Everi Holdings Inc. (NYSE:EVRI) Shares Sold by Swiss National Bank

Swiss National Bank decreased its stake in shares of Everi Holdings Inc. (NYSE:EVRI – Get Rating) by 0.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 217,000 shares of the credit services provider’s stock after selling 1,600 shares during the period. Swiss National Bank owned approximately 0.24% of Everi worth $3,114,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. BlackRock Inc. grew its stake in shares of Everi by 3.9% in the 3rd quarter. BlackRock Inc. now owns 6,105,613 shares of the credit services provider’s stock worth $99,034,000 after purchasing an additional 231,099 shares during the last quarter. Thrivent Financial for Lutherans grew its stake in shares of Everi by 5.6% in the 3rd quarter. Thrivent Financial for Lutherans now owns 5,472,345 shares of the credit services provider’s stock worth $88,762,000 after purchasing an additional 291,696 shares during the last quarter. Invesco Ltd. grew its stake in shares of Everi by 12.4% in the 1st quarter. Invesco Ltd. now owns 2,000,823 shares of the credit services provider’s stock worth $42,018,000 after purchasing an additional 220,937 shares during the last quarter. State Street Corp grew its stake in shares of Everi by 1.3% in the 2nd quarter. State Street Corp now owns 1,891,855 shares of the credit services provider’s stock worth $30,856,000 after purchasing an additional 23,637 shares during the last quarter. Finally, Vaughan Nelson Investment Management L.P. boosted its holdings in shares of Everi by 2.2% in the fourth quarter. Vaughan Nelson Investment Management L.P. now owns 1,877,905 shares of the credit services provider’s stock worth $26,948,000 after buying an additional 41,035 shares during the period. Institutional investors and hedge funds own 87.51% of the company’s stock.

Insider Buying and Selling

In other Everi news, Director Geoffrey P. Judge sold 6,000 shares of Everi stock in a transaction on Friday, March 3rd. The shares were sold at an average price of $18.58, for a total transaction of $111,480.00. Following the sale, the director now owns 61,572 shares in the company, valued at $1,144,007.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other Everi news, Director Geoffrey P. Judge sold 6,000 shares of Everi stock in a transaction on Friday, March 3rd. The shares were sold at an average price of $18.58, for a total transaction of $111,480.00. Following the sale, the director now owns 61,572 shares in the company, valued at $1,144,007.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP David Lucchese sold 38,398 shares of Everi stock in a transaction on Friday, March 3rd. The stock was sold at an average price of $18.61, for a total transaction of $714,586.78. Following the sale, the executive vice president now owns 167,287 shares in the company, valued at approximately $3,113,211.07. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 49,633 shares of company stock valued at $923,333. 5.70% of the stock is owned by company insiders.

Everi Trading Up 0.1 %

Shares of EVRI stock opened at $15.08 on Tuesday. Everi Holdings Inc. has a 1 year low of $13.52 and a 1 year high of $21.11. The firm’s fifty day simple moving average is $15.90 and its 200 day simple moving average is $16.39. The firm has a market capitalization of $1.34 billion, a P/E ratio of 12.46 and a beta of 2.33. The company has a current ratio of 1.25, a quick ratio of 1.11 and a debt-to-equity ratio of 3.80.

Everi (NYSE:EVRI – Get Rating) last announced its earnings results on Wednesday, May 10th. The credit services provider reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.25 by $0.14. Everi had a net margin of 14.17% and a return on equity of 55.02%. The business had revenue of $200.47 million for the quarter, compared to analyst estimates of $189.43 million. As a group, sell-side analysts predict that Everi Holdings Inc. will post 1.08 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts have commented on EVRI shares. StockNews.com cut shares of Everi from a “strong-buy” rating to a “buy” rating in a report on Monday. Raymond James decreased their target price on shares of Everi from $26.00 to $25.00 in a report on Thursday, May 11th. B. Riley decreased their target price on shares of Everi from $31.00 to $27.00 in a report on Thursday, May 11th. 58.com reiterated a “maintains” rating on shares of Everi in a report on Tuesday, May 2nd. Finally, Stifel Nicolaus decreased their price target on shares of Everi from $25.00 to $24.00 in a report on Tuesday, May 2nd. Four research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $26.20.

Everi Company Profile

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Everi Holdings, Inc engages in the provision of technology solutions to the casino, interactive, and gaming industry. It operates through the Games and Financial Technology Solutions (FinTech) segments. The Games segment focuses on leased gaming equipment, sales of gaming equipment, gaming systems, interactive solutions, and ancillary products and services.