Everi Holdings Inc. (NYSE:EVRI) Director Eileen F. Raney bought 9,000 shares of the stock in a transaction on Wednesday, November 15th. The shares were bought at an average price of $8.65 per share, for a total transaction of $77,850.00. Following the acquisition, the director now owns 59,000 shares in the company, valued at approximately $510,350. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Everi Holdings Inc. (EVRI) traded down $0.05 during trading hours on Friday, reaching $8.65. The company’s stock had a trading volume of 390,811 shares, compared to its average volume of 790,088. 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 Inc. has a 52-week low of $2.08 and a 52-week high of $8.99.

Everi Holdings (NYSE:EVRI) last announced its earnings results on Monday, October 30th. The credit services provider reported ($0.06) EPS for the quarter, beating analysts’ consensus estimates of ($0.12) by $0.06. The firm had revenue of $247.32 million for the quarter, compared to analysts’ expectations of $228.37 million. Everi Holdings had a negative return on equity of 16,159.62% and a negative net margin of 25.82%. Everi Holdings’s quarterly revenue was up 11.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.12) EPS. equities research analysts forecast that Everi Holdings Inc. will post -0.5 earnings per share for the current year.

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Institutional investors have recently modified their holdings of the business. 1st Global Advisors Inc. purchased a new position in shares of Everi Holdings during the 2nd quarter worth $101,000. Alliancebernstein L.P. purchased a new position in shares of Everi Holdings during the 2nd quarter worth $108,000. Crescent Grove Advisors LLC purchased a new position in shares of Everi Holdings during the 2nd quarter worth $109,000. Bank of America Corp DE lifted its stake in shares of Everi Holdings by 7,800.0% during the 1st quarter. Bank of America Corp DE now owns 23,463 shares of the credit services provider’s stock worth $112,000 after purchasing an additional 23,166 shares during the period. Finally, Legal & General Group Plc purchased a new position in shares of Everi Holdings during the 2nd quarter worth $121,000. 85.45% of the stock is currently owned by institutional investors.

A number of brokerages have commented on EVRI. BidaskClub upgraded Everi Holdings from a “hold” rating to a “buy” rating in a report on Saturday, September 30th. Zacks Investment Research upgraded Everi Holdings from a “sell” rating to a “hold” rating in a report on Friday, August 18th. Finally, Stifel Nicolaus reiterated a “buy” rating and set a $11.00 target price on shares of Everi Holdings in a report on Wednesday, November 1st. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Everi Holdings presently has an average rating of “Buy” and a consensus price target of $7.33.

Everi Holdings Company Profile

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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