Everi Holdings Inc. (NYSE:EVRI) Shares Bought by Natixis Advisors L.P.

Natixis Advisors L.P. grew its position in shares of Everi Holdings Inc. (NYSE:EVRI) by 22.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 338,339 shares of the credit services provider’s stock after acquiring an additional 61,755 shares during the quarter. Natixis Advisors L.P. owned about 0.38% of Everi worth $5,803,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in EVRI. Global Retirement Partners LLC boosted its position in shares of Everi by 1,241.7% in the first quarter. Global Retirement Partners LLC now owns 1,771 shares of the credit services provider’s stock worth $27,000 after buying an additional 1,639 shares during the period. Federated Hermes Inc. boosted its position in shares of Everi by 42.9% in the third quarter. Federated Hermes Inc. now owns 2,350 shares of the credit services provider’s stock worth $38,000 after buying an additional 706 shares during the period. Point72 Middle East FZE purchased a new stake in shares of Everi in the fourth quarter worth about $60,000. Lazard Asset Management LLC boosted its position in shares of Everi by 7,296.6% in the first quarter. Lazard Asset Management LLC now owns 4,364 shares of the credit services provider’s stock worth $91,000 after buying an additional 4,305 shares during the period. Finally, Tower Research Capital LLC TRC boosted its position in shares of Everi by 127.7% in the third quarter. Tower Research Capital LLC TRC now owns 8,226 shares of the credit services provider’s stock worth $134,000 after buying an additional 4,613 shares during the period. 87.83% of the stock is currently owned by institutional investors and hedge funds.

Everi Trading Up 0.9 %

NYSE:EVRI opened at $14.36 on Thursday. The company has a quick ratio of 0.97, a current ratio of 1.13 and a debt-to-equity ratio of 4.01. The business’s 50 day moving average is $14.27 and its two-hundred day moving average is $15.57. Everi Holdings Inc. has a 52 week low of $12.58 and a 52 week high of $19.85. The company has a market cap of $1.26 billion, a PE ratio of 12.27 and a beta of 2.29.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on EVRI shares. B. Riley decreased their target price on Everi from $27.00 to $24.00 and set a “buy” rating for the company in a research report on Thursday, August 10th. Raymond James reduced their price target on Everi from $25.00 to $20.00 and set a “strong-buy” rating for the company in a report on Thursday, August 10th. Truist Financial reduced their price target on Everi from $25.00 to $20.00 and set a “buy” rating for the company in a report on Thursday, August 10th. Finally, StockNews.com initiated coverage on Everi in a report on Thursday, August 17th. They issued a “buy” rating for the company. Four equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $22.60.

Insiders Place Their Bets

In other Everi news, Director Geoffrey P. Judge sold 10,000 shares of the stock in a transaction that occurred on Monday, June 12th. The stock was sold at an average price of $15.74, for a total transaction of $157,400.00. Following the transaction, the director now owns 61,572 shares of the company’s stock, valued at approximately $969,143.28. The transaction was disclosed in a document filed with the SEC, which is available at this link. In related news, CEO Randy L. Taylor purchased 5,000 shares of the company’s stock in a transaction dated Tuesday, August 29th. The shares were acquired at an average cost of $14.27 per share, for a total transaction of $71,350.00. Following the transaction, the chief executive officer now owns 522,622 shares of the company’s stock, valued at $7,457,815.94. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Geoffrey P. Judge sold 10,000 shares of the stock in a transaction that occurred on Monday, June 12th. The stock was sold at an average price of $15.74, for a total value of $157,400.00. Following the sale, the director now owns 61,572 shares in the company, valued at $969,143.28. The disclosure for this sale can be found here. 5.70% of the stock is currently owned by company insiders.

About Everi

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, Australia, the United Kingdom, Europe, the Caribbean, Central America, and Asia. It operates in two segments, Games and Financial Technology Solutions.