Everi Holdings Inc. (NYSE:EVRI) insider Michael D. Rumbolz sold 15,000 shares of the stock in a transaction on Thursday, September 14th. The shares were sold at an average price of $6.90, for a total value of $103,500.00. Following the sale, the insider now directly owns 121,742 shares in the company, valued at approximately $840,019.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of Everi Holdings Inc. (NYSE EVRI) traded down 3.46% during mid-day trading on Thursday, reaching $6.97. The company’s stock had a trading volume of 935,334 shares. The firm’s 50 day moving average is $7.56 and its 200-day moving average is $6.41. The company’s market capitalization is $465.49 million. Everi Holdings Inc. has a 52-week low of $1.21 and a 52-week high of $8.99.

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A number of analysts recently commented on EVRI shares. Stifel Nicolaus reaffirmed a “buy” rating and set a $9.00 price objective (up previously from $7.50) on shares of Everi Holdings in a research note on Monday, June 12th. ValuEngine raised Everi Holdings from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. BidaskClub lowered Everi Holdings from a “buy” rating to a “hold” rating in a research note on Wednesday, August 2nd. Finally, Zacks Investment Research lowered Everi Holdings from a “hold” rating to a “sell” rating in a research note on Friday, August 11th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $6.94.

Large investors have recently bought and sold shares of the stock. 1st Global Advisors Inc. acquired a new position in Everi Holdings during the second quarter valued at $101,000. Alliancebernstein L.P. acquired a new position in Everi Holdings during the second quarter valued at $108,000. Crescent Grove Advisors LLC acquired a new position in Everi Holdings during the second quarter valued at $109,000. Legal & General Group Plc acquired a new position in Everi Holdings during the second quarter valued at $121,000. Finally, Wayne Hummer Investments L.L.C. acquired a new position in Everi Holdings during the second quarter valued at $124,000. 85.46% of the stock is currently owned by hedge funds and other institutional investors.

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.

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