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.
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