Inspired Entertainment, Inc. (NASDAQ:INSE) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Inspired Entertainment, Inc. (NASDAQ:INSE) have earned a consensus rating of “Moderate Buy” from the eight brokerages that are covering the firm, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $14.00.

INSE has been the topic of a number of recent analyst reports. Weiss Ratings reiterated a “hold (c-)” rating on shares of Inspired Entertainment in a research report on Monday, December 29th. BWS Financial reaffirmed a “buy” rating and set a $20.00 price objective on shares of Inspired Entertainment in a research note on Monday, November 17th.

Insiders Place Their Bets

In other news, Chairman A Lorne Weil purchased 50,000 shares of the stock in a transaction dated Wednesday, November 26th. The shares were purchased at an average price of $8.11 per share, with a total value of $405,500.00. Following the transaction, the chairman owned 572,771 shares in the company, valued at $4,645,172.81. The trade was a 9.56% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Brooks H. Pierce acquired 10,000 shares of the business’s stock in a transaction that occurred on Thursday, November 20th. The shares were purchased at an average price of $7.04 per share, with a total value of $70,400.00. Following the completion of the transaction, the chief executive officer owned 12,000 shares of the company’s stock, valued at $84,480. The trade was a 500.00% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders own 13.10% of the company’s stock.

Institutional Trading of Inspired Entertainment

Institutional investors have recently made changes to their positions in the company. Samjo Management LLC boosted its position in shares of Inspired Entertainment by 5.7% during the second quarter. Samjo Management LLC now owns 2,077,510 shares of the company’s stock worth $16,973,000 after buying an additional 111,900 shares during the period. Brown Advisory Inc. boosted its position in Inspired Entertainment by 12.5% in the 2nd quarter. Brown Advisory Inc. now owns 529,771 shares of the company’s stock valued at $4,328,000 after buying an additional 58,973 shares during the period. Los Angeles Capital Management LLC grew its stake in Inspired Entertainment by 170.7% during the 2nd quarter. Los Angeles Capital Management LLC now owns 62,183 shares of the company’s stock worth $508,000 after purchasing an additional 39,215 shares in the last quarter. CSM Advisors LLC acquired a new stake in Inspired Entertainment in the second quarter valued at approximately $5,476,000. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Inspired Entertainment in the 2nd quarter valued at $164,000. Hedge funds and other institutional investors own 77.38% of the company’s stock.

Inspired Entertainment Price Performance

Shares of Inspired Entertainment stock opened at $9.09 on Friday. Inspired Entertainment has a 1 year low of $6.51 and a 1 year high of $11.61. The stock has a market cap of $244.79 million, a PE ratio of 4.57 and a beta of 1.27. The firm has a fifty day moving average price of $8.87 and a 200 day moving average price of $8.80.

Inspired Entertainment (NASDAQ:INSE) last released its quarterly earnings data on Thursday, November 6th. The company reported $0.28 earnings per share for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.02). The firm had revenue of $86.20 million during the quarter, compared to analysts’ expectations of $83.47 million. Inspired Entertainment had a net margin of 18.78% and a negative return on equity of 1,176.67%. As a group, equities analysts expect that Inspired Entertainment will post 0.3 EPS for the current year.

About Inspired Entertainment

Inspired Entertainment, Inc (NASDAQ: INSE) is a business-to-business provider of digital gaming content and technology solutions for the global gaming industry. The company’s offerings include server-based gaming modules, virtual sports simulations, digital interactive content and mobile sports betting platforms. Inspired designs proprietary games and software that integrate with lotteries, casino operators, retail betting shops and online platforms, emphasizing reliable performance, rapid deployment and engaging player experiences.

At the core of Inspired’s product suite is its Virtual Sports catalog, which simulates sporting events using advanced algorithms and randomized outcomes.