Everi Holdings Inc. (NYSE:EVRI) Director Linster W. Fox Sells 40,000 Shares

Everi Holdings Inc. (NYSE:EVRI) Director Linster W. Fox sold 40,000 shares of the stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $13.48, for a total transaction of $539,200.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Everi Price Performance

EVRI stock opened at $13.46 on Wednesday. The company has a market capitalization of $1.16 billion, a PE ratio of 89.74 and a beta of 2.07. The company has a quick ratio of 0.97, a current ratio of 1.06 and a debt-to-equity ratio of 3.84. The stock’s 50 day moving average is $13.34 and its two-hundred day moving average is $11.61. Everi Holdings Inc. has a 52-week low of $6.37 and a 52-week high of $13.50.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on shares of Everi in a report on Wednesday, December 4th. They set a “hold” rating for the company. Six research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $12.88.

Institutional Trading of Everi

Several institutional investors have recently added to or reduced their stakes in the stock. Stifel Financial Corp grew its holdings in Everi by 12.2% during the 3rd quarter. Stifel Financial Corp now owns 13,059 shares of the credit services provider’s stock worth $172,000 after acquiring an additional 1,423 shares in the last quarter. CWM LLC grew its stake in Everi by 117.5% in the second quarter. CWM LLC now owns 3,512 shares of the credit services provider’s stock worth $30,000 after purchasing an additional 1,897 shares in the last quarter. SummerHaven Investment Management LLC increased its holdings in Everi by 4.6% in the second quarter. SummerHaven Investment Management LLC now owns 53,078 shares of the credit services provider’s stock valued at $446,000 after buying an additional 2,347 shares during the last quarter. Franklin Resources Inc. raised its stake in Everi by 6.6% during the third quarter. Franklin Resources Inc. now owns 41,542 shares of the credit services provider’s stock valued at $550,000 after buying an additional 2,564 shares in the last quarter. Finally, Quarry LP lifted its holdings in Everi by 38.9% during the 2nd quarter. Quarry LP now owns 10,230 shares of the credit services provider’s stock worth $86,000 after buying an additional 2,864 shares during the last quarter. 95.47% of the stock is owned by institutional investors and hedge funds.

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.