Everi Holdings Inc (NYSE:EVRI) insider Michael D. Rumbolz sold 9,134 shares of Everi stock in a transaction on Tuesday, January 16th. The stock was sold at an average price of $8.00, for a total transaction of $73,072.00. Following the completion of the transaction, the insider now directly owns 113,977 shares in the company, valued at $911,816. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Shares of Everi Holdings Inc (NYSE:EVRI) opened at $7.82 on Friday. Everi Holdings Inc has a one year low of $2.59 and a one year high of $8.99. The company has a current ratio of 0.98, a quick ratio of 0.91 and a debt-to-equity ratio of -9.13.

Everi (NYSE:EVRI) last posted its quarterly earnings data on Monday, October 30th. The credit services provider reported ($0.06) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.12) by $0.06. The company had revenue of $247.32 million for the quarter, compared to analyst estimates of $228.37 million. During the same quarter in the previous year, the firm posted ($0.12) earnings per share. The company’s quarterly revenue was up 11.3% on a year-over-year basis. equities research analysts forecast that Everi Holdings Inc will post -0.5 earnings per share for the current fiscal year.

EVRI has been the subject of several research reports. BidaskClub upgraded shares of Everi from a “hold” rating to a “buy” rating in a research note on Saturday, September 30th. Stifel Nicolaus reiterated a “buy” rating and set a $11.00 price objective on shares of Everi in a research note on Wednesday, November 1st. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $7.33.

Several large investors have recently bought and sold shares of EVRI. Schwab Charles Investment Management Inc. lifted its stake in shares of Everi by 125.8% during the second quarter. Schwab Charles Investment Management Inc. now owns 380,700 shares of the credit services provider’s stock worth $2,772,000 after buying an additional 212,136 shares during the period. Rhumbline Advisers acquired a new stake in shares of Everi during the second quarter worth $511,000. Bank of New York Mellon Corp lifted its position in Everi by 322.2% during the second quarter. Bank of New York Mellon Corp now owns 208,904 shares of the credit services provider’s stock valued at $1,521,000 after purchasing an additional 159,426 shares during the period. Legal & General Group Plc acquired a new position in Everi during the second quarter valued at $121,000. Finally, JPMorgan Chase & Co. lifted its position in Everi by 684.0% during the second quarter. JPMorgan Chase & Co. now owns 262,400 shares of the credit services provider’s stock valued at $1,910,000 after purchasing an additional 228,931 shares during the period. Institutional investors and hedge funds own 84.00% of the company’s stock.

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About Everi

Everi Holdings Inc is a holding company. The Company operates through subsidiaries, including Everi Games Holding Inc (Everi Games Holding) and Everi Payments Inc (Everi Payments or Payments). The Company operates through two segments: Games and Payments. The Company provides video and mechanical reel gaming content and technology solutions, integrated gaming payments solutions, and compliance and efficiency software.

Insider Buying and Selling by Quarter for Everi (NYSE:EVRI)

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