BNP Paribas Financial Markets Has $355,000 Holdings in Everi Holdings Inc. (NYSE:EVRI)

BNP Paribas Financial Markets lessened its stake in Everi Holdings Inc. (NYSE:EVRI - Free Report) by 82.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 27,032 shares of the credit services provider's stock after selling 123,833 shares during the period. BNP Paribas Financial Markets' holdings in Everi were worth $355,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Signaturefd LLC raised its position in shares of Everi by 2,428.6% during the 2nd quarter. Signaturefd LLC now owns 3,186 shares of the credit services provider's stock valued at $27,000 after buying an additional 3,060 shares in the last quarter. CWM LLC boosted its stake in shares of Everi by 117.5% during the second quarter. CWM LLC now owns 3,512 shares of the credit services provider's stock valued at $30,000 after purchasing an additional 1,897 shares in the last quarter. Huntington National Bank boosted its stake in shares of Everi by 1,296.2% during the third quarter. Huntington National Bank now owns 5,892 shares of the credit services provider's stock valued at $77,000 after purchasing an additional 5,470 shares in the last quarter. Quarry LP lifted its position in Everi by 38.9% during the second quarter. Quarry LP now owns 10,230 shares of the credit services provider's stock valued at $86,000 after acquiring an additional 2,864 shares during the last quarter. Finally, Magnetar Financial LLC purchased a new stake in Everi during the second quarter valued at approximately $104,000. Institutional investors own 95.47% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on shares of Everi in a research note on Thursday. They issued a "hold" rating on the stock. Six equities research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, Everi presently has a consensus rating of "Hold" and an average target price of $12.88.

Everi Stock Performance

NYSE EVRI remained flat at $13.46 on Friday. The company's stock had a trading volume of 478,563 shares, compared to its average volume of 1,325,054. The company has a debt-to-equity ratio of 3.84, a quick ratio of 0.97 and a current ratio of 1.06. Everi Holdings Inc. has a one year low of $6.37 and a one year high of $13.50. The company's 50-day moving average is $13.36 and its 200-day moving average is $11.72. The firm has a market capitalization of $1.16 billion, a PE ratio of 89.74 and a beta of 2.07.

Insider Activity

In other Everi news, EVP Darren Simmons sold 50,000 shares of Everi stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $13.46, for a total transaction of $673,000.00. Following the sale, the executive vice president now owns 140,425 shares of the company's stock, valued at $1,890,120.50. The trade was a 26.26 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Geoffrey P. Judge sold 4,000 shares of Everi stock in a transaction on Friday, December 6th. The shares were sold at an average price of $13.50, for a total value of $54,000.00. Following the transaction, the director now owns 91,572 shares in the company, valued at approximately $1,236,222. This trade represents a 4.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 255,476 shares of company stock worth $3,435,636 over the last three months. 6.40% of the stock is currently owned by corporate 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.