Goldman Sachs Group Inc. cut its holdings in shares of Inspired Entertainment, Inc. (NASDAQ:INSE) by 74.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 13,194 shares of the company’s stock after selling 39,429 shares during the quarter. Goldman Sachs Group Inc. owned 0.06% of Inspired Entertainment worth $172,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Citigroup Inc. acquired a new stake in Inspired Entertainment during the 2nd quarter worth about $118,000. Vanguard Group Inc. boosted its position in Inspired Entertainment by 25.7% during the 2nd quarter. Vanguard Group Inc. now owns 231,476 shares of the company’s stock worth $3,010,000 after acquiring an additional 47,276 shares during the period. Finally, Northern Trust Corp acquired a new stake in Inspired Entertainment during the 2nd quarter worth about $311,000. Hedge funds and other institutional investors own 18.71% of the company’s stock.

Shares of Inspired Entertainment, Inc. (INSE) opened at $9.75 on Wednesday. Inspired Entertainment, Inc. has a 1 year low of $7.27 and a 1 year high of $14.00. The company has a quick ratio of 0.91, a current ratio of 0.98 and a debt-to-equity ratio of -53.27.

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Inspired Entertainment Company Profile

Inspired Entertainment, Inc, formerly Hydra Industries Acquisition Corp., is a global games technology company. The Company is engaged in developing and operating digital games and networks. The Company is engaged in supplying Virtual Sports, Mobile Gaming and Server-Based Gaming (SBG) systems with associated terminals and digital content to regulated betting, gaming and lottery operators around the world.

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Institutional Ownership by Quarter for Inspired Entertainment (NASDAQ:INSE)

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