Geoffrey P. Judge Sells 4,000 Shares of Everi Holdings Inc. (NYSE:EVRI) Stock

Everi Holdings Inc. (NYSE:EVRI) Director Geoffrey P. Judge sold 4,000 shares of the company’s stock in a transaction dated Friday, December 6th. The stock was sold at an average price of $13.50, for a total value of $54,000.00. Following the completion of the transaction, the director now directly owns 91,572 shares of the company’s stock, valued at approximately $1,236,222. The trade was a 4.19 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Everi Stock Performance

NYSE EVRI opened at $13.48 on Friday. The business’s 50-day moving average price is $13.33 and its two-hundred day moving average price is $11.49. Everi Holdings Inc. has a 12 month low of $6.37 and a 12 month high of $13.50. The firm has a market capitalization of $1.16 billion, a PE ratio of 89.87 and a beta of 2.07. The company has a current ratio of 1.06, a quick ratio of 0.97 and a debt-to-equity ratio of 3.84.

Institutional Investors Weigh In On Everi

A number of institutional investors have recently made changes to their positions in the stock. Private Capital Management LLC grew its position in shares of Everi by 19.8% in the 1st quarter. Private Capital Management LLC now owns 2,791,180 shares of the credit services provider’s stock valued at $28,051,000 after buying an additional 461,939 shares during the last quarter. Clearbridge Investments LLC grew its position in shares of Everi by 85.3% in the 2nd quarter. Clearbridge Investments LLC now owns 2,785,753 shares of the credit services provider’s stock valued at $23,400,000 after buying an additional 1,282,682 shares during the last quarter. Glazer Capital LLC bought a new stake in shares of Everi in the 3rd quarter valued at about $33,507,000. Alpine Associates Management Inc. bought a new stake in shares of Everi in the 3rd quarter valued at about $24,815,000. Finally, Geode Capital Management LLC boosted its position in shares of Everi by 1.5% during the 3rd quarter. Geode Capital Management LLC now owns 1,860,321 shares of the credit services provider’s stock valued at $24,450,000 after purchasing an additional 27,670 shares in the last quarter. Institutional investors own 95.47% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on Everi in a report on Wednesday. They issued a “hold” rating for the company. Six investment analysts have rated the stock with a hold rating, According to MarketBeat, Everi currently has an average rating of “Hold” and a consensus target price of $12.88.

About Everi

Everi Holdings Inc develops and supplies entertaining game content, gaming machines, and gaming systems and services for land-based and iGaming operators in the United States, Canada, and internationally. It operates in Games and Financial Technology Solutions segments. The company offers classic mechanical reel games and video reel games, as well as TournEvent of Champions, a national slot tournament; and sells gaming equipment and player terminals, licenses, game content, and ancillary equipment, such as signage and lighting packages.