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 Everi stock in a transaction 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 sale, the director now directly owns 84,240 shares in the company, valued at approximately $1,156,615.20. This trade represents a 8.01 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Everi Stock Up 0.0 %

Shares of EVRI opened at $13.59 on Friday. Everi Holdings Inc. has a 52-week low of $6.37 and a 52-week high of $13.83. 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 has a fifty day simple moving average of $13.66 and a two-hundred day simple moving average of $13.42. The company has a market capitalization of $1.17 billion, a PE ratio of 90.57 and a beta of 2.05.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on shares of Everi in a research report on Monday. They set a “hold” rating on the stock. Five research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $12.83.

Institutional Trading of Everi

Hedge funds have recently made changes to their positions in the company. Arizona State Retirement System lifted its holdings in Everi by 3.2% in the fourth quarter. Arizona State Retirement System now owns 24,974 shares of the credit services provider’s stock valued at $337,000 after acquiring an additional 765 shares during the last quarter. Western Standard LLC increased its stake in Everi by 0.8% during the fourth quarter. Western Standard LLC now owns 144,650 shares of the credit services provider’s stock worth $1,954,000 after acquiring an additional 1,200 shares during the last quarter. Stifel Financial Corp raised its position in Everi by 12.2% in the third quarter. Stifel Financial Corp now owns 13,059 shares of the credit services provider’s stock valued at $172,000 after purchasing an additional 1,423 shares during the period. Vestcor Inc acquired a new position in shares of Everi in the 4th quarter valued at $28,000. Finally, MetLife Investment Management LLC grew its holdings in shares of Everi by 5.4% during the 4th quarter. MetLife Investment Management LLC now owns 47,140 shares of the credit services provider’s stock worth $637,000 after purchasing an additional 2,409 shares during the period. Hedge funds and other institutional investors own 95.47% of the company’s stock.

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.