Inspired Entertainment, Inc. (NASDAQ:INSE) Given Average Recommendation of "Hold" by Brokerages

Key Points

• Analyst consensus: Seven brokers give Inspired Entertainment an average rating of "Hold" (2 sell, 1 hold, 4 buy) with a 1‑year average target price of $12.80.
• Insider buying: CEO Brooks H. Pierce bought 13,332 shares at $6.88 and director Michael R. Chambrello bought 10,000 shares at $6.92, part of 80,000 insider shares purchased in the last three months and bringing insiders' ownership to ~13.1%.
• Financials/stock: The company missed EPS (reported ($0.18) vs $0.25 estimate) despite $77.2M revenue, has a negative net margin (-5.59%), and the stock trades around $6.84 with a market cap of about $185M.

Inspired Entertainment, Inc. (NASDAQ:INSE - Get Free Report) has earned an average rating of "Hold" from the seven research firms that are presently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating on the company. The average 1-year target price among brokers that have covered the stock in the last year is $12.80.

Several equities analysts have weighed in on the company. Weiss Ratings cut Inspired Entertainment from a "hold (c-)" rating to a "sell (d)" rating in a report on Wednesday, March 11th. Zacks Research cut Inspired Entertainment from a "hold" rating to a "strong sell" rating in a report on Thursday, March 12th. Finally, BWS Financial reaffirmed a "buy" rating and issued a $20.00 price objective on shares of Inspired Entertainment in a report on Wednesday, March 11th.

Insider Buying and Selling at Inspired Entertainment

In related news, CEO Brooks H. Pierce acquired 13,332 shares of the company's stock in a transaction on Thursday, March 26th. The stock was purchased at an average cost of $6.88 per share, with a total value of $91,724.16. Following the acquisition, the chief executive officer directly owned 52,407 shares of the company's stock, valued at approximately $360,560.16. The trade was a 34.12% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Michael R. Chambrello acquired 10,000 shares of the company's stock in a transaction on Thursday, March 26th. The stock was bought at an average cost of $6.92 per share, with a total value of $69,200.00. Following the completion of the acquisition, the director directly owned 64,568 shares in the company, valued at approximately $446,810.56. This represents a 18.33% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders purchased 80,000 shares of company stock valued at $545,748 in the last three months. Corporate insiders own 13.10% of the company's stock.

Hedge Funds Weigh In On Inspired Entertainment

A number of institutional investors have recently modified their holdings of the business. Dimensional Fund Advisors LP raised its holdings in shares of Inspired Entertainment by 0.9% during the 3rd quarter. Dimensional Fund Advisors LP now owns 211,766 shares of the company's stock worth $1,986,000 after buying an additional 1,866 shares in the last quarter. SkyView Investment Advisors LLC raised its holdings in shares of Inspired Entertainment by 3.7% during the 2nd quarter. SkyView Investment Advisors LLC now owns 68,884 shares of the company's stock worth $551,000 after buying an additional 2,477 shares in the last quarter. Clarus Group Inc. raised its holdings in shares of Inspired Entertainment by 21.2% during the 3rd quarter. Clarus Group Inc. now owns 16,998 shares of the company's stock worth $159,000 after buying an additional 2,979 shares in the last quarter. Barclays PLC raised its holdings in shares of Inspired Entertainment by 7.3% during the 4th quarter. Barclays PLC now owns 46,535 shares of the company's stock worth $436,000 after buying an additional 3,155 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD raised its holdings in shares of Inspired Entertainment by 28.5% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 16,085 shares of the company's stock worth $151,000 after buying an additional 3,571 shares in the last quarter. Institutional investors and hedge funds own 77.38% of the company's stock.

Inspired Entertainment Trading Down 3.3%

NASDAQ:INSE opened at $6.84 on Friday. The stock has a market cap of $185.09 million, a P/E ratio of -11.59 and a beta of 1.24. The stock has a 50 day simple moving average of $7.69 and a 200 day simple moving average of $8.34. Inspired Entertainment has a 1-year low of $6.10 and a 1-year high of $9.95.

Inspired Entertainment (NASDAQ:INSE - Get Free Report) last announced its quarterly earnings data on Tuesday, March 10th. The company reported ($0.18) earnings per share for the quarter, missing the consensus estimate of $0.25 by ($0.43). The company had revenue of $77.20 million during the quarter, compared to analyst estimates of $76.08 million. Inspired Entertainment had a negative net margin of 5.59% and a negative return on equity of 1,176.67%. As a group, sell-side analysts forecast that Inspired Entertainment will post 0.3 EPS for the current year.

About Inspired Entertainment

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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