Inspired Entertainment (NASDAQ:INSE) President and Chief Executive Officer Pierce Brooks H. bought additional common shares of the company in three separate transactions conducted between March 25 and March 27, 2026, according to a Form 4 filing with the Securities and Exchange Commission.
The total outlay for the purchases was $136,633. On March 25, Brooks acquired 1,668 shares at a weighted average price of $6.66, with execution prices ranging from $6.60 to $6.70. The following day, March 26, he purchased 13,332 shares at a weighted average of $6.88, in a price range from $6.80 to $7.00. The final tranche on March 27 comprised 5,000 shares bought at a weighted average price of $6.76, with trade prices spanning $6.65 to $6.89.
After these transactions, Pierce Brooks H. directly holds 57,407 shares of Inspired Entertainment stock. He also maintains indirect ownership of 300,862 shares through a grantor retained annuity trust (GRAT), as disclosed in the same filing.
The insider buying came while the shares were trading at $6.68, close to a 52-week low of $6.10, despite recording a notable 9.3% gain over the preceding week. InvestingPro analysis referenced in public materials indicates the shares may be undervalued at current levels and cites a Fair Value that implies meaningful upside potential; a more detailed Pro Research Report is available for subscribers covering INSE and other U.S. equities.
These ownership moves arrive in the wake of Inspired Entertainment’s fourth-quarter 2025 results, which were mixed. The company reported earnings per share of -$0.18, falling short of the expected $0.24 and representing a 175% negative surprise versus estimates. Revenue, however, beat expectations, coming in at $77.2 million compared with the forecasted $75.59 million, a 2.13% positive surprise.
Separately, Citizens has reiterated a Market Outperform rating on Inspired Entertainment with a price target of $11.00. The firm anticipates first-quarter 2026 EBITDA to increase by at least 20% year-over-year to $22 million. For full-year 2026, Citizens projects EBITDA guidance at a $115 million midpoint, which it says aligns with consensus, and notes that growth is expected to accelerate in the second half of the year.
The combination of insider purchases, valuation commentary, and mixed quarterly results presents a layered snapshot of company developments. The CEO’s purchases increased his direct stake modestly and aggregate exposure materially when accounting for holdings in the GRAT. The company’s reported operating performance and external analyst expectations offer context for those trades, while the near-term outlook set by the analyst centers on improving EBITDA later in the year.
Key points
- Pierce Brooks H. purchased a total of 20,000 shares across three trades between March 25-27, 2026, for $136,633 in aggregate.
- Following the transactions, the CEO directly owns 57,407 shares and indirectly owns 300,862 shares through a GRAT.
- Q4 2025 results were mixed: EPS missed at -$0.18 versus $0.24 expected, while revenue beat at $77.2 million versus $75.59 million; Citizens maintains a Market Outperform rating with an $11.00 target and forecasts rising EBITDA in 2026.
Risks and uncertainties
- Quarterly profitability disappointed expectations with EPS of -$0.18, indicating near-term earnings volatility for the company and potential impacts on investor sentiment.
- Stock remains near its 52-week low of $6.10, suggesting limited near-term price support even after insider purchases and short-term weekly gains.
- Consensus and analyst guidance point to a later-year acceleration in growth; if the anticipated EBITDA improvement does not materialize, market expectations and the stock could be affected.