Inspired Entertainment (NASDAQ:INSE) Coverage Initiated at BWS Financial

BWS Financial started coverage on shares of Inspired Entertainment (NASDAQ:INSE - Free Report) in a research report report published on Monday, Marketbeat Ratings reports. The firm issued a buy rating and a $20.00 price target on the stock.

INSE has been the subject of a number of other research reports. B. Riley assumed coverage on Inspired Entertainment in a research note on Tuesday, April 8th. They issued a "buy" rating and a $13.00 price target for the company. Piper Sandler cut their target price on Inspired Entertainment from $13.00 to $11.00 and set a "buy" rating for the company in a research report on Wednesday, April 23rd. Truist Financial lowered their price target on Inspired Entertainment from $13.00 to $11.00 and set a "buy" rating on the stock in a report on Wednesday, April 23rd. Finally, JMP Securities cut their price objective on shares of Inspired Entertainment from $13.00 to $12.00 and set a "market outperform" rating for the company in a report on Friday, May 9th. One equities research analyst has rated the stock with a hold rating, four have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, Inspired Entertainment has an average rating of "Buy" and an average target price of $14.00.

Inspired Entertainment Stock Performance

Shares of INSE traded up $0.14 during mid-day trading on Monday, reaching $9.39. The stock had a trading volume of 117,181 shares, compared to its average volume of 125,943. The business has a fifty day moving average of $8.11 and a 200 day moving average of $8.66. The firm has a market cap of $252.68 million, a price-to-earnings ratio of 3.73 and a beta of 1.63. Inspired Entertainment has a 12 month low of $6.51 and a 12 month high of $11.61.

Institutional Trading of Inspired Entertainment

A number of large investors have recently added to or reduced their stakes in INSE. National Bank of Canada FI purchased a new position in shares of Inspired Entertainment in the first quarter valued at $31,000. GAMMA Investing LLC raised its stake in Inspired Entertainment by 673.7% during the first quarter. GAMMA Investing LLC now owns 5,671 shares of the company's stock valued at $480,000 after purchasing an additional 4,938 shares in the last quarter. Wells Fargo & Company MN lifted its position in Inspired Entertainment by 51.0% during the fourth quarter. Wells Fargo & Company MN now owns 10,350 shares of the company's stock valued at $94,000 after purchasing an additional 3,494 shares during the last quarter. Oxford Asset Management LLP purchased a new position in shares of Inspired Entertainment in the 4th quarter worth $96,000. Finally, MetLife Investment Management LLC increased its holdings in shares of Inspired Entertainment by 28.7% in the 1st quarter. MetLife Investment Management LLC now owns 12,341 shares of the company's stock worth $105,000 after buying an additional 2,751 shares during the last quarter. Institutional investors own 77.38% of the company's stock.

Inspired Entertainment Company Profile

Inspired Entertainment, Inc, a gaming technology company, engages in the supply of content, platform, and other products and services to regulated lottery, betting, and gaming operators worldwide. It operates in four segments: Gaming, Virtual Sports, Interactive, and Leisure. The Gaming segment supplies gaming terminals and software to betting offices, casinos, gaming halls, and high street adult gaming centers; a portfolio of games through its digital terminals under the Centurion and Super Hot Fruits names; and traditional casino games, such as roulette, blackjack, and number games.