Teton Advisors LLC Invests $1.90 Million in Inspired Entertainment, Inc. $INSE

Teton Advisors LLC acquired a new stake in Inspired Entertainment, Inc. (NASDAQ:INSE) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 202,900 shares of the company’s stock, valued at approximately $1,903,000. Inspired Entertainment accounts for about 1.2% of Teton Advisors LLC’s investment portfolio, making the stock its 25th biggest holding.

Other institutional investors have also recently made changes to their positions in the company. BNP Paribas Financial Markets increased its stake in Inspired Entertainment by 428.0% during the 2nd quarter. BNP Paribas Financial Markets now owns 13,437 shares of the company’s stock worth $110,000 after buying an additional 10,892 shares during the period. Jane Street Group LLC purchased a new position in Inspired Entertainment in the 1st quarter valued at approximately $123,000. R Squared Ltd purchased a new position in Inspired Entertainment in the 3rd quarter valued at approximately $143,000. Clarus Group Inc. grew its stake in shares of Inspired Entertainment by 21.2% in the third quarter. Clarus Group Inc. now owns 16,998 shares of the company’s stock worth $159,000 after acquiring an additional 2,979 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Inspired Entertainment in the second quarter worth $164,000. Institutional investors and hedge funds own 77.38% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on INSE. BWS Financial reiterated a “buy” rating and issued a $20.00 price objective on shares of Inspired Entertainment in a research note on Monday, November 17th. Weiss Ratings reissued a “hold (c-)” rating on shares of Inspired Entertainment in a research note on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Inspired Entertainment currently has a consensus rating of “Moderate Buy” and a consensus target price of $14.00.

Inspired Entertainment Stock Down 1.4%

Shares of Inspired Entertainment stock opened at $7.95 on Friday. Inspired Entertainment, Inc. has a 52-week low of $6.51 and a 52-week high of $10.29. The company has a 50 day moving average of $8.81 and a 200 day moving average of $8.71. The company has a market capitalization of $214.09 million, a P/E ratio of 3.99 and a beta of 1.23.

Inspired Entertainment Company Profile

Inspired Entertainment, Inc (NASDAQ: INSE) is a business-to-business provider of digital gaming content and technology solutions for the global gaming industry. The company’s offerings include server-based gaming modules, virtual sports simulations, digital interactive content and mobile sports betting platforms. Inspired designs proprietary games and software that integrate with lotteries, casino operators, retail betting shops and online platforms, emphasizing reliable performance, rapid deployment and engaging player experiences.

At the core of Inspired’s product suite is its Virtual Sports catalog, which simulates sporting events using advanced algorithms and randomized outcomes.