Teton Advisors Inc. purchased a new stake in Everi Holdings Inc (NYSE:EVRI) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 15,000 shares of the credit services provider’s stock, valued at approximately $108,000.

Other hedge funds have also recently made changes to their positions in the company. WINTON GROUP Ltd acquired a new stake in Everi in the first quarter valued at $108,000. Ladenburg Thalmann Financial Services Inc. lifted its stake in Everi by 107.1% in the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 34,800 shares of the credit services provider’s stock valued at $229,000 after acquiring an additional 18,000 shares during the last quarter. Algert Global LLC bought a new position in shares of Everi in the first quarter valued at about $265,000. KBC Group NV bought a new position in shares of Everi in the second quarter valued at about $442,000. Finally, Thompson Siegel & Walmsley LLC raised its position in shares of Everi by 80.3% in the first quarter. Thompson Siegel & Walmsley LLC now owns 63,750 shares of the credit services provider’s stock valued at $419,000 after purchasing an additional 28,400 shares during the period. Hedge funds and other institutional investors own 88.64% of the company’s stock.

In related news, insider Michael D. Rumbolz sold 42,500 shares of the firm’s stock in a transaction dated Tuesday, June 5th. The shares were sold at an average price of $8.03, for a total transaction of $341,275.00. Following the transaction, the insider now directly owns 145,634 shares of the company’s stock, valued at $1,169,441.02. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 6.00% of the stock is currently owned by company insiders.

Several equities analysts have recently weighed in on EVRI shares. Jefferies Financial Group increased their price objective on shares of Everi from $11.00 to $12.00 and gave the company a “buy” rating in a research report on Wednesday, August 8th. Zacks Investment Research lowered shares of Everi from a “hold” rating to a “sell” rating in a research report on Tuesday, May 8th. ValuEngine raised shares of Everi from a “hold” rating to a “buy” rating in a research report on Monday, May 7th. Finally, TheStreet raised shares of Everi from a “d+” rating to a “c-” rating in a research report on Monday, August 6th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Everi has a consensus rating of “Buy” and an average price target of $10.50.

Shares of EVRI opened at $8.63 on Friday. The stock has a market capitalization of $602.96 million, a PE ratio of -27.84, a P/E/G ratio of 6.19 and a beta of 1.14. Everi Holdings Inc has a fifty-two week low of $6.08 and a fifty-two week high of $8.99. The company has a debt-to-equity ratio of -9.62, a quick ratio of 0.92 and a current ratio of 0.99.

Everi (NYSE:EVRI) last issued its quarterly earnings data on Tuesday, August 7th. The credit services provider reported $0.05 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.09 by ($0.04). The firm had revenue of $118.68 million for the quarter, compared to the consensus estimate of $110.17 million. equities research analysts anticipate that Everi Holdings Inc will post 0.07 EPS for the current fiscal year.

Everi Profile

Everi Holdings Inc provides technology solutions for the casino gaming industry in the United States, Europe, Canada, the Caribbean, Central America, and Asia. The company operates in two segments, Games and Payments. It offers gaming products, such as classic mechanical reel games, video reel games, core HDX, Empire MPX and the Texan HDX, wide area progressive games, and slot tournament systems; and sells player terminals, licenses, back office systems, and other related equipment.

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Institutional Ownership by Quarter for Everi (NYSE:EVRI)

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