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

Shares of Inspired Entertainment, Inc. (NASDAQ:INSE) have received an average rating of “Moderate Buy” from the eight brokerages that are presently covering the company, Marketbeat reports. Three research analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $14.00.

Several equities analysts have recently weighed in on INSE shares. Weiss Ratings reissued 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 target on shares of Inspired Entertainment in a research report on Monday, November 17th.

Inspired Entertainment Stock Down 0.2%

INSE opened at $8.38 on Thursday. The stock has a market cap of $225.67 million, a price-to-earnings ratio of 4.21 and a beta of 1.26. Inspired Entertainment has a 12-month low of $6.51 and a 12-month high of $11.61. The business has a 50 day moving average of $9.04 and a 200-day moving average of $8.74.

Insider Buying and Selling

In related news, Chairman A Lorne Weil purchased 50,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 26th. The stock was acquired at an average price of $8.11 per share, with a total value of $405,500.00. Following the completion of the purchase, the chairman directly owned 572,771 shares in the company, valued at $4,645,172.81. This trade represents a 9.56% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 13.10% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. LSV Asset Management acquired a new stake in Inspired Entertainment during the 4th quarter worth approximately $93,000. BNP Paribas Financial Markets boosted its stake in shares of Inspired Entertainment by 428.0% in the 2nd quarter. BNP Paribas Financial Markets now owns 13,437 shares of the company’s stock valued at $110,000 after purchasing an additional 10,892 shares during the last quarter. Jane Street Group LLC bought a new position in Inspired Entertainment during the first quarter worth $123,000. R Squared Ltd acquired a new stake in Inspired Entertainment during the 3rd quarter worth about $143,000. Finally, Price T Rowe Associates Inc. MD raised its position in shares of Inspired Entertainment by 28.5% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 16,085 shares of the company’s stock worth $151,000 after acquiring an additional 3,571 shares in the last quarter. 77.38% of the stock is currently owned by institutional investors and hedge funds.

Inspired Entertainment Company Profile

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.