Shares of Global Cash Access Holdings, Inc. (NYSE:GCA) Drops by -9.16%

On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange, Lucchese David, officer (EVP) of Global Cash Access Holdings, Inc. had purchased 1,000 shares on August 12, 2015 in a transaction. The price per share was $5.01 and the total amount of the disclosed transaction was $5,010.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.

Global Cash Access Holdings, Inc. (NYSE:GCA): According to 5 Analysts, The short term target price has been estimated at $ 9.The target price could deviate by a maximum of $1.22 from the forecast price. In the near term, the target price could hit a high of $10 and a low of $ 7.

Global Cash Access Holdings, Inc. (Holdings) is a holding company. The Company is a global provider of cash access and data intelligence services and solutions to the gaming industry. The Company operates in three segments: cash advance, ATM and check services. Its cash access products and services enable three primary types of electronic payment transactions: automated teller machine (ATM) cash withdrawals, credit card cash access transactions and point-of-sale (POS) debit card transactions. In addition, it also provides products and services that improve credit decision-making, automate cashier operations and enhance patron marketing activities for gaming establishments. It also sells and services cash access devices, such as slot machine ticket redemption and jackpot kiosks to the gaming industry. During the year ended December 31, 2011, the Company processed over 90 million transactions. On November 15, 2011, the Company acquired MCA Processing LLC.

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