Marshall Wace LLP Has $5.80 Million Stock Position in Everi Holdings Inc. (NYSE:EVRI)

Marshall Wace LLP boosted its position in shares of Everi Holdings Inc. (NYSE:EVRI - Free Report) by 3,126.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 429,133 shares of the credit services provider's stock after purchasing an additional 415,833 shares during the period. Marshall Wace LLP owned about 0.50% of Everi worth $5,798,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Vestcor Inc acquired a new position in shares of Everi during the fourth quarter worth approximately $28,000. AlphaQuest LLC boosted its position in Everi by 97.8% in the 4th quarter. AlphaQuest LLC now owns 9,449 shares of the credit services provider's stock valued at $128,000 after buying an additional 4,671 shares during the last quarter. Proficio Capital Partners LLC acquired a new stake in shares of Everi in the 4th quarter valued at $151,000. Stifel Financial Corp raised its position in shares of 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 acquiring an additional 1,423 shares during the last quarter. Finally, FNY Investment Advisers LLC acquired a new position in shares of Everi during the fourth quarter valued at $175,000. 95.47% of the stock is owned by institutional investors.

Everi Stock Up 0.3 %

Shares of Everi stock opened at $13.79 on Thursday. Everi Holdings Inc. has a 12 month low of $6.37 and a 12 month high of $13.83. The business has a fifty day simple moving average of $13.66 and a 200 day simple moving average 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. The stock has a market cap of $1.19 billion, a PE ratio of 91.94 and a beta of 1.57.

Insider Transactions at Everi

In other news, CAO Todd A. Valli sold 30,000 shares of Everi stock in a transaction on Monday, April 21st. The shares were sold at an average price of $13.75, for a total transaction of $412,500.00. Following the transaction, the chief accounting officer now directly owns 57,413 shares of the company's stock, valued at $789,428.75. This trade represents a 34.32 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Geoffrey P. Judge sold 7,332 shares of the company's stock in a transaction on Monday, March 10th. The shares were sold at an average price of $13.73, for a total transaction of $100,668.36. Following the completion of the sale, the director now owns 84,240 shares of the company's stock, valued at approximately $1,156,615.20. This represents a 8.01 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 6.40% of the company's stock.

Analyst Ratings Changes

Separately, StockNews.com raised Everi from a "hold" rating to a "buy" rating in a report on Thursday, April 3rd. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $12.83.

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.

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