Eisler Capital Management Ltd. Purchases New Holdings in Everi Holdings Inc. (NYSE:EVRI)

Eisler Capital Management Ltd. purchased a new position in Everi Holdings Inc. (NYSE:EVRI - Free Report) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 437,409 shares of the credit services provider's stock, valued at approximately $5,912,000. Eisler Capital Management Ltd. owned 0.51% of Everi at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of EVRI. Vestcor Inc acquired a new position in shares of Everi in the 4th quarter valued at $28,000. AlphaQuest LLC lifted its stake in shares of Everi by 97.8% in the 4th quarter. AlphaQuest LLC now owns 9,449 shares of the credit services provider's stock valued at $128,000 after purchasing an additional 4,671 shares during the period. EP Wealth Advisors LLC acquired a new position in shares of Everi during the 4th quarter worth approximately $143,000. Proficio Capital Partners LLC acquired a new position in shares of Everi during the 4th quarter worth approximately $151,000. Finally, FNY Investment Advisers LLC acquired a new position in shares of Everi during the 4th quarter worth approximately $175,000. Institutional investors and hedge funds own 95.47% of the company's stock.

Analyst Ratings Changes

Separately, StockNews.com raised Everi from a "hold" rating to a "buy" rating in a report on Thursday, April 3rd. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $12.83.

Insider Activity

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

Everi Trading Up 0.2%

Shares of NYSE EVRI traded up $0.03 during trading on Friday, reaching $14.06. The stock had a trading volume of 1,047,044 shares, compared to its average volume of 1,321,478. Everi Holdings Inc. has a fifty-two week low of $6.37 and a fifty-two week high of $14.06. The company has a debt-to-equity ratio of 3.84, a quick ratio of 0.97 and a current ratio of 1.06. The business's 50-day moving average price is $13.72 and its 200-day moving average price is $13.60. The company has a market cap of $1.22 billion, a P/E ratio of 93.74 and a beta of 1.31.

Everi 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.