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LAS VEGAS—Geoffrey P. Judge, a director at Everi Holdings Inc. (NYSE:EVRI), recently sold 7,332 shares of the company’s common stock. The transaction took place on March 10, 2025, at a price of $13.73 per share, totaling approximately $100,668. The sale occurred as the stock trades near its 52-week high of $13.83, with InvestingPro data showing an impressive 48% return over the past year.
Following this sale, Judge retains ownership of 84,240 shares in Everi Holdings. The shares sold were originally acquired through options granted in May 2014, which were exercised in March 2023, and held until the recent sale. According to InvestingPro analysis, Everi maintains robust gross profit margins of 79% and has received a FAIR overall financial health rating. Subscribers can access 8 additional ProTips and comprehensive financial metrics through the Pro Research Report.
Everi Holdings, based in Las Vegas, operates in the amusement and recreation services industry. The company, currently valued at $1.17 billion, has demonstrated strong operational performance despite market volatility.
In other recent news, Everi Holdings has released its fourth-quarter financials, which were made public in a 10-K filing on March 3, 2025. Stifel analysts have reviewed these financials and decided to maintain their Hold rating on Everi’s stock, with a consistent price target of $14.25. The firm’s analysis indicates that the forecasted Adjusted EBITDA for the fiscal years 2025 and 2026 remains largely unchanged. Stifel’s report also suggests that the risks associated with Everi’s acquisition by Apollo are minimal. This acquisition is valued at $14.25 per share in cash and is expected to close in the third quarter of 2025. Furthermore, Everi’s stock is currently trading at approximately a 4% gross spread to the offer price. Stifel’s price target aligns with the cash offer proposed by Apollo, reflecting confidence in the deal’s completion as planned. These developments provide investors with the latest insights as they assess Everi Holdings’ stock performance amidst the acquisition and recent financial disclosures.
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