Insider Selling: Everi Holdings Inc. (EVRI) Director Sells $77,000.00 in Stock
Everi Holdings Inc. (NYSE:EVRI) Director Geoffrey P. Judge sold 10,000 shares of the business’s stock in a transaction dated Tuesday, October 3rd. The shares were sold at an average price of $7.70, for a total transaction of $77,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Everi Holdings Inc. (NYSE:EVRI) opened at 8.12 on Friday. Everi Holdings Inc. has a 1-year low of $1.21 and a 1-year high of $8.99. The company has a 50-day moving average price of $7.53 and a 200-day moving average price of $6.87. The firm’s market cap is $542.29 million.
COPYRIGHT VIOLATION WARNING: “Insider Selling: Everi Holdings Inc. (EVRI) Director Sells $77,000.00 in Stock” was reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this report on another site, it was illegally stolen and republished in violation of US and international copyright & trademark laws. The legal version of this report can be viewed at https://www.thecerbatgem.com/2017/10/08/insider-selling-everi-holdings-inc-evri-director-sells-77000-00-in-stock.html.
Large investors have recently added to or reduced their stakes in the business. 1st Global Advisors Inc. purchased a new stake in shares of Everi Holdings in the 2nd quarter valued at about $101,000. Alliancebernstein L.P. purchased a new stake in shares of Everi Holdings in the 2nd quarter valued at about $108,000. Crescent Grove Advisors LLC purchased a new stake in shares of Everi Holdings in the 2nd quarter valued at about $109,000. Bank of America Corp DE raised its holdings in shares of Everi Holdings by 7,800.0% in the 1st quarter. Bank of America Corp DE now owns 23,463 shares of the credit services provider’s stock valued at $112,000 after acquiring an additional 23,166 shares in the last quarter. Finally, Legal & General Group Plc purchased a new stake in shares of Everi Holdings in the 2nd quarter valued at about $121,000. 85.43% of the stock is currently owned by hedge funds and other institutional investors.
EVRI has been the subject of a number of analyst reports. Stifel Nicolaus reaffirmed a “buy” rating and issued a $9.00 price target (up previously from $7.50) on shares of Everi Holdings in a research note on Monday, June 12th. BidaskClub downgraded Everi Holdings from a “buy” rating to a “hold” rating in a research note on Wednesday, August 2nd. Finally, Zacks Investment Research downgraded Everi Holdings from a “hold” rating to a “sell” rating in a research note on Friday, August 11th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $7.00.
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.
Receive News & Stock Ratings for Everi Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Everi Holdings Inc. and related stocks with our FREE daily email newsletter.