Key Points
- CEO Brooks Pierce bought 10,000 shares on Nov. 20 at an average price of $7.04, spending $70,400 and increasing his direct stake to 12,000 shares—a 500.00% increase—as disclosed in an SEC filing.
- Inspired opened at $7.40 and trades in a 1‑year range of $6.51–$11.61 with a market cap of $199.28M; the company reported $0.30 EPS on $77.6M revenue last quarter, a PE of 3.72, and 50/200‑day moving averages near $8.36/$8.47.
- Analysts hold a consensus Moderate Buy with an average target of $14.00 (one Strong Buy, four Buy, three Hold), and institutional investors own about 77.38% of the stock.
Inspired Entertainment, Inc. (NASDAQ:INSE - Get Free Report) CEO Brooks Pierce acquired 10,000 shares of the business's stock in a transaction on Thursday, November 20th. The stock was purchased at an average price of $7.04 per share, for a total transaction of $70,400.00. Following the acquisition, the chief executive officer directly owned 12,000 shares in the company, valued at $84,480. This represents a 500.00% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Inspired Entertainment Price Performance
Shares of Inspired Entertainment stock opened at $7.40 on Tuesday. Inspired Entertainment, Inc. has a 1-year low of $6.51 and a 1-year high of $11.61. The company has a market capitalization of $199.28 million, a PE ratio of 3.72 and a beta of 1.70. The business has a 50-day moving average of $8.36 and a 200-day moving average of $8.47.
Inspired Entertainment (NASDAQ:INSE - Get Free Report) last issued its quarterly earnings results on Tuesday, November 29th. The company reported $0.30 EPS for the quarter. Inspired Entertainment had a negative return on equity of 1,176.67% and a net margin of 18.78%.The firm had revenue of $77.60 million during the quarter. On average, equities analysts expect that Inspired Entertainment, Inc. will post 0.3 earnings per share for the current fiscal year.
Analyst Ratings Changes
A number of analysts have recently weighed in on INSE shares. Macquarie reissued a "neutral" rating and set a $10.00 price target on shares of Inspired Entertainment in a research report on Thursday, August 7th. Zacks Research upgraded shares of Inspired Entertainment from a "strong sell" rating to a "hold" rating in a research note on Friday, September 5th. Weiss Ratings reissued a "hold (c-)" rating on shares of Inspired Entertainment in a research report on Wednesday, November 19th. Finally, BWS Financial reaffirmed a "buy" rating and set a $20.00 price target on shares of Inspired Entertainment in a research report on Monday, November 17th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $14.00.
Read Our Latest Stock Report on Inspired Entertainment
Institutional Trading of Inspired Entertainment
A number of institutional investors and hedge funds have recently modified their holdings of INSE. National Bank of Canada FI bought a new position in shares of Inspired Entertainment in the 1st quarter worth about $31,000. MetLife Investment Management LLC lifted its holdings in Inspired Entertainment by 28.7% in the first quarter. MetLife Investment Management LLC now owns 12,341 shares of the company's stock worth $105,000 after acquiring an additional 2,751 shares during the last quarter. BNP Paribas Financial Markets boosted its stake in Inspired Entertainment by 428.0% in the second quarter. BNP Paribas Financial Markets now owns 13,437 shares of the company's stock valued at $110,000 after acquiring an additional 10,892 shares during the period. Jane Street Group LLC bought a new position in shares of Inspired Entertainment during the first quarter valued at approximately $123,000. Finally, R Squared Ltd acquired a new stake in shares of Inspired Entertainment during the 3rd quarter worth approximately $143,000. 77.38% of the stock is owned by institutional investors and hedge funds.
Inspired Entertainment Company Profile
(
Get Free Report)
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
