Geoffrey P. Judge Sells 7,332 Shares of Everi Holdings Inc. (NYSE:EVRI) Stock

Everi Holdings Inc. (NYSE:EVRI) Director Geoffrey P. Judge sold 7,332 shares of the firm’s stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $13.73, for a total transaction of $100,668.36. Following the transaction, the director now directly owns 84,240 shares of the company’s stock, valued at $1,156,615.20. This represents a 8.01 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Everi Stock Down 0.8 %

EVRI stock traded down $0.11 during mid-day trading on Wednesday, reaching $13.58. The company had a trading volume of 4,316,394 shares, compared to its average volume of 665,819. The company has a market capitalization of $1.17 billion, a price-to-earnings ratio of 90.51 and a beta of 2.05. Everi Holdings Inc. has a 52 week low of $6.37 and a 52 week high of $13.83. The stock has a 50 day simple moving average of $13.66 and a two-hundred day simple moving average of $13.42. The company has a debt-to-equity ratio of 3.84, a current ratio of 1.06 and a quick ratio of 0.97.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on shares of Everi in a report on Monday. They set a “hold” rating for the company. Five analysts have rated the stock with a hold rating, According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $12.83.

Hedge Funds Weigh In On Everi

Hedge funds and other institutional investors have recently made changes to their positions in the company. Vestcor Inc acquired a new stake in Everi in the fourth quarter valued at $28,000. Huntington National Bank raised its holdings in shares of Everi by 1,296.2% in the 3rd quarter. Huntington National Bank now owns 5,892 shares of the credit services provider’s stock valued at $77,000 after purchasing an additional 5,470 shares during the period. AlphaQuest LLC raised its holdings in shares of Everi by 97.8% in the 4th quarter. AlphaQuest LLC now owns 9,449 shares of the credit services provider’s stock valued at $128,000 after purchasing an additional 4,671 shares during the period. EP Wealth Advisors LLC acquired a new stake in Everi in the 4th quarter valued at about $143,000. Finally, Proficio Capital Partners LLC bought a new position in Everi during the fourth quarter worth about $151,000. 95.47% of the stock is owned by institutional investors.

Everi Company Profile

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.