PlayAGS Inc (NYSE:AGS) CFO Acquires $105,500.00 in Stock
PlayAGS Inc (NYSE:AGS) CFO Kimo Akiona purchased 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 14th. The stock was bought at an average cost of $10.55 per share, with a total value of $105,500.00. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Kimo Akiona also recently made the following trade(s):
- On Wednesday, June 5th, Kimo Akiona sold 1,005 shares of PlayAGS stock. The shares were sold at an average price of $18.70, for a total value of $18,793.50.
Shares of AGS stock traded up $0.31 on Friday, reaching $10.46. 519,000 shares of the stock were exchanged, compared to its average volume of 447,813. The stock has a market cap of $390.22 million, a P/E ratio of -69.73, a price-to-earnings-growth ratio of 16.38 and a beta of 0.86. The company has a quick ratio of 1.47, a current ratio of 2.04 and a debt-to-equity ratio of 4.00. The firm has a 50 day moving average of $17.84 and a two-hundred day moving average of $21.59. PlayAGS Inc has a 1-year low of $6.05 and a 1-year high of $32.80.
Several hedge funds have recently added to or reduced their stakes in AGS. FMR LLC boosted its position in PlayAGS by 37.9% during the 4th quarter. FMR LLC now owns 1,585,184 shares of the company’s stock worth $36,459,000 after purchasing an additional 436,074 shares during the period. Quantitative Systematic Strategies LLC purchased a new stake in PlayAGS during the 1st quarter worth $241,000. Geode Capital Management LLC boosted its position in PlayAGS by 17.2% during the 4th quarter. Geode Capital Management LLC now owns 252,187 shares of the company’s stock worth $5,800,000 after purchasing an additional 36,964 shares during the period. LGT Capital Partners LTD. boosted its position in PlayAGS by 64.8% during the 2nd quarter. LGT Capital Partners LTD. now owns 103,000 shares of the company’s stock worth $2,003,000 after purchasing an additional 40,490 shares during the period. Finally, Metropolitan Life Insurance Co. NY boosted its position in PlayAGS by 356.6% during the 4th quarter. Metropolitan Life Insurance Co. NY now owns 7,237 shares of the company’s stock worth $166,000 after purchasing an additional 5,652 shares during the period. Institutional investors and hedge funds own 98.43% of the company’s stock.
A number of analysts have weighed in on AGS shares. Deutsche Bank cut PlayAGS from a “buy” rating to a “hold” rating and cut their price target for the company from $31.00 to $18.00 in a research note on Thursday, August 8th. Roth Capital cut their target price on PlayAGS from $35.00 to $27.00 and set a “buy” rating on the stock in a research report on Thursday, August 8th. ValuEngine cut PlayAGS from a “buy” rating to a “hold” rating in a research report on Tuesday, April 30th. Zacks Investment Research cut PlayAGS from a “hold” rating to a “strong sell” rating in a research report on Thursday, August 8th. Finally, Credit Suisse Group cut their target price on PlayAGS from $35.00 to $27.00 and set an “outperform” rating on the stock in a research report on Thursday, August 8th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company’s stock. PlayAGS has a consensus rating of “Hold” and an average target price of $27.75.
PlayAGS Company Profile
AGS is a global company focused on creating a diverse mix of entertaining gaming experiences for every kind of player. Their roots are firmly planted in the Class II Native American gaming market, but their customer-centric culture and growth have helped them branch out to become a leading all-inclusive commercial gaming supplier.
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