5,584,000 after buying an additional 344,573 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in Everi in the fourth quarter worth approximately $4,361,000. 95.47% of the stock is owned by institutional investors and hedge funds.

Everi Stock Performance

Shares of EVRI opened at $13.66 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 one year low of $6.37 and a one year high of $13.83. The company’s fifty day moving average price is $13.67 and its 200 day moving average price is $13.46. The company has a market capitalization of $1.18 billion, a PE ratio of 91.04 and a beta of 2.05.

Insider Transactions at Everi

In other news, Director Geoffrey P. Judge sold 7,332 shares of the firm’s stock in a transaction on Monday, March 10th. The shares were sold at an average price of $13.73, for a total value of $100,668.36. Following the sale, the director now owns 84,240 shares in the company, valued at approximately $1,156,615.20. This trade represents a 8.01 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 6.40% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on shares of Everi in a research report on Tuesday, March 18th. They issued a “hold” rating for the company. Five investment analysts have rated the stock with a hold rating, Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $12.83.

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.