Everi Holdings Inc. (NYSE:EVRI) enjoyed a 15.54% run-up in share price since hitting record low of $5.6. The stock managed -3.86% fall and now stands at $6.47 as of 12/04/2018. At recent session, the prices were hovering between $6.45 and $6.8. This company shares are 93.2% off its target price of $12.5 and the current market capitalization stands at $451.28M. The recent change has given its price a -13.73% deficit over SMA 50 and -34.11% deficit over its 52-week high. The stock witnessed -13.27% declines, -20.81% declines and -24.77% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found EVRI’s volatility during a week at 4.76% and during a month it has been found around 6.53%.Everi Holdings Inc. (EVRI) Top Holders
Institutional investors currently hold around $433 million or 85.9% in EVRI stock. Look at its top three institutional owners. Indaba Capital Management, L.P. owns $33.98 million in Everi Holdings Inc., which represents roughly 7.53% of the company’s market cap and approximately 7.85% of the institutional ownership. Similar statistics are true for the second largest owner, Eagle Asset Management Inc, which owns 5,047,629 shares of the stock are valued at $33.97 million. The third largest holder is Blackrock Inc., which currently holds $31.43 million worth of this stock and that ownership represents nearly 6.97% of its market capitalization.
At the end of September reporting period, 74 institutional holders increased their position in Everi Holdings Inc. (NYSE:EVRI) by some 9,608,152 shares, 77 decreased positions by 8,994,518 and 18 held positions by 45,667,328. That puts total institutional holdings at 64,269,998 shares, according to SEC filings. The stock grabbed 25 new institutional investments totaling 4,281,732 shares while 31 institutional investors sold out their entire positions totaling 3,775,850 shares.Everi Holdings Inc. (NYSE:EVRI) Insider Trades
Multiple company employees have indulged in significant insider trading. Everi Holdings Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that EVP Peters Edward Adam has sold 66,251 shares of Everi Holdings Inc. (EVRI) in trading session dated Sep. 14, 2018. These shares are worth $600,234 and were traded at $9.06 each. The SEC filing shows that Valli Todd A. performed a sale of 20,000 shares. The SVP, CAO disposed these shares by way of transaction on Sep. 14, 2018. The company’s shares were given away at $9.34 per share worth to an income of some $186,800 on account of Valli Todd A..
President and CEO, Rumbolz Michael D, sold 42,500 common shares of Everi Holdings Inc. (EVRI) in the open market. In a transaction dated Jun. 05, 2018, the shares were put up for sale at an average price of $8.03, raking in a sum of $341,275. After this sale, 102,729 common shares of EVRI are directly owned by the insider, with total stake valued at $664,657.
In the transaction dated Jan. 24, 2018, the great number of shares disposed came courtesy the Director; Kilburn E Miles disposed a total of 150,000 shares at an average price of $8, amounting to approximately $1,200,000. The insider now directly owns 157,645 shares worth $1,019,963.
Several analysts have released their opinion on Everi Holdings Inc. (NYSE:EVRI), with 2 analysts believing it is a strong buy. Whereas 0 of them predict the stock is a hold. Also, there are 2 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.5 average brokerage recommendation.