Inspired Entertainment (INSE) Position Raised by Deutsche Bank AG


Deutsche Bank AG increased its holdings in Inspired Entertainment (NASDAQ:INSE) by 91.3% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 23,320 shares of the company’s stock after acquiring an additional 11,129 shares during the quarter. Deutsche Bank AG’s holdings in Inspired Entertainment were worth $227,000 at the end of the most recent reporting period.


Separately, Renaissance Technologies LLC purchased a new stake in shares of Inspired Entertainment in the fourth quarter worth $156,000. Institutional investors and hedge funds own 33.43% of the company’s stock.

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In other Inspired Entertainment news, CEO Luke Lyon Alvarez acquired 5,000 shares of the stock in a transaction that occurred on Monday, February 26th. The shares were bought at an average price of $5.49 per share, for a total transaction of $27,450.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 21.76% of the company’s stock.


Shares of INSE stock opened at $6.45 on Tuesday. The company has a quick ratio of 0.64, a current ratio of 0.72 and a debt-to-equity ratio of -22.27. Inspired Entertainment has a 52-week low of $4.40 and a 52-week high of $14.00.

Inspired Entertainment (NASDAQ:INSE) last issued its quarterly earnings data on Wednesday, May 9th. The company reported ($0.02) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.27) by $0.25. Inspired Entertainment had a negative return on equity of 7,330.75% and a negative net margin of 16.34%. The company had revenue of $37.45 million for the quarter, compared to the consensus estimate of $33.10 million. analysts anticipate that Inspired Entertainment will post -0.55 earnings per share for the current year.


Separately, ValuEngine upgraded Inspired Entertainment from a “sell” rating to a “hold” rating in a research report on Tuesday, April 24th.

About Inspired Entertainment

Inspired Entertainment, Inc, a games technology company, focuses on the development and sale of software systems and digital terminals worldwide. The company operates through two segments, Service Based Gaming (SBG) and Virtual Sports. The SBG segment designs, develops, markets, and distributes a portfolio of products and services through its digital network architecture to betting offices, casinos, gaming hall and bingo operators, and lotteries, as well as government affiliated and licensed operators.

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Institutional Ownership by Quarter for Inspired Entertainment (NASDAQ:INSE)

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