Scientific Games Corp (NASDAQ:SGMS) Director Richard M. Haddrill sold 8,000 shares of Scientific Games stock in a transaction dated Thursday, December 21st. The stock was sold at an average price of $51.28, for a total transaction of $410,240.00. Following the transaction, the director now directly owns 136,542 shares in the company, valued at $7,001,873.76. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Shares of Scientific Games Corp (NASDAQ SGMS) opened at $49.95 on Monday. Scientific Games Corp has a 12-month low of $13.65 and a 12-month high of $54.95. The firm has a market cap of $4,480.00, a PE ratio of -14.27 and a beta of 2.65. The company has a debt-to-equity ratio of -4.07, a quick ratio of 1.45 and a current ratio of 1.83.

Scientific Games (NASDAQ:SGMS) last announced its quarterly earnings results on Wednesday, November 1st. The technology company reported ($0.66) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.44) by ($0.22). The business had revenue of $768.90 million for the quarter, compared to analyst estimates of $748.56 million. During the same period in the previous year, the company posted ($1.13) EPS. Scientific Games’s revenue was up 6.8% on a year-over-year basis. equities research analysts anticipate that Scientific Games Corp will post -2.47 EPS for the current year.

A number of equities analysts have commented on the stock. Bank of America reaffirmed a “buy” rating and set a $50.00 target price (up from $38.00) on shares of Scientific Games in a research note on Wednesday, September 20th. Stifel Nicolaus lifted their target price on shares of Scientific Games from $35.00 to $40.00 and gave the stock a “hold” rating in a research note on Monday, September 18th. Finally, Craig Hallum reaffirmed a “buy” rating and set a $56.00 target price (up from $45.00) on shares of Scientific Games in a research note on Thursday, October 5th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $42.20.

Several institutional investors and hedge funds have recently made changes to their positions in the business. Sylebra HK Co Ltd increased its position in shares of Scientific Games by 0.4% during the second quarter. Sylebra HK Co Ltd now owns 8,619,044 shares of the technology company’s stock valued at $224,957,000 after acquiring an additional 36,275 shares during the last quarter. BlackRock Inc. increased its position in shares of Scientific Games by 1.4% during the second quarter. BlackRock Inc. now owns 6,204,986 shares of the technology company’s stock valued at $161,950,000 after acquiring an additional 84,128 shares during the last quarter. Whale Rock Capital Management LLC increased its position in shares of Scientific Games by 48.0% during the third quarter. Whale Rock Capital Management LLC now owns 2,093,468 shares of the technology company’s stock valued at $95,986,000 after acquiring an additional 678,561 shares during the last quarter. Renaissance Technologies LLC increased its position in shares of Scientific Games by 152.3% during the second quarter. Renaissance Technologies LLC now owns 1,538,848 shares of the technology company’s stock valued at $40,164,000 after acquiring an additional 928,800 shares during the last quarter. Finally, State Street Corp increased its position in shares of Scientific Games by 5.4% during the second quarter. State Street Corp now owns 1,279,638 shares of the technology company’s stock valued at $33,399,000 after acquiring an additional 65,816 shares during the last quarter. Institutional investors and hedge funds own 63.95% of the company’s stock.

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Scientific Games Company Profile

Scientific Games Corporation is a developer of technology-based products and services and associated content for the gaming, lottery and interactive gaming industries. Its segments include Gaming, Lottery and Interactive. Its portfolio includes gaming machines and game content, casino management systems, table game products and services, instant and draw-based lottery games, server-based gaming and lottery systems, sports betting technology, lottery content and services, loyalty and rewards programs, interactive gaming and social casino solutions.

Insider Buying and Selling by Quarter for Scientific Games (NASDAQ:SGMS)

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