Everi Holdings Inc. (EVRI) Shares Bought by Cubist Systematic Strategies LLC

Cubist Systematic Strategies LLC raised its holdings in shares of Everi Holdings Inc. (NYSE:EVRI) by 270.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 163,536 shares of the credit services provider’s stock after buying an additional 119,343 shares during the quarter. Cubist Systematic Strategies LLC owned about 0.24% of Everi Holdings worth $1,191,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Renaissance Technologies LLC increased its position in shares of Everi Holdings by 91.9% during the second quarter. Renaissance Technologies LLC now owns 4,868,878 shares of the credit services provider’s stock valued at $35,445,000 after purchasing an additional 2,331,500 shares during the period. Dimensional Fund Advisors LP increased its position in shares of Everi Holdings by 8.7% during the second quarter. Dimensional Fund Advisors LP now owns 3,965,918 shares of the credit services provider’s stock valued at $28,872,000 after purchasing an additional 318,508 shares during the period. Eagle Asset Management Inc. increased its position in shares of Everi Holdings by 6.8% during the second quarter. Eagle Asset Management Inc. now owns 3,159,785 shares of the credit services provider’s stock valued at $23,003,000 after purchasing an additional 201,951 shares during the period. Vanguard Group Inc. increased its position in shares of Everi Holdings by 16.3% during the second quarter. Vanguard Group Inc. now owns 3,069,761 shares of the credit services provider’s stock valued at $22,348,000 after purchasing an additional 429,551 shares during the period. Finally, Numeric Investors LLC increased its position in shares of Everi Holdings by 639.8% during the second quarter. Numeric Investors LLC now owns 1,596,050 shares of the credit services provider’s stock valued at $11,619,000 after purchasing an additional 1,380,322 shares during the period. Institutional investors own 85.43% of the company’s stock.

A number of research firms have recently issued reports on EVRI. BidaskClub upgraded Everi Holdings from a “hold” rating to a “buy” rating in a research report on Saturday, September 30th. Zacks Investment Research upgraded Everi Holdings from a “sell” rating to a “hold” rating in a research report on Friday, August 18th. Finally, Stifel Nicolaus boosted their price objective on Everi Holdings from $9.00 to $10.00 and gave the company a “buy” rating in a research report on Wednesday, August 9th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $7.00.

Shares of Everi Holdings Inc. (NYSE EVRI) opened at 8.23 on Friday. Everi Holdings Inc. has a 12 month low of $1.21 and a 12 month high of $8.99. The firm has a 50-day moving average price of $7.62 and a 200-day moving average price of $6.99. The company’s market capitalization is $549.64 million.

In other news, Director Geoffrey P. Judge sold 10,000 shares of Everi Holdings stock in a transaction on Tuesday, October 3rd. The stock was sold at an average price of $7.70, for a total value of $77,000.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Geoffrey P. Judge sold 60,000 shares of Everi Holdings stock in a transaction on Monday, October 9th. The shares were sold at an average price of $8.10, for a total value of $486,000.00. The disclosure for this sale can be found here. Insiders sold a total of 85,000 shares of company stock valued at $666,500 over the last ninety days. Insiders own 4.50% of the company’s stock.

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About Everi Holdings

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.

Institutional Ownership by Quarter for Everi Holdings (NYSE:EVRI)

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