Juliet Lim Sells 110,863 Shares of Everi Holdings Inc. (EVRI) Stock

Everi Holdings Inc. (NYSE:EVRI) EVP Juliet Lim sold 110,863 shares of the business’s stock in a transaction that occurred on Wednesday, November 15th. The shares were sold at an average price of $8.30, for a total value of $920,162.90. Following the completion of the transaction, the executive vice president now owns 43,370 shares of the company’s stock, valued at $359,971. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Juliet Lim also recently made the following trade(s):

  • On Friday, November 17th, Juliet Lim sold 133,515 shares of Everi Holdings stock. The shares were sold at an average price of $8.33, for a total value of $1,112,179.95.

Shares of Everi Holdings Inc. (NYSE:EVRI) opened at $8.65 on Friday. The company has a quick ratio of 0.91, a current ratio of 0.98 and a debt-to-equity ratio of -9.13. Everi Holdings Inc. has a 12 month low of $2.08 and a 12 month high of $8.99.

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

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Several brokerages recently issued reports on EVRI. Stifel Nicolaus boosted their price objective on Everi Holdings from $9.00 to $10.00 and gave the company a “buy” rating in a research report on Wednesday, August 9th. BidaskClub upgraded Everi Holdings from a “hold” rating to a “buy” rating in a research report on Thursday, November 9th. Finally, Zacks Investment Research lowered Everi Holdings from a “hold” rating to a “sell” rating in a research report on Friday, August 11th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $7.33.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in EVRI. Renaissance Technologies LLC lifted its stake in Everi Holdings by 91.9% in the 2nd quarter. Renaissance Technologies LLC now owns 4,868,878 shares of the credit services provider’s stock valued at $35,445,000 after acquiring an additional 2,331,500 shares in the last quarter. Numeric Investors LLC lifted its stake in Everi Holdings by 639.8% in the 2nd quarter. Numeric Investors LLC now owns 1,596,050 shares of the credit services provider’s stock valued at $11,619,000 after acquiring an additional 1,380,322 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in Everi Holdings by 3,400.8% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,045,186 shares of the credit services provider’s stock valued at $7,609,000 after acquiring an additional 1,015,330 shares in the last quarter. Castleark Management LLC bought a new stake in Everi Holdings in the 2nd quarter valued at approximately $7,172,000. Finally, State Street Corp lifted its stake in Everi Holdings by 1,586.2% in the 2nd quarter. State Street Corp now owns 1,045,754 shares of the credit services provider’s stock valued at $7,608,000 after acquiring an additional 983,736 shares in the last quarter. Hedge funds and other institutional investors own 85.45% of the company’s stock.

About Everi Holdings

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.

Insider Buying and Selling by Quarter for Everi Holdings (NYSE:EVRI)

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