Everi Holdings Inc (NYSE:EVRI) Director Geoffrey P. Judge Sells 5,000 Shares

Everi Holdings Inc (NYSE:EVRI) Director Geoffrey P. Judge sold 5,000 shares of the stock in a transaction on Monday, September 14th. The stock was sold at an average price of $8.00, for a total transaction of $40,000.00. Following the completion of the transaction, the director now directly owns 99,672 shares in the company, valued at approximately $797,376. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Shares of EVRI stock traded down $0.12 on Wednesday, hitting $8.39. 10,274 shares of the company’s stock traded hands, compared to its average volume of 2,822,101. The stock has a market capitalization of $727.19 million, a price-to-earnings ratio of -9.56 and a beta of 2.97. The company has a debt-to-equity ratio of 23.49, a quick ratio of 1.24 and a current ratio of 1.35. The company’s fifty day simple moving average is $7.17 and its 200 day simple moving average is $5.85. Everi Holdings Inc has a one year low of $1.55 and a one year high of $14.88.

Everi (NYSE:EVRI) last announced its quarterly earnings results on Tuesday, August 4th. The credit services provider reported ($0.80) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.57) by ($0.23). The firm had revenue of $38.72 million for the quarter, compared to analysts’ expectations of $22.04 million. Everi had a negative net margin of 17.78% and a negative return on equity of 3,484.76%. As a group, sell-side analysts anticipate that Everi Holdings Inc will post -1.18 earnings per share for the current fiscal year.

A number of equities analysts have recently commented on the stock. Stifel Nicolaus increased their price target on shares of Everi from $6.00 to $9.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. SunTrust Banks increased their price target on shares of Everi from $6.00 to $8.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. ValuEngine raised shares of Everi from a “hold” rating to a “buy” rating in a report on Tuesday, May 26th. Zacks Investment Research lowered shares of Everi from a “hold” rating to a “sell” rating in a report on Wednesday, July 15th. Finally, BTIG Research started coverage on shares of Everi in a report on Wednesday, September 9th. They set a “buy” rating and a $12.00 target price on the stock. One analyst has rated the stock with a sell rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $11.63.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. American International Group Inc. boosted its position in Everi by 4.5% during the 2nd quarter. American International Group Inc. now owns 49,697 shares of the credit services provider’s stock valued at $256,000 after buying an additional 2,144 shares during the period. Swiss National Bank boosted its position in Everi by 1.4% during the 1st quarter. Swiss National Bank now owns 159,600 shares of the credit services provider’s stock valued at $527,000 after buying an additional 2,200 shares during the period. FMR LLC purchased a new stake in Everi during the 1st quarter valued at $29,000. Bank of Montreal Can boosted its position in Everi by 97.7% during the 2nd quarter. Bank of Montreal Can now owns 6,495 shares of the credit services provider’s stock valued at $30,000 after buying an additional 3,209 shares during the period. Finally, Koshinski Asset Management Inc. boosted its position in Everi by 25.1% during the 2nd quarter. Koshinski Asset Management Inc. now owns 18,710 shares of the credit services provider’s stock valued at $97,000 after buying an additional 3,751 shares during the period. 87.99% of the stock is owned by institutional investors and hedge funds.

Everi Company Profile

Everi Holdings Inc provides technology solutions for the casino gaming industry in the United States, Europe, Canada, the Caribbean, Central America, and Asia. The company operates in two segments, Games and FinTech. It offers gaming products, such as classic mechanical reel games, video reel games, core HDX, Empire MPX and the Texan HDX, wide area progressive games, and slot tournament systems; and sells player terminals, licenses, back office systems, and other related equipment.

Recommended Story: Put Option Volume

Insider Buying and Selling by Quarter for Everi (NYSE:EVRI)

Receive News & Ratings for Everi Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Everi and related companies with MarketBeat.com's FREE daily email newsletter.