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

Everi Holdings Inc. (NYSE:EVRI) Director Geoffrey P. Judge sold 16,000 shares of the company’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 sale, the director now owns 91,572 shares of the company’s stock, valued at approximately $1,224,317.64. This trade represents a 14.87 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Everi Trading Down 0.4 %

Shares of Everi stock opened at $13.37 on Friday. Everi Holdings Inc. has a fifty-two week low of $6.37 and a fifty-two week high of $13.45. The company has a debt-to-equity ratio of 3.84, a quick ratio of 0.95 and a current ratio of 1.06. The company has a market capitalization of $1.15 billion, a P/E ratio of 28.45 and a beta of 2.13. The company has a fifty day moving average of $13.24 and a 200 day moving average of $10.89.

Institutional Trading of Everi

A number of large investors have recently added to or reduced their stakes in the company. Signaturefd LLC lifted its holdings in shares of Everi by 2,428.6% in the 2nd quarter. Signaturefd LLC now owns 3,186 shares of the credit services provider’s stock worth $27,000 after acquiring an additional 3,060 shares during the last quarter. CWM LLC raised its holdings in shares of Everi by 117.5% in the second quarter. CWM LLC now owns 3,512 shares of the credit services provider’s stock worth $30,000 after buying an additional 1,897 shares during the period. Huntington National Bank lifted its stake 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 worth $77,000 after acquiring an additional 5,470 shares during the last quarter. Quarry LP boosted its holdings in Everi by 38.9% during the 2nd quarter. Quarry LP now owns 10,230 shares of the credit services provider’s stock valued at $86,000 after acquiring an additional 2,864 shares during the period. Finally, Magnetar Financial LLC bought a new position in Everi in the 2nd quarter valued at $104,000. Institutional investors own 95.47% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently weighed in on EVRI. Raymond James reiterated a “market perform” rating on shares of Everi in a research note on Monday, July 29th. B. Riley increased their price target on shares of Everi from $11.00 to $14.25 and gave the stock a “neutral” rating in a research report on Monday, August 5th. StockNews.com began coverage on Everi in a research note on Sunday, November 10th. They issued a “hold” rating for the company. Finally, Stifel Nicolaus reiterated a “hold” rating and set a $14.25 target price (up from $11.00) on shares of Everi in a research report on Wednesday, July 31st. Six investment analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $12.88.

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.