Los Angeles Capital Management LLC Has $441,000 Stock Holdings in Inspired Entertainment, Inc. (NASDAQ:INSE)

Los Angeles Capital Management LLC trimmed its position in shares of Inspired Entertainment, Inc. (NASDAQ:INSE) by 10.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 47,608 shares of the company’s stock after selling 5,700 shares during the quarter. Los Angeles Capital Management LLC owned 0.18% of Inspired Entertainment worth $441,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Private Management Group Inc. lifted its holdings in Inspired Entertainment by 245.5% during the second quarter. Private Management Group Inc. now owns 1,205,281 shares of the company’s stock worth $11,028,000 after acquiring an additional 856,386 shares in the last quarter. Foundry Partners LLC lifted its holdings in shares of Inspired Entertainment by 26.2% during the 2nd quarter. Foundry Partners LLC now owns 469,465 shares of the company’s stock valued at $4,296,000 after purchasing an additional 97,320 shares in the last quarter. Hood River Capital Management LLC grew its position in shares of Inspired Entertainment by 79.0% in the 1st quarter. Hood River Capital Management LLC now owns 198,408 shares of the company’s stock valued at $1,956,000 after purchasing an additional 87,569 shares during the period. Gamco Investors INC. ET AL increased its stake in Inspired Entertainment by 51.4% during the 1st quarter. Gamco Investors INC. ET AL now owns 199,700 shares of the company’s stock worth $1,969,000 after purchasing an additional 67,800 shares in the last quarter. Finally, Renaissance Technologies LLC raised its holdings in Inspired Entertainment by 104.0% during the 2nd quarter. Renaissance Technologies LLC now owns 71,600 shares of the company’s stock worth $655,000 after buying an additional 36,500 shares during the period. Institutional investors and hedge funds own 77.38% of the company’s stock.

Inspired Entertainment Stock Down 1.4 %

NASDAQ INSE opened at $10.09 on Friday. The firm’s 50 day moving average is $9.48 and its 200-day moving average is $9.08. The company has a market capitalization of $268.19 million, a PE ratio of -1,007.99 and a beta of 1.40. Inspired Entertainment, Inc. has a 12-month low of $7.36 and a 12-month high of $11.00.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on INSE shares. Craig Hallum upgraded shares of Inspired Entertainment to a “strong-buy” rating in a report on Thursday, October 17th. Macquarie lowered their target price on Inspired Entertainment from $11.00 to $10.00 and set a “neutral” rating for the company in a report on Friday, August 9th.

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.