Teton Advisors LLC Acquires New Shares in Inspired Entertainment, Inc. $INSE

Key Points

• Teton Advisors LLC acquired 202,900 shares of Inspired Entertainment (NASDAQ:INSE) in Q3 worth about $1.903 million, making the holding 1.2% of Teton’s portfolio and leaving Teton with roughly 0.75% ownership of the company.
• Shares opened at $7.95 with a market cap of about $214 million and a low P/E of 3.99; analysts have a consensus Moderate Buy rating and an average price target of $14.
• Institutional ownership is high at 77.38%, and several funds (e.g., Kanen Wealth, CSM Advisors) recently increased or initiated stakes, signaling notable institutional interest.

Teton Advisors LLC acquired a new position in Inspired Entertainment, Inc. (NASDAQ:INSE - Free Report) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 202,900 shares of the company's stock, valued at approximately $1,903,000. Inspired Entertainment accounts for 1.2% of Teton Advisors LLC's portfolio, making the stock its 25th largest holding. Teton Advisors LLC owned approximately 0.75% of Inspired Entertainment at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in INSE. Kanen Wealth Management LLC lifted its stake in shares of Inspired Entertainment by 50.9% in the 1st quarter. Kanen Wealth Management LLC now owns 2,006,017 shares of the company's stock valued at $18,929,000 after purchasing an additional 676,988 shares during the last quarter. Jane Street Group LLC acquired a new stake in shares of Inspired Entertainment during the 1st quarter worth about $123,000. Los Angeles Capital Management LLC increased its position in shares of Inspired Entertainment by 170.7% during the 2nd quarter. Los Angeles Capital Management LLC now owns 62,183 shares of the company's stock worth $508,000 after purchasing an additional 39,215 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Inspired Entertainment in the 2nd quarter valued at about $164,000. Finally, CSM Advisors LLC purchased a new stake in Inspired Entertainment in the 2nd quarter valued at about $5,476,000. Hedge funds and other institutional investors own 77.38% of the company's stock.

Inspired Entertainment Trading Down 1.4%

Shares of NASDAQ INSE opened at $7.95 on Friday. Inspired Entertainment, Inc. has a twelve month low of $6.51 and a twelve month high of $10.29. The stock has a fifty day simple moving average of $8.81 and a 200-day simple moving average of $8.71. The stock has a market capitalization of $214.09 million, a PE ratio of 3.99 and a beta of 1.23.

Analysts Set New Price Targets

Several research analysts have weighed in on INSE shares. BWS Financial reaffirmed a "buy" rating and set a $20.00 target price on shares of Inspired Entertainment in a research note on Monday, November 17th. Weiss Ratings reissued a "hold (c-)" rating on shares of Inspired Entertainment in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $14.00.

Inspired Entertainment Profile

Inspired Entertainment, Inc NASDAQ: INSE is a business-to-business provider of digital gaming content and technology solutions for the global gaming industry. The company's offerings include server-based gaming modules, virtual sports simulations, digital interactive content and mobile sports betting platforms. Inspired designs proprietary games and software that integrate with lotteries, casino operators, retail betting shops and online platforms, emphasizing reliable performance, rapid deployment and engaging player experiences.

At the core of Inspired's product suite is its Virtual Sports catalog, which simulates sporting events using advanced algorithms and randomized outcomes.

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