Everi Holdings Inc. (EVRI) Director Sells $486,000.00 in Stock
Everi Holdings Inc. (NYSE:EVRI) Director Geoffrey P. Judge sold 60,000 shares of the company’s stock in a transaction on Monday, October 9th. The shares were sold at an average price of $8.10, for a total transaction of $486,000.00. The sale was disclosed in a filing with the SEC, which is available at the SEC website.
Shares of Everi Holdings Inc. (NYSE EVRI) traded down 2.68% on Tuesday, hitting $8.36. 933,689 shares of the stock traded hands. Everi Holdings Inc. has a 52 week low of $1.21 and a 52 week high of $8.99. The stock has a 50 day moving average price of $7.56 and a 200-day moving average price of $6.94. The stock’s market cap is $558.32 million.
ILLEGAL ACTIVITY WARNING: “Everi Holdings Inc. (EVRI) Director Sells $486,000.00 in Stock” was originally reported by American Banking News and is the sole property of of American Banking News. If you are viewing this piece on another site, it was copied illegally and reposted in violation of US & international trademark and copyright legislation. The legal version of this piece can be read at https://www.americanbankingnews.com/2017/10/10/everi-holdings-inc-evri-director-sells-486000-00-in-stock.html.
A number of institutional investors have recently bought and sold shares of EVRI. USA Financial Portformulas Corp bought a new position in shares of Everi Holdings in the 2nd quarter worth $426,000. Dynamic Technology Lab Private Ltd boosted its stake in shares of Everi Holdings by 755.4% in the 2nd quarter. Dynamic Technology Lab Private Ltd now owns 87,671 shares of the credit services provider’s stock valued at $638,000 after purchasing an additional 77,422 shares in the last quarter. 1st Global Advisors Inc. purchased a new stake in shares of Everi Holdings in the 2nd quarter valued at $101,000. Castleark Management LLC purchased a new stake in shares of Everi Holdings in the 2nd quarter valued at $7,172,000. Finally, California State Teachers Retirement System purchased a new stake in shares of Everi Holdings in the 2nd quarter valued at $821,000. 85.43% of the stock is currently owned by institutional investors and hedge funds.
A number of analysts recently commented on EVRI shares. Stifel Nicolaus restated a “buy” rating and issued a $9.00 price objective (up previously from $7.50) on shares of Everi Holdings in a research report on Monday, June 12th. BidaskClub lowered shares of Everi Holdings from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, July 25th. Finally, Zacks Investment Research downgraded shares of Everi Holdings from a “hold” rating to a “sell” rating in a research note on Friday, August 11th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Everi Holdings presently has a consensus rating of “Buy” and an average target price of $7.00.
About Everi Holdings
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.
Receive News & Ratings for Everi Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Everi Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.