Inspired Entertainment, Inc. (NASDAQ:INSE – Free Report) – Analysts at B. Riley dropped their Q4 2024 earnings estimates for Inspired Entertainment in a report released on Monday, November 11th. B. Riley analyst D. Bain now anticipates that the company will post earnings of $0.21 per share for the quarter, down from their previous forecast of $0.26. The consensus estimate for Inspired Entertainment’s current full-year earnings is $0.50 per share. B. Riley also issued estimates for Inspired Entertainment’s Q2 2025 earnings at $0.19 EPS and FY2025 earnings at $0.73 EPS.
Several other equities research analysts have also recently weighed in on INSE. Macquarie reduced their price target on Inspired Entertainment from $11.00 to $10.00 and set a “neutral” rating on the stock in a research note on Friday, August 9th. Craig Hallum upgraded Inspired Entertainment to a “strong-buy” rating in a research note on Thursday, October 17th.
Inspired Entertainment Stock Up 0.8 %
Inspired Entertainment stock opened at $10.65 on Wednesday. Inspired Entertainment has a fifty-two week low of $7.36 and a fifty-two week high of $11.00. The stock’s 50 day simple moving average is $9.37 and its two-hundred day simple moving average is $9.05.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the company. Foundry Partners LLC grew its holdings in shares of Inspired Entertainment by 12.8% during the third quarter. Foundry Partners LLC now owns 529,380 shares of the company’s stock valued at $4,907,000 after buying an additional 59,915 shares during the last quarter. GSA Capital Partners LLP bought a new position in Inspired Entertainment in the 3rd quarter valued at approximately $106,000. Private Management Group Inc. boosted its stake in Inspired Entertainment by 35.5% during the 3rd quarter. Private Management Group Inc. now owns 1,633,593 shares of the company’s stock valued at $15,143,000 after purchasing an additional 428,312 shares during the last quarter. Clarus Group Inc. bought a new stake in shares of Inspired Entertainment in the 3rd quarter worth $116,000. Finally, Bfsg LLC raised its stake in shares of Inspired Entertainment by 39.0% in the third quarter. Bfsg LLC now owns 13,725 shares of the company’s stock worth $127,000 after purchasing an additional 3,850 shares during the last quarter. 77.38% of the stock is owned by hedge funds and other institutional investors.
About Inspired Entertainment
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.
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