Macquarie Group Ltd. purchased a new stake in Everi Holdings Inc (NYSE:EVRI) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 198,139 shares of the credit services provider’s stock, valued at approximately $1,504,000. Macquarie Group Ltd. owned 0.30% of Everi as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. 1st Global Advisors Inc. acquired a new position in shares of Everi during the 2nd quarter worth approximately $101,000. Alliancebernstein L.P. purchased a new stake in Everi in the second quarter valued at approximately $108,000. Crescent Grove Advisors LLC purchased a new stake in Everi in the second quarter valued at approximately $109,000. Legal & General Group Plc purchased a new stake in Everi in the second quarter valued at approximately $121,000. Finally, Wayne Hummer Investments L.L.C. purchased a new stake in Everi in the second quarter valued at approximately $124,000. 84.08% of the stock is currently owned by hedge funds and other institutional investors.

In other news, EVP Juliet Lim sold 133,515 shares of the stock in a transaction that occurred on Friday, November 17th. The stock was sold at an average price of $8.33, for a total transaction of $1,112,179.95. Following the transaction, the executive vice president now owns 43,370 shares in the company, valued at approximately $361,272.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Michael D. Rumbolz sold 15,000 shares of the stock in a transaction that occurred on Thursday, September 14th. The shares were sold at an average price of $6.90, for a total value of $103,500.00. Following the transaction, the insider now owns 121,742 shares in the company, valued at approximately $840,019.80. The disclosure for this sale can be found here. Insiders have sold a total of 359,378 shares of company stock worth $2,949,643 in the last quarter. Insiders own 4.50% of the company’s stock.

Everi Holdings Inc (NYSE:EVRI) traded up $0.41 during trading on Friday, reaching $7.98. The company’s stock had a trading volume of 667,000 shares, compared to its average volume of 778,496. The company has a debt-to-equity ratio of -9.13, a quick ratio of 0.91 and a current ratio of 0.98. Everi Holdings Inc has a 1-year low of $2.09 and a 1-year high of $8.99.

Everi (NYSE:EVRI) last released its quarterly earnings data on Monday, October 30th. The credit services provider reported ($0.06) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.12) by $0.06. Everi had a negative return on equity of 16,159.62% and a negative net margin of 25.82%. The business had revenue of $247.32 million for the quarter, compared to analyst estimates of $228.37 million. During the same quarter in the prior year, the firm posted ($0.12) EPS. The business’s quarterly revenue was up 11.3% compared to the same quarter last year. sell-side analysts expect that Everi Holdings Inc will post -0.5 earnings per share for the current year.

Several equities research analysts have commented on EVRI shares. BidaskClub upgraded Everi from a “hold” rating to a “buy” rating in a research report on Thursday, August 17th. Zacks Investment Research upgraded Everi from a “sell” rating to a “hold” rating in a research report on Friday, August 18th. Finally, Stifel Nicolaus restated a “buy” rating and issued a $11.00 price objective on shares of Everi in a research report on Wednesday, November 1st. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $7.33.

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About Everi

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.

Institutional Ownership by Quarter for Everi (NYSE:EVRI)

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