One68 Global Capital LLC Buys Shares of 142,231 Everi Holdings Inc. (NYSE:EVRI)

One68 Global Capital LLC bought a new position in shares of Everi Holdings Inc. (NYSE:EVRI - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor bought 142,231 shares of the credit services provider's stock, valued at approximately $1,922,000. Everi accounts for approximately 1.0% of One68 Global Capital LLC's holdings, making the stock its 21st biggest position. One68 Global Capital LLC owned approximately 0.16% of Everi as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Stifel Financial Corp boosted its holdings in Everi by 12.2% in the 3rd quarter. Stifel Financial Corp now owns 13,059 shares of the credit services provider's stock worth $172,000 after buying an additional 1,423 shares during the last quarter. Virtu Financial LLC purchased a new position in shares of Everi in the third quarter valued at approximately $878,000. Franklin Resources Inc. boosted its stake in shares of Everi by 6.6% in the third quarter. Franklin Resources Inc. now owns 41,542 shares of the credit services provider's stock worth $550,000 after acquiring an additional 2,564 shares during the last quarter. Nordea Investment Management AB increased its position in shares of Everi by 1.2% during the fourth quarter. Nordea Investment Management AB now owns 295,960 shares of the credit services provider's stock worth $3,995,000 after purchasing an additional 3,573 shares in the last quarter. Finally, FNY Investment Advisers LLC acquired a new position in Everi in the 4th quarter valued at $175,000. Hedge funds and other institutional investors own 95.47% of the company's stock.

Insider Transactions at Everi

In other Everi news, Director Geoffrey P. Judge sold 7,332 shares of Everi stock in a transaction on Monday, March 10th. The stock was sold at an average price of $13.73, for a total value of $100,668.36. Following the sale, the director now owns 84,240 shares in the company, valued at $1,156,615.20. The trade was a 8.01 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Todd A. Valli sold 30,000 shares of the stock in a transaction on Monday, April 21st. The stock was sold at an average price of $13.75, for a total value of $412,500.00. Following the transaction, the chief accounting officer now owns 57,413 shares of the company's stock, valued at approximately $789,428.75. This represents a 34.32 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 6.40% of the company's stock.

Everi Trading Down 0.0 %

Everi stock traded down $0.01 during trading on Friday, reaching $14.04. 1,010,135 shares of the company were exchanged, compared to its average volume of 1,320,280. The stock's 50 day simple moving average is $13.69 and its two-hundred day simple moving average is $13.57. The company has a market capitalization of $1.21 billion, a P/E ratio of 93.57 and a beta of 1.31. 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 52-week low of $6.37 and a 52-week high of $14.06.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Everi from a "hold" rating to a "buy" rating in a report on Thursday, April 3rd. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat, Everi presently has a consensus rating of "Hold" and a consensus price target of $12.83.

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, 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.