Everi Holdings Inc (NYSE:EVRI) EVP Edward Adam Peters sold 66,251 shares of Everi stock in a transaction dated Friday, September 14th. The shares were sold at an average price of $9.06, for a total value of $600,234.06. Following the completion of the transaction, the executive vice president now directly owns 60,388 shares of the company’s stock, valued at $547,115.28. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Shares of EVRI traded up $0.02 during midday trading on Monday, hitting $9.50. The company had a trading volume of 995,000 shares, compared to its average volume of 600,097. The company has a debt-to-equity ratio of -9.62, a quick ratio of 0.92 and a current ratio of 0.99. The stock has a market capitalization of $573.75 million, a PE ratio of -30.65, a PEG ratio of 5.89 and a beta of 1.32. Everi Holdings Inc has a 1 year low of $6.08 and a 1 year high of $9.81.

Everi (NYSE:EVRI) last announced its quarterly earnings data on Tuesday, August 7th. The credit services provider reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by ($0.04). The firm had revenue of $118.68 million during the quarter, compared to analyst estimates of $110.17 million. analysts predict that Everi Holdings Inc will post 0.07 EPS for the current year.

Several institutional investors and hedge funds have recently made changes to their positions in the company. BlackRock Inc. lifted its stake in Everi by 9.2% during the second quarter. BlackRock Inc. now owns 5,421,765 shares of the credit services provider’s stock worth $39,035,000 after purchasing an additional 456,712 shares during the last quarter. Eagle Asset Management Inc. lifted its stake in Everi by 1.4% during the second quarter. Eagle Asset Management Inc. now owns 4,931,162 shares of the credit services provider’s stock worth $35,504,000 after purchasing an additional 70,275 shares during the last quarter. Carillon Tower Advisers Inc. lifted its stake in Everi by 17.1% during the first quarter. Carillon Tower Advisers Inc. now owns 3,839,352 shares of the credit services provider’s stock worth $24,610,000 after purchasing an additional 561,453 shares during the last quarter. Private Capital Management LLC lifted its stake in Everi by 4.4% during the second quarter. Private Capital Management LLC now owns 3,587,388 shares of the credit services provider’s stock worth $25,829,000 after purchasing an additional 151,260 shares during the last quarter. Finally, Indaba Capital Management L.P. lifted its stake in Everi by 182.3% during the first quarter. Indaba Capital Management L.P. now owns 2,418,730 shares of the credit services provider’s stock worth $15,891,000 after purchasing an additional 1,562,009 shares during the last quarter. Institutional investors and hedge funds own 88.75% of the company’s stock.

Several equities analysts have recently issued reports on the company. ValuEngine cut Everi from a “buy” rating to a “hold” rating in a research note on Tuesday, June 26th. Zacks Investment Research upgraded Everi from a “sell” rating to a “hold” rating and set a $9.00 price objective for the company in a research note on Monday, August 6th. TheStreet upgraded Everi from a “d+” rating to a “c-” rating in a research note on Monday, August 6th. Stifel Nicolaus assumed coverage on Everi in a research note on Thursday. They issued a “buy” rating and a $13.00 price objective for the company. Finally, Jefferies Financial Group lifted their price objective on Everi from $11.00 to $12.00 and gave the company a “buy” rating in a research note on Wednesday, August 8th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $11.00.

Everi Company Profile

Everi Holdings Inc provides technology solutions for the casino gaming industry in the United States, Europe, Canada, the Caribbean, Central America, and Asia. The company operates in two segments, Games and Payments. It offers gaming products, such as classic mechanical reel games, video reel games, core HDX, Empire MPX and the Texan HDX, wide area progressive games, and slot tournament systems; and sells player terminals, licenses, back office systems, and other related equipment.

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