Foundry Partners LLC Has $4.91 Million Stock Holdings in Inspired Entertainment, Inc. (NASDAQ:INSE)

Foundry Partners LLC raised its stake in shares of Inspired Entertainment, Inc. (NASDAQ:INSE - Free Report) by 12.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 529,380 shares of the company's stock after buying an additional 59,915 shares during the quarter. Foundry Partners LLC owned about 1.99% of Inspired Entertainment worth $4,907,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. EntryPoint Capital LLC acquired a new stake in shares of Inspired Entertainment during the first quarter valued at $26,000. Gamco Investors INC. ET AL grew its position in shares of Inspired Entertainment by 51.4% in the first quarter. Gamco Investors INC. ET AL now owns 199,700 shares of the company's stock valued at $1,969,000 after purchasing an additional 67,800 shares during the period. Gabelli Funds LLC grew its holdings in Inspired Entertainment by 36.5% in the 1st quarter. Gabelli Funds LLC now owns 127,500 shares of the company's stock valued at $1,257,000 after buying an additional 34,100 shares during the period. Hood River Capital Management LLC increased its stake in shares of Inspired Entertainment by 79.0% during the 1st quarter. Hood River Capital Management LLC now owns 198,408 shares of the company's stock valued at $1,956,000 after acquiring an additional 87,569 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its position in shares of Inspired Entertainment by 15.4% in the second quarter. Bank of New York Mellon Corp now owns 65,768 shares of the company's stock worth $602,000 after acquiring an additional 8,753 shares during the last quarter. Hedge funds and other institutional investors own 77.38% of the company's stock.

Inspired Entertainment Stock Down 0.4 %

INSE stock traded down $0.04 during trading on Friday, reaching $9.91. 60,394 shares of the company's stock were exchanged, compared to its average volume of 106,034. Inspired Entertainment, Inc. has a 1-year low of $7.51 and a 1-year high of $11.00. The firm has a market cap of $263.39 million, a PE ratio of -1,001.00 and a beta of 1.40. The company's fifty day moving average price is $9.60 and its 200-day moving average price is $9.12.

Analysts Set New Price Targets

A number of analysts have recently commented on INSE shares. Macquarie dropped their price objective on Inspired Entertainment from $11.00 to $10.00 and set a "neutral" rating for the company in a report on Friday, August 9th. Craig Hallum upgraded shares of Inspired Entertainment to a "strong-buy" rating in a report on Thursday, October 17th.

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.