Everi Holdings Inc. (NYSE:EVRI) Shares Bought by Stifel Financial Corp

Stifel Financial Corp lifted its stake in shares of Everi Holdings Inc. (NYSE:EVRI) by 12.2% during the 3rd quarter, HoldingsChannel reports. The fund owned 13,059 shares of the credit services provider’s stock after acquiring an additional 1,423 shares during the period. Stifel Financial Corp’s holdings in Everi were worth $172,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Quarry LP raised its stake in Everi by 38.9% during the second quarter. Quarry LP now owns 10,230 shares of the credit services provider’s stock worth $86,000 after purchasing an additional 2,864 shares during the period. Signaturefd LLC increased its holdings 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. Rhumbline Advisers raised its position in shares of Everi by 3.7% in the 2nd quarter. Rhumbline Advisers now owns 125,137 shares of the credit services provider’s stock worth $1,051,000 after buying an additional 4,486 shares during the period. Huntington National Bank boosted its holdings in Everi by 1,296.2% in the third quarter. Huntington National Bank now owns 5,892 shares of the credit services provider’s stock valued at $77,000 after acquiring an additional 5,470 shares during the last quarter. Finally, Creative Planning grew its position in Everi by 11.9% during the third quarter. Creative Planning now owns 72,769 shares of the credit services provider’s stock valued at $956,000 after acquiring an additional 7,728 shares during the period. 95.47% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Everi

In other Everi news, EVP David Lucchese sold 45,476 shares of the company’s stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $13.48, for a total value of $613,016.48. Following the completion of the transaction, the executive vice president now owns 542,928 shares in the company, valued at $7,318,669.44. This represents a 7.73 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Geoffrey P. Judge sold 16,000 shares of Everi stock in a transaction that occurred 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 sale, the director now owns 91,572 shares in the company, valued at $1,224,317.64. This represents a 14.87 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 255,476 shares of company stock valued at $3,435,636 over the last three months. 6.40% of the stock is owned by company insiders.

Everi Stock Performance

Shares of EVRI stock opened at $13.48 on Tuesday. The company has a current ratio of 1.06, a quick ratio of 0.97 and a debt-to-equity ratio of 3.84. The company has a market cap of $1.16 billion, a PE ratio of 89.87 and a beta of 2.07. The company’s fifty day simple moving average is $13.41 and its 200-day simple moving average is $12.17. Everi Holdings Inc. has a 52 week low of $6.37 and a 52 week high of $13.53.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on Everi in a report on Saturday. They issued a “hold” rating on the stock. Six analysts have rated the stock with a hold rating, According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $12.88.

About Everi

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.