David Lucchese Sells 45,476 Shares of Everi Holdings Inc. (NYSE:EVRI) Stock

Everi Holdings Inc. (NYSE:EVRI) EVP David Lucchese sold 45,476 shares of the firm’s stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $13.48, for a total transaction of $613,016.48. Following the completion of the sale, the executive vice president now owns 542,928 shares in the company, valued at approximately $7,318,669.44. The trade was a 7.73 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Everi Stock Down 0.1 %

NYSE:EVRI opened at $13.46 on Wednesday. The firm’s 50 day simple moving average is $13.34 and its 200 day simple moving average is $11.61. The company has a debt-to-equity ratio of 3.84, a current ratio of 1.06 and a quick ratio of 0.97. Everi Holdings Inc. has a one year low of $6.37 and a one year high of $13.50. The company has a market cap of $1.16 billion, a PE ratio of 89.74 and a beta of 2.07.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on shares of Everi in a research report on Wednesday, December 4th. They set a “hold” rating on the stock. Six equities research analysts have rated the stock with a hold rating, According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $12.88.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of EVRI. Glazer Capital LLC acquired a new position in shares of Everi in the 3rd quarter worth approximately $33,507,000. Alpine Associates Management Inc. acquired a new position in shares of Everi in the 3rd quarter worth approximately $24,815,000. Clearbridge Investments LLC lifted its position in shares of Everi by 85.3% in the 2nd quarter. Clearbridge Investments LLC now owns 2,785,753 shares of the credit services provider’s stock worth $23,400,000 after purchasing an additional 1,282,682 shares during the period. Westchester Capital Management LLC acquired a new position in shares of Everi in the 3rd quarter worth approximately $16,662,000. Finally, Sand Grove Capital Management LLP acquired a new position in shares of Everi in the 3rd quarter worth approximately $15,806,000. Institutional investors and hedge funds own 95.47% of the company’s stock.

Everi Company Profile

Everi Holdings Inc develops and supplies entertaining game content, gaming machines, and gaming systems and services for land-based and iGaming operators in the United States, Canada, and internationally. It operates in Games and Financial Technology Solutions segments. The company offers classic mechanical reel games and video reel games, as well as TournEvent of Champions, a national slot tournament; and sells gaming equipment and player terminals, licenses, game content, and ancillary equipment, such as signage and lighting packages.