Russell Investments Group Ltd. trimmed its position in shares of Inspired Entertainment, Inc. (NASDAQ:INSE – Get Rating) by 5.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 127,795 shares of the company’s stock after selling 7,765 shares during the quarter. Russell Investments Group Ltd.’s holdings in Inspired Entertainment were worth $1,619,000 at the end of the most recent reporting period.
A number of other institutional investors also recently modified their holdings of the company. 683 Capital Management LLC raised its position in shares of Inspired Entertainment by 10.2% during the third quarter. 683 Capital Management LLC now owns 2,425,000 shares of the company’s stock worth $21,412,000 after purchasing an additional 225,000 shares during the period. BlackRock Inc. raised its position in Inspired Entertainment by 2.6% in the 3rd quarter. BlackRock Inc. now owns 1,343,311 shares of the company’s stock valued at $11,863,000 after buying an additional 34,339 shares during the last quarter. Cowen Prime Advisors LLC raised its position in Inspired Entertainment by 24.1% in the 4th quarter. Cowen Prime Advisors LLC now owns 997,800 shares of the company’s stock valued at $12,642,000 after buying an additional 194,050 shares during the last quarter. Samjo Capital LLC raised its position in Inspired Entertainment by 30.2% in the 3rd quarter. Samjo Capital LLC now owns 690,000 shares of the company’s stock valued at $5,420,000 after buying an additional 160,000 shares during the last quarter. Finally, Vanguard Group Inc. raised its position in Inspired Entertainment by 13.5% in the 3rd quarter. Vanguard Group Inc. now owns 514,145 shares of the company’s stock valued at $4,541,000 after buying an additional 61,347 shares during the last quarter. 96.61% of the stock is owned by institutional investors and hedge funds.
Inspired Entertainment Price Performance
Shares of Inspired Entertainment stock opened at $13.60 on Wednesday. Inspired Entertainment, Inc. has a 1 year low of $7.49 and a 1 year high of $16.44. The firm has a market cap of $357.27 million, a PE ratio of 19.16 and a beta of 1.63. The stock has a fifty day moving average price of $12.81 and a 200-day moving average price of $13.35.
Analysts Set New Price Targets
A number of equities research analysts recently commented on the company. Roth Mkm increased their price target on Inspired Entertainment from $18.00 to $21.00 and gave the company a “buy” rating in a research report on Wednesday, February 15th. JMP Securities increased their price target on Inspired Entertainment from $18.00 to $19.00 and gave the company a “market outperform” rating in a research report on Monday, April 17th. Finally, 500.com reissued a “maintains” rating on shares of Inspired Entertainment in a research report on Thursday, May 11th. Four equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $21.75.
About Inspired Entertainment
Inspired Entertainment, Inc is a game technology company, which engages in the provision of gaming systems. It operates through the following segments: Gaming, Virtual Sports, Interactive, Leisure, and Corporate. The Gaming segment supplies gaming terminals as well as gaming software and games for the terminals.
- Get a free copy of the StockNews.com research report on Inspired Entertainment (INSE)
- Airline ETFs: What They Are and How to Invest
- Williams-Sonoma Is The Retail Value Play, Here’s Why
- Ladder Corporation: Climbing Higher And Paying 9% Yield
- Microbot Medical spikes 150% on its Endovascular Surgical Robot
- PetMed Express: Charts Say This Could Be The Bottom
Want to see what other hedge funds are holding INSE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Inspired Entertainment, Inc. (NASDAQ:INSE – Get Rating).
Receive News & Ratings for Inspired Entertainment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Inspired Entertainment and related companies with MarketBeat.com's FREE daily email newsletter.