Geode Capital Management LLC Has $4.84 Million Holdings in Inspired Entertainment, Inc. (NASDAQ:INSE)

Geode Capital Management LLC lifted its position in shares of Inspired Entertainment, Inc. (NASDAQ:INSE) by 0.8% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 521,451 shares of the company’s stock after purchasing an additional 4,233 shares during the quarter. Geode Capital Management LLC owned 1.96% of Inspired Entertainment worth $4,835,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Foundry Partners LLC raised its holdings in Inspired Entertainment by 12.8% during the third quarter. Foundry Partners LLC now owns 529,380 shares of the company’s stock worth $4,907,000 after buying an additional 59,915 shares during the last quarter. Private Management Group Inc. raised its holdings in shares of Inspired Entertainment by 35.5% in the 3rd quarter. Private Management Group Inc. now owns 1,633,593 shares of the company’s stock worth $15,143,000 after acquiring an additional 428,312 shares during the last quarter. State Street Corp lifted its position in Inspired Entertainment by 0.7% in the 3rd quarter. State Street Corp now owns 405,625 shares of the company’s stock valued at $3,760,000 after acquiring an additional 2,675 shares in the last quarter. BNP Paribas Financial Markets boosted its stake in Inspired Entertainment by 232.2% during the 3rd quarter. BNP Paribas Financial Markets now owns 28,317 shares of the company’s stock valued at $262,000 after purchasing an additional 19,794 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in Inspired Entertainment by 15.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 65,768 shares of the company’s stock worth $602,000 after purchasing an additional 8,753 shares in the last quarter. 77.38% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Separately, Craig Hallum upgraded Inspired Entertainment to a “strong-buy” rating in a report on Thursday, October 17th.

Inspired Entertainment Stock Performance

Inspired Entertainment stock opened at $8.87 on Friday. Inspired Entertainment, Inc. has a fifty-two week low of $7.51 and a fifty-two week high of $11.00. The firm’s 50-day simple moving average is $9.50 and its 200 day simple moving average is $9.16. The stock has a market cap of $235.75 million, a PE ratio of -886.11 and a beta of 1.40.

Inspired Entertainment Profile

Inspired Entertainment, Inc, a gaming technology company, engages in the supply of content, platform, and other products and services to regulated lottery, betting, and gaming operators worldwide. It operates in four segments: Gaming, Virtual Sports, Interactive, and Leisure. The Gaming segment supplies gaming terminals and software to betting offices, casinos, gaming halls, and high street adult gaming centers; a portfolio of games through its digital terminals under the Centurion and Super Hot Fruits names; and traditional casino games, such as roulette, blackjack, and number games.