Barclays PLC Buys 23,757 Shares of Inspired Entertainment, Inc. (NASDAQ:INSE)

Barclays PLC raised its stake in Inspired Entertainment, Inc. (NASDAQ:INSE) by 314.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 31,321 shares of the company’s stock after buying an additional 23,757 shares during the period. Barclays PLC’s holdings in Inspired Entertainment were worth $291,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. State Street Corp increased its holdings in shares of Inspired Entertainment by 0.7% in the 3rd quarter. State Street Corp now owns 405,625 shares of the company’s stock worth $3,760,000 after buying an additional 2,675 shares during the last quarter. BNP Paribas Financial Markets increased its holdings in shares of Inspired Entertainment by 232.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 28,317 shares of the company’s stock worth $262,000 after buying an additional 19,794 shares during the last quarter. Foundry Partners LLC increased its holdings in shares of Inspired Entertainment by 12.8% in the 3rd quarter. Foundry Partners LLC now owns 529,380 shares of the company’s stock worth $4,907,000 after buying an additional 59,915 shares during the last quarter. GSA Capital Partners LLP bought a new position in shares of Inspired Entertainment in the 3rd quarter worth $106,000. Finally, Private Management Group Inc. increased its holdings in shares of Inspired Entertainment by 35.5% in the 3rd quarter. Private Management Group Inc. now owns 1,633,593 shares of the company’s stock worth $15,143,000 after buying an additional 428,312 shares during the last quarter. Institutional investors own 77.38% of the company’s stock.

Analysts Set New Price Targets

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

Inspired Entertainment Stock Performance

INSE stock opened at $8.87 on Monday. Inspired Entertainment, Inc. has a 52 week low of $7.51 and a 52 week high of $11.00. The firm’s fifty day moving average is $9.50 and its 200 day moving average is $9.16. The firm has a market cap of $235.75 million, a P/E ratio of -886.11 and a beta of 1.40.

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.