BNP Paribas Financial Markets Increases Stock Holdings in Inspired Entertainment, Inc. (NASDAQ:INSE)

BNP Paribas Financial Markets boosted its stake in Inspired Entertainment, Inc. (NASDAQ:INSE) by 232.2% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 28,317 shares of the company’s stock after acquiring an additional 19,794 shares during the quarter. BNP Paribas Financial Markets’ holdings in Inspired Entertainment were worth $262,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of INSE. Bfsg LLC lifted its holdings in Inspired Entertainment by 61.9% in the 2nd quarter. Bfsg LLC now owns 9,875 shares of the company’s stock worth $90,000 after buying an additional 3,775 shares in the last quarter. GSA Capital Partners LLP acquired a new position in shares of Inspired Entertainment in the third quarter worth about $106,000. Clarus Group Inc. purchased a new position in Inspired Entertainment in the third quarter valued at about $116,000. Bank of New York Mellon Corp grew its stake in Inspired Entertainment by 15.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 65,768 shares of the company’s stock valued at $602,000 after purchasing an additional 8,753 shares in the last quarter. Finally, Renaissance Technologies LLC increased its holdings in Inspired Entertainment by 104.0% during the 2nd quarter. Renaissance Technologies LLC now owns 71,600 shares of the company’s stock worth $655,000 after purchasing an additional 36,500 shares during the last quarter. Institutional investors and hedge funds own 77.38% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Craig Hallum raised shares of Inspired Entertainment to a “strong-buy” rating in a research report on Thursday, October 17th.

Inspired Entertainment Price Performance

Inspired Entertainment stock opened at $9.07 on Tuesday. Inspired Entertainment, Inc. has a 12 month low of $7.51 and a 12 month high of $11.00. The company has a fifty day moving average price of $9.62 and a two-hundred day moving average price of $9.21. The company has a market cap of $241.06 million, a PE ratio of -907.00 and a beta of 1.39.

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.