Euronet Worldwide, Inc. (NASDAQ:EEFT) CFO Rick Weller sold 12,400 shares of the firm’s stock in a transaction dated Wednesday, December 13th. The stock was sold at an average price of $92.01, for a total transaction of $1,140,924.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Shares of Euronet Worldwide, Inc. (NASDAQ EEFT) opened at $91.90 on Friday. The firm has a market cap of $4,841.38, a PE ratio of 22.04, a P/E/G ratio of 1.42 and a beta of 1.36. Euronet Worldwide, Inc. has a 52-week low of $70.51 and a 52-week high of $101.07. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.48 and a quick ratio of 1.44.
Euronet Worldwide (NASDAQ:EEFT) last issued its quarterly earnings data on Thursday, October 19th. The business services provider reported $1.61 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.61. The firm had revenue of $637.90 million for the quarter, compared to the consensus estimate of $595.09 million. Euronet Worldwide had a net margin of 9.63% and a return on equity of 22.46%. Euronet Worldwide’s quarterly revenue was up 21.7% compared to the same quarter last year. During the same period last year, the firm posted $1.35 EPS. equities analysts predict that Euronet Worldwide, Inc. will post 4.33 earnings per share for the current year.
A number of large investors have recently modified their holdings of the stock. Vanguard Group Inc. increased its stake in Euronet Worldwide by 1.8% during the 2nd quarter. Vanguard Group Inc. now owns 3,958,608 shares of the business services provider’s stock valued at $345,863,000 after buying an additional 69,689 shares during the period. Janus Henderson Group PLC acquired a new position in Euronet Worldwide during the 2nd quarter valued at about $329,644,000. FMR LLC increased its stake in Euronet Worldwide by 4.1% during the 2nd quarter. FMR LLC now owns 3,536,948 shares of the business services provider’s stock valued at $309,023,000 after buying an additional 138,659 shares during the period. Victory Capital Management Inc. increased its stake in Euronet Worldwide by 3.9% during the 2nd quarter. Victory Capital Management Inc. now owns 2,683,263 shares of the business services provider’s stock valued at $234,437,000 after buying an additional 100,544 shares during the period. Finally, Frontier Capital Management Co. LLC increased its stake in Euronet Worldwide by 0.5% during the 2nd quarter. Frontier Capital Management Co. LLC now owns 2,198,881 shares of the business services provider’s stock valued at $192,116,000 after buying an additional 10,750 shares during the period. Hedge funds and other institutional investors own 95.39% of the company’s stock.
TRADEMARK VIOLATION WARNING: “Insider Selling: Euronet Worldwide, Inc. (EEFT) CFO Sells $1,140,924.00 in Stock” was published by Sports Perspectives and is the property of of Sports Perspectives. If you are accessing this report on another publication, it was illegally copied and reposted in violation of U.S. & international copyright & trademark laws. The original version of this report can be read at https://sportsperspectives.com/2017/12/17/insider-selling-euronet-worldwide-inc-eeft-cfo-sells-1140924-00-in-stock.html.
About Euronet Worldwide
Euronet Worldwide, Inc is an electronic payments provider. The Company offers payment and transaction processing and distribution solutions to financial institutions, retailers, service providers and individual consumers. Its product offerings include automated teller machine (ATM), point-of-sale (POS), card outsourcing, card issuing and merchant acquiring services, electronic distribution of prepaid mobile airtime and other electronic payment products.
Receive News & Ratings for Euronet Worldwide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Euronet Worldwide and related companies with MarketBeat.com's FREE daily email newsletter.