Everi Holdings Inc. (NYSE:EVRI) Shares Sold by Prairiewood Capital LLC

Prairiewood Capital LLC decreased its stake in Everi Holdings Inc. (NYSE:EVRI) by 8.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,326 shares of the credit services provider’s stock after selling 1,175 shares during the period. Prairiewood Capital LLC’s holdings in Everi were worth $167,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Huntington National Bank grew 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 purchasing an additional 5,470 shares during the last quarter. Quarry LP grew its stake in Everi by 38.9% in the 2nd quarter. Quarry LP now owns 10,230 shares of the credit services provider’s stock valued at $86,000 after acquiring an additional 2,864 shares during the last quarter. Magnetar Financial LLC purchased a new position in Everi during the 2nd quarter valued at about $104,000. Stifel Financial Corp raised its position in Everi by 12.2% during the third quarter. Stifel Financial Corp now owns 13,059 shares of the credit services provider’s stock worth $172,000 after acquiring an additional 1,423 shares during the last quarter. Finally, FNY Investment Advisers LLC purchased a new stake in shares of Everi in the fourth quarter valued at about $175,000. Hedge funds and other institutional investors own 95.47% of the company’s stock.

Insiders Place Their Bets

In other Everi news, EVP Darren Simmons sold 50,000 shares of Everi stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $13.46, for a total value of $673,000.00. Following the completion of the sale, the executive vice president now owns 140,425 shares in the company, valued at $1,890,120.50. The trade was a 26.26 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Geoffrey P. Judge sold 16,000 shares of the company’s stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $13.37, for a total transaction of $213,920.00. Following the transaction, the director now directly owns 91,572 shares of the company’s stock, valued at approximately $1,224,317.64. This represents a 14.87 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 255,476 shares of company stock valued at $3,435,636. Company insiders own 6.40% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com started coverage on shares of Everi in a research note on Tuesday. They set a “hold” rating for the company. Six analysts have rated the stock with a hold rating, According to data from MarketBeat, Everi currently has a consensus rating of “Hold” and a consensus price target of $12.88.

Everi Stock Performance

Shares of NYSE EVRI opened at $13.56 on Tuesday. The company has a debt-to-equity ratio of 3.84, a current ratio of 1.06 and a quick ratio of 0.97. The company has a market cap of $1.17 billion, a PE ratio of 90.41 and a beta of 2.06. The company has a 50-day simple moving average of $13.48 and a 200-day simple moving average of $12.78. Everi Holdings Inc. has a 12 month low of $6.37 and a 12 month high of $13.65.

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.