Insider Selling: Euronet Worldwide, Inc. (EEFT) CFO Sells 15,601 Shares of Stock

Euronet Worldwide, Inc. (NASDAQ:EEFT) CFO Rick Weller sold 15,601 shares of the company’s stock in a transaction that occurred on Friday, December 15th. The shares were sold at an average price of $92.01, for a total value of $1,435,448.01. Following the completion of the sale, the chief financial officer now owns 80,285 shares in the company, valued at approximately $7,387,022.85. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Rick Weller also recently made the following trade(s):

  • On Wednesday, December 13th, Rick Weller sold 12,400 shares of Euronet Worldwide stock. The shares were sold at an average price of $92.01, for a total value of $1,140,924.00.

Euronet Worldwide, Inc. (EEFT) traded up $0.62 during trading on Monday, reaching $91.90. The company’s stock had a trading volume of 495,300 shares, compared to its average volume of 311,732. The company has a current ratio of 1.48, a quick ratio of 1.44 and a debt-to-equity ratio of 0.50. Euronet Worldwide, Inc. has a 1-year low of $70.51 and a 1-year high of $101.07. The stock has a market cap of $4,700.00, a price-to-earnings ratio of 22.04, a PEG ratio of 1.42 and a beta of 1.36.

Euronet Worldwide (NASDAQ:EEFT) last released its quarterly earnings data on Thursday, October 19th. The business services provider reported $1.61 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.61. Euronet Worldwide had a return on equity of 22.46% and a net margin of 9.63%. The business had revenue of $637.90 million for the quarter, compared to analyst estimates of $595.09 million. During the same quarter in the prior year, the firm posted $1.35 EPS. The business’s quarterly revenue was up 21.7% compared to the same quarter last year. sell-side analysts forecast that Euronet Worldwide, Inc. will post 4.33 earnings per share for the current fiscal year.

Institutional investors have recently added to or reduced their stakes in the business. Bristlecone Advisors LLC purchased a new stake in Euronet Worldwide in the 3rd quarter worth approximately $113,000. Fiduciary Trust Co. purchased a new position in shares of Euronet Worldwide during the 2nd quarter valued at approximately $122,000. The Manufacturers Life Insurance Company lifted its position in shares of Euronet Worldwide by 7.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,696 shares of the business services provider’s stock valued at $149,000 after buying an additional 116 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Euronet Worldwide by 10.3% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,796 shares of the business services provider’s stock valued at $157,000 after buying an additional 167 shares in the last quarter. Finally, Turner Investments LLC purchased a new position in shares of Euronet Worldwide during the 3rd quarter valued at approximately $174,000. Institutional investors and hedge funds own 95.39% of the company’s stock.

A number of equities research analysts recently commented on EEFT shares. Zacks Investment Research upgraded Euronet Worldwide from a “hold” rating to a “buy” rating and set a $106.00 target price on the stock in a research report on Tuesday, September 26th. SunTrust Banks restated a “buy” rating and issued a $120.00 price objective on shares of Euronet Worldwide in a research report on Friday, October 6th. Northland Securities restated a “buy” rating and issued a $110.00 price objective on shares of Euronet Worldwide in a research report on Thursday, October 19th. Piper Jaffray Companies restated a “buy” rating and issued a $112.00 price objective on shares of Euronet Worldwide in a research report on Sunday, October 22nd. Finally, BidaskClub upgraded Euronet Worldwide from a “sell” rating to a “hold” rating in a research report on Thursday, December 7th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and seven have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $108.86.

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Euronet Worldwide Company Profile

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.

Insider Buying and Selling by Quarter for Euronet Worldwide (NASDAQ:EEFT)

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