Jane Street Group LLC Acquires 75,655 Shares of Everi Holdings Inc. (NYSE:EVRI)

Jane Street Group LLC boosted its position in shares of Everi Holdings Inc. (NYSE:EVRI - Free Report) by 86.7% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 162,951 shares of the credit services provider's stock after buying an additional 75,655 shares during the period. Jane Street Group LLC owned approximately 0.19% of Everi worth $2,141,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Signaturefd LLC lifted 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 worth $27,000 after buying an additional 3,060 shares during the last quarter. Huntington National Bank lifted its holdings in shares of Everi by 1,296.2% in the third quarter. Huntington National Bank now owns 5,892 shares of the credit services provider's stock worth $77,000 after acquiring an additional 5,470 shares during the last quarter. Quarry LP boosted its stake in shares of Everi by 38.9% in the 2nd quarter. Quarry LP now owns 10,230 shares of the credit services provider's stock valued at $86,000 after purchasing an additional 2,864 shares in the last quarter. Magnetar Financial LLC bought a new stake in shares of Everi during the 2nd quarter valued at approximately $104,000. Finally, Stifel Financial Corp increased its position in Everi by 12.2% during the 3rd 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 in the last quarter. 95.47% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on shares of Everi in a research report on Friday. They issued a "hold" rating on the stock. Six investment analysts have rated the stock with a hold rating, Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $12.88.

Everi Stock Performance

Shares of Everi stock remained flat at $13.50 on Tuesday. The stock had a trading volume of 153,749 shares, compared to its average volume of 1,303,914. The company has a fifty day moving average of $13.40 and a 200 day moving average of $12.06. The stock has a market capitalization of $1.16 billion, a price-to-earnings ratio of 90.01 and a beta of 2.07. Everi Holdings Inc. has a one year low of $6.37 and a one year high of $13.53. 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 Transactions at Everi

In other Everi news, EVP Darren Simmons sold 50,000 shares of the firm's stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $13.46, for a total transaction of $673,000.00. Following the completion of the transaction, the executive vice president now owns 140,425 shares in the company, valued at approximately $1,890,120.50. This trade represents a 26.26 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Geoffrey P. Judge sold 16,000 shares of the company's stock in a transaction on Friday, November 15th. The shares were sold at an average price of $13.37, for a total transaction of $213,920.00. Following the completion of the sale, the director now directly owns 91,572 shares in the company, valued at approximately $1,224,317.64. This represents a 14.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 255,476 shares of company stock worth $3,435,636. Company insiders own 6.40% of the company's stock.

Everi Company 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.