Insider Selling: Everi Holdings Inc. (EVRI) EVP Sells $920,162.90 in Stock

Everi Holdings Inc. (NYSE:EVRI) EVP Juliet Lim sold 110,863 shares of the firm’s stock in a transaction that occurred on Wednesday, November 15th. The stock was sold at an average price of $8.30, for a total transaction of $920,162.90. Following the transaction, the executive vice president now directly owns 43,370 shares of the company’s stock, valued at $359,971. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

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

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

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

Everi Holdings (NYSE:EVRI) last posted its earnings results on Monday, October 30th. The credit services provider reported ($0.06) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.12) by $0.06. Everi Holdings had a negative return on equity of 16,159.62% and a negative net margin of 25.82%. The company had revenue of $247.32 million during the quarter, compared to the consensus estimate of $228.37 million. During the same quarter last year, the firm earned ($0.12) earnings per share. The company’s revenue was up 11.3% on a year-over-year basis. sell-side analysts predict that Everi Holdings Inc. will post -0.5 earnings per share for the current fiscal year.

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Several equities analysts recently weighed in on the stock. BidaskClub raised shares of Everi Holdings from a “hold” rating to a “buy” rating in a research note on Thursday, November 9th. Stifel Nicolaus reaffirmed a “buy” rating and set a $11.00 price target on shares of Everi Holdings in a report on Wednesday, November 1st. Finally, Zacks Investment Research raised Everi Holdings from a “sell” rating to a “hold” rating in a report on Friday, August 18th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $7.33.

Hedge funds have recently bought and sold shares of the stock. 1st Global Advisors Inc. acquired a new position in Everi Holdings in the second quarter valued at about $101,000. Alliancebernstein L.P. acquired a new position in Everi Holdings in the second quarter valued at about $108,000. Crescent Grove Advisors LLC acquired a new position in Everi Holdings in the second quarter valued at about $109,000. Legal & General Group Plc acquired a new position in Everi Holdings in the second quarter valued at about $121,000. Finally, Wayne Hummer Investments L.L.C. acquired a new position in Everi Holdings in the second quarter valued at about $124,000. 85.69% of the stock is owned by institutional investors and hedge funds.

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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