Inspired Entertainment, Inc. (NASDAQ:INSE) Given Average Recommendation of “Hold” by Analysts

Inspired Entertainment, Inc. (NASDAQ:INSE) has been given an average rating of “Hold” by the four analysts that are currently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $15.00.

A number of research firms recently commented on INSE. Zacks Research raised shares of Inspired Entertainment from a “strong sell” rating to a “hold” rating in a report on Thursday. BWS Financial reiterated a “buy” rating and issued a $20.00 price objective on shares of Inspired Entertainment in a research note on Wednesday, March 11th. Finally, Weiss Ratings downgraded Inspired Entertainment from a “hold (c-)” rating to a “sell (d)” rating in a research note on Wednesday, March 11th.

Inspired Entertainment Stock Performance

Shares of INSE stock opened at $7.96 on Tuesday. Inspired Entertainment has a 52-week low of $6.10 and a 52-week high of $9.95. The company has a 50-day simple moving average of $7.17 and a two-hundred day simple moving average of $8.09. The company has a market capitalization of $212.29 million, a price-to-earnings ratio of -13.05 and a beta of 1.19.

Inspired Entertainment (NASDAQ:INSE) last announced its earnings results on Thursday, May 7th. The company reported ($0.02) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.15) by $0.13. The firm had revenue of $57.20 million for the quarter, compared to the consensus estimate of $58.89 million. Inspired Entertainment had a negative return on equity of 1,176.67% and a negative net margin of 5.78%. On average, sell-side analysts forecast that Inspired Entertainment will post 0.25 EPS for the current fiscal year.

Insider Activity at Inspired Entertainment

In related news, Chairman A Lorne Weil bought 21,659 shares of the company’s stock in a transaction on Thursday, March 26th. The shares were purchased at an average price of $6.85 per share, for a total transaction of $148,364.15. Following the completion of the transaction, the chairman directly owned 602,771 shares in the company, valued at approximately $4,128,981.35. The trade was a 3.73% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Brooks H. Pierce acquired 13,332 shares of the company’s stock in a transaction that occurred on Thursday, March 26th. The shares were bought at an average cost of $6.88 per share, for a total transaction of $91,724.16. Following the acquisition, the chief executive officer directly owned 52,407 shares in the company, valued at $360,560.16. This represents a 34.12% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders have bought 80,000 shares of company stock worth $545,748. Insiders own 13.10% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. LSV Asset Management bought a new position in Inspired Entertainment in the 4th quarter valued at $93,000. BNP Paribas Financial Markets raised its position in shares of Inspired Entertainment by 428.0% during the 2nd quarter. BNP Paribas Financial Markets now owns 13,437 shares of the company’s stock valued at $110,000 after buying an additional 10,892 shares in the last quarter. Clarus Group Inc. raised its position in shares of Inspired Entertainment by 16.2% during the 1st quarter. Clarus Group Inc. now owns 15,591 shares of the company’s stock valued at $111,000 after buying an additional 2,170 shares in the last quarter. Jane Street Group LLC purchased a new stake in shares of Inspired Entertainment during the 1st quarter valued at $123,000. Finally, R Squared Ltd purchased a new stake in shares of Inspired Entertainment during the 3rd quarter valued at $143,000. 77.38% of the stock is owned by institutional investors.

About Inspired Entertainment

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.