Everi Holdings Inc (NYSE:EVRI) Director E Miles Kilburn sold 150,000 shares of the stock in a transaction that occurred on Wednesday, January 24th. The shares were sold at an average price of $8.00, for a total transaction of $1,200,000.00. Following the transaction, the director now directly owns 182,186 shares of the company’s stock, valued at $1,457,488. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Everi Holdings Inc (NYSE:EVRI) traded up $0.18 during trading on Thursday, hitting $8.28. 774,257 shares of the stock were exchanged, compared to its average volume of 610,229. Everi Holdings Inc has a 1 year low of $2.70 and a 1 year high of $8.99. The company has a market cap of $552.98, a P/E ratio of -2.24 and a beta of 0.99. The company has a quick ratio of 0.91, a current ratio of 0.98 and a debt-to-equity ratio of -9.13.

Everi (NYSE:EVRI) last released its earnings results on Monday, October 30th. The credit services provider reported ($0.06) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.12) by $0.06. The company had revenue of $247.32 million for the quarter, compared to the consensus estimate of $228.37 million. During the same period in the prior year, the company earned ($0.12) earnings per share. The firm’s revenue was up 11.3% on a year-over-year basis. research analysts expect that Everi Holdings Inc will post -0.5 earnings per share for the current fiscal year.

A number of research analysts have recently weighed in on the stock. Stifel Nicolaus reissued a “buy” rating and set a $11.00 target price on shares of Everi in a research report on Wednesday, November 1st. BidaskClub raised shares of Everi from a “hold” rating to a “buy” rating in a research report on Thursday, November 9th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $7.33.

Institutional investors have recently added to or reduced their stakes in the company. Schwab Charles Investment Management Inc. boosted its holdings in Everi by 125.8% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 380,700 shares of the credit services provider’s stock worth $2,772,000 after buying an additional 212,136 shares during the period. Rhumbline Advisers bought a new position in Everi in the 2nd quarter worth approximately $511,000. Bank of New York Mellon Corp boosted its holdings in Everi by 322.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 208,904 shares of the credit services provider’s stock worth $1,521,000 after buying an additional 159,426 shares during the period. Legal & General Group Plc bought a new position in Everi in the 2nd quarter worth approximately $121,000. Finally, JPMorgan Chase & Co. boosted its holdings in Everi by 684.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 262,400 shares of the credit services provider’s stock worth $1,910,000 after buying an additional 228,931 shares during the period. 84.01% of the stock is owned by hedge funds and other institutional investors.

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About Everi

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 (NYSE:EVRI)

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