27,132 Shares in Everi Holdings Inc. (NYSE:EVRI) Bought by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. purchased a new position in Everi Holdings Inc. (NYSE:EVRI - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 27,132 shares of the credit services provider's stock, valued at approximately $367,000.

Several other institutional investors also recently bought and sold shares of the business. Jane Street Group LLC boosted its stake in Everi by 86.7% during the 3rd quarter. Jane Street Group LLC now owns 162,951 shares of the credit services provider's stock worth $2,141,000 after purchasing an additional 75,655 shares during the last quarter. Franklin Resources Inc. raised its holdings in shares of Everi by 6.6% during the 3rd quarter. Franklin Resources Inc. now owns 41,542 shares of the credit services provider's stock worth $550,000 after acquiring an additional 2,564 shares during the period. Geode Capital Management LLC grew its holdings in shares of Everi by 1.5% in the third quarter. Geode Capital Management LLC now owns 1,860,321 shares of the credit services provider's stock valued at $24,450,000 after purchasing an additional 27,670 shares during the period. Stifel Financial Corp raised its stake in 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 purchasing an additional 1,423 shares during the period. Finally, SG Americas Securities LLC boosted its stake in Everi by 14.8% during the fourth quarter. SG Americas Securities LLC now owns 36,908 shares of the credit services provider's stock worth $499,000 after buying an additional 4,772 shares during the period. 95.47% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded 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 assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $12.83.

Everi Stock Up 1.0 %

Everi stock traded up $0.14 during midday trading on Friday, reaching $13.66. The company's stock had a trading volume of 2,333,975 shares, compared to its average volume of 1,272,399. The business has a 50-day simple moving average of $13.65 and a 200-day simple moving average of $13.50. The company has a market cap of $1.18 billion, a P/E ratio of 91.04 and a beta of 1.57. Everi Holdings Inc. has a fifty-two week low of $6.37 and a fifty-two week high of $13.83. The company has a quick ratio of 0.97, a current ratio of 1.06 and a debt-to-equity ratio of 3.84.

Insider Buying and Selling

In other Everi news, Director Geoffrey P. Judge sold 7,332 shares of the firm's stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $13.73, for a total transaction of $100,668.36. Following the transaction, the director now owns 84,240 shares of the company's stock, valued at approximately $1,156,615.20. This trade represents a 8.01 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 6.40% of the stock is owned by company insiders.

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.