Everi Holdings Inc. (NYSE:EVRI) Shares Purchased by Barclays PLC

Barclays PLC boosted its holdings in shares of Everi Holdings Inc. (NYSE:EVRI - Free Report) by 42.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 253,289 shares of the credit services provider's stock after purchasing an additional 75,092 shares during the period. Barclays PLC owned approximately 0.29% of Everi worth $3,422,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of EVRI. Stifel Financial Corp grew its holdings in shares of Everi by 12.2% during the third 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 3rd quarter valued at approximately $878,000. Franklin Resources Inc. increased its holdings 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 valued at $550,000 after purchasing an additional 2,564 shares during the period. Nordea Investment Management AB raised its stake 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 during the last quarter. Finally, FNY Investment Advisers LLC acquired a new stake in shares of Everi during the fourth quarter worth $175,000. 95.47% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Insiders Place Their Bets

In other news, Director Geoffrey P. Judge sold 7,332 shares of the business's stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $13.73, for a total transaction of $100,668.36. Following the sale, the director now owns 84,240 shares of the company's stock, valued at $1,156,615.20. The trade was a 8.01 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, 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 value of $412,500.00. Following the completion of the transaction, the chief accounting officer now directly owns 57,413 shares of the company's stock, valued at $789,428.75. The trade was 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 Price Performance

Shares of Everi stock traded up $0.01 during trading on Friday, reaching $14.05. The company's stock had a trading volume of 647,419 shares, compared to its average volume of 1,317,814. The business has a 50 day moving average price of $13.68 and a 200-day moving average price of $13.56. Everi Holdings Inc. has a 12-month low of $6.37 and a 12-month high of $14.06. The company has a market capitalization of $1.22 billion, a P/E ratio of 93.64 and a beta of 1.57. The company has a quick ratio of 0.97, a current ratio of 1.06 and a debt-to-equity ratio of 3.84.

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.