Inspired Entertainment, Inc. (NASDAQ:INSE) Receives Average Recommendation of "Hold" from Analysts

Key Points

• Analysts give Inspired Entertainment (NASDAQ:INSE) a consensus rating of Hold from five analysts — two sell, one hold and two buy — with an average 12‑month price target of $14.00.
• The company reported a quarterly loss of ($0.18) per share versus a $0.25 consensus (missing by $0.43) while revenue was $77.2M slightly above estimates, and the stock is trading around $7.00 (down 3.2%, 50‑day $7.21, 200‑day $8.10).
• Insiders purchased 80,000 shares over the last three months (including buys by a director and the chairman), insiders now own 12.88% of the company and institutional investors hold about 77.38% of the stock.

Inspired Entertainment, Inc. (NASDAQ:INSE - Get Free Report) has been given a consensus rating of "Hold" by the five analysts that are covering the company, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $14.00.

Several research firms have weighed in on INSE. Zacks Research lowered Inspired Entertainment from a "hold" rating to a "strong sell" rating in a report on Thursday, March 12th. Weiss Ratings lowered Inspired Entertainment from a "hold (c-)" rating to a "sell (d)" rating in a report on Wednesday, March 11th. Finally, BWS Financial restated a "buy" rating and issued a $20.00 price target on shares of Inspired Entertainment in a report on Wednesday, March 11th.

Inspired Entertainment Trading Down 3.2%

INSE stock opened at $7.00 on Tuesday. The business's 50-day moving average price is $7.21 and its two-hundred day moving average price is $8.10. The firm has a market cap of $186.69 million, a PE ratio of -11.86 and a beta of 1.19. 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 posted its earnings results 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 business had revenue of $77.20 million for the quarter, compared to the consensus estimate of $76.08 million. Inspired Entertainment had a negative return on equity of 1,176.67% and a negative net margin of 5.59%. On average, analysts forecast that Inspired Entertainment will post 0.25 earnings per share for the current year.

Insider Activity

In other news, Director Michael R. Chambrello purchased 10,000 shares of the business's stock in a transaction dated Thursday, March 26th. The shares were bought at an average cost of $6.92 per share, for a total transaction 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 trade represents a 18.33% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Chairman A Lorne Weil purchased 20,000 shares of the business's stock in a transaction dated Friday, March 27th. The stock was purchased at an average price of $6.80 per share, for a total transaction of $136,000.00. Following the completion of the acquisition, the chairman owned 622,771 shares of the company's stock, valued at approximately $4,234,842.80. This represents a 3.32% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have bought a total of 80,000 shares of company stock worth $545,748 over the last three months. Corporate insiders own 12.88% of the company's stock.

Institutional Trading of Inspired Entertainment

A number of institutional investors have recently modified their holdings of INSE. Kanen Wealth Management LLC lifted its holdings in shares of Inspired Entertainment by 50.9% in the first 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 in the last quarter. Potomac Capital Management Inc. acquired a new stake in shares of Inspired Entertainment in the fourth quarter valued at about $6,089,000. Teton Advisors LLC acquired a new stake in shares of Inspired Entertainment in the third quarter valued at about $1,903,000. Marshall Wace LLP increased its position in shares of Inspired Entertainment by 233.7% in the second quarter. Marshall Wace LLP now owns 208,062 shares of the company's stock valued at $1,700,000 after acquiring an additional 145,720 shares during the last quarter. Finally, SummerHaven Investment Management LLC acquired a new stake in shares of Inspired Entertainment in the third quarter valued at about $888,000. 77.38% of the stock is currently owned by institutional investors.

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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