BNP Paribas Financial Markets Has $355,000 Stock Position in Everi Holdings Inc. (NYSE:EVRI)

BNP Paribas Financial Markets lowered its stake in Everi Holdings Inc. (NYSE:EVRI) by 82.1% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 27,032 shares of the credit services provider’s stock after selling 123,833 shares during the period. BNP Paribas Financial Markets’ holdings in Everi were worth $355,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of EVRI. Signaturefd LLC grew its position in shares of Everi by 2,428.6% during the 2nd quarter. Signaturefd LLC now owns 3,186 shares of the credit services provider’s stock worth $27,000 after purchasing an additional 3,060 shares in the last quarter. CWM LLC raised its stake in shares of Everi by 117.5% during the second quarter. CWM LLC now owns 3,512 shares of the credit services provider’s stock valued at $30,000 after acquiring an additional 1,897 shares during the last quarter. Huntington National Bank raised its stake in shares of Everi by 1,296.2% during the third quarter. Huntington National Bank now owns 5,892 shares of the credit services provider’s stock valued at $77,000 after acquiring an additional 5,470 shares during the last quarter. Quarry LP raised its stake in shares of Everi by 38.9% during the second quarter. Quarry LP now owns 10,230 shares of the credit services provider’s stock valued at $86,000 after acquiring an additional 2,864 shares during the last quarter. Finally, Magnetar Financial LLC bought a new position in shares of Everi during the second quarter valued at $104,000. Institutional investors and hedge funds own 95.47% of the company’s stock.

Everi Stock Performance

NYSE:EVRI opened at $13.46 on Friday. The company has a current ratio of 1.06, a quick ratio of 0.97 and a debt-to-equity ratio of 3.84. The stock has a market capitalization of $1.16 billion, a price-to-earnings ratio of 89.74 and a beta of 2.07. The firm has a fifty day simple moving average of $13.36 and a two-hundred day simple moving average of $11.72. Everi Holdings Inc. has a 12 month low of $6.37 and a 12 month high of $13.50.

Insiders Place Their Bets

In other Everi news, Director Geoffrey P. Judge sold 4,000 shares of the firm’s stock in a transaction on Friday, December 6th. The shares were sold at an average price of $13.50, for a total value of $54,000.00. Following the transaction, the director now directly owns 91,572 shares of the company’s stock, valued at approximately $1,236,222. This trade represents a 4.19 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Chairman Michael D. Rumbolz sold 50,000 shares of the firm’s stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $13.47, for a total transaction of $673,500.00. Following the transaction, the chairman now directly owns 1,032,062 shares in the company, valued at $13,901,875.14. The trade was a 4.62 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 255,476 shares of company stock worth $3,435,636. 6.40% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Separately, StockNews.com started coverage on shares of Everi in a research report on Thursday. They set a “hold” rating for the company. Six research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $12.88.

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.