Cardtronics PLC (CATM) Director Mark Rossi Acquires 2,500 Shares

Cardtronics PLC (NASDAQ:CATM) Director Mark Rossi purchased 2,500 shares of Cardtronics PLC stock in a transaction dated Monday, November 13th. The shares were purchased at an average cost of $16.81 per share, with a total value of $42,025.00. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Shares of Cardtronics PLC (NASDAQ CATM) traded down $0.56 during midday trading on Tuesday, hitting $16.70. 2,168,200 shares of the company were exchanged, compared to its average volume of 547,396. Cardtronics PLC has a fifty-two week low of $16.11 and a fifty-two week high of $56.00. The company has a current ratio of 0.82, a quick ratio of 0.78 and a debt-to-equity ratio of 2.64. The company has a market capitalization of $788.46, a PE ratio of 6.08, a P/E/G ratio of 0.54 and a beta of 0.75.

Cardtronics PLC (NASDAQ:CATM) last issued its quarterly earnings data on Thursday, November 2nd. The business services provider reported $0.96 earnings per share for the quarter, beating analysts’ consensus estimates of $0.86 by $0.10. Cardtronics PLC had a negative net margin of 9.37% and a positive return on equity of 29.32%. The business had revenue of $402.00 million for the quarter, compared to analysts’ expectations of $383.97 million. During the same period in the previous year, the business earned $0.98 earnings per share. The company’s revenue was up 22.4% on a year-over-year basis. analysts expect that Cardtronics PLC will post 2.65 EPS for the current year.

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Institutional investors have recently modified their holdings of the business. Riverhead Capital Management LLC raised its position in Cardtronics PLC by 77.7% in the second quarter. Riverhead Capital Management LLC now owns 3,731 shares of the business services provider’s stock worth $123,000 after acquiring an additional 1,631 shares in the last quarter. Flinton Capital Management LLC raised its position in Cardtronics PLC by 69.8% in the second quarter. Flinton Capital Management LLC now owns 4,088 shares of the business services provider’s stock worth $134,000 after acquiring an additional 1,680 shares in the last quarter. Petrus Trust Company LTA raised its position in Cardtronics PLC by 1.7% in the second quarter. Petrus Trust Company LTA now owns 6,191 shares of the business services provider’s stock worth $203,000 after acquiring an additional 104 shares in the last quarter. Campbell & CO Investment Adviser LLC bought a new stake in Cardtronics PLC in the second quarter worth about $205,000. Finally, Amalgamated Bank raised its position in Cardtronics PLC by 5.6% in the second quarter. Amalgamated Bank now owns 6,294 shares of the business services provider’s stock worth $207,000 after acquiring an additional 331 shares in the last quarter.

Several brokerages have recently issued reports on CATM. Zacks Investment Research downgraded shares of Cardtronics PLC from a “hold” rating to a “strong sell” rating in a report on Tuesday, July 18th. Lake Street Capital downgraded shares of Cardtronics PLC from a “buy” rating to a “hold” rating and reduced their price target for the company from $40.00 to $31.00 in a report on Tuesday, September 26th. William Blair cut shares of Cardtronics PLC from an “outperform” rating to a “market perform” rating in a research note on Monday, September 25th. SunTrust Banks, Inc. restated a “buy” rating and set a $25.00 price objective on shares of Cardtronics PLC in a research note on Friday, November 3rd. Finally, TheStreet cut shares of Cardtronics PLC from a “c” rating to a “d” rating in a research note on Friday, November 3rd. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $37.00.

About Cardtronics PLC

Cardtronics plc, formerly Cardtronics, Inc, provides automated consumer financial services through its network of automated teller machines (ATMS) and multi-function financial services kiosks. The Company’s operations consists of its North America, Europe, and Corporate & Other segments. Its ATM operations in the United States, Canada, Mexico and Puerto Rico are included in its North America segment.

Insider Buying and Selling by Quarter for Cardtronics PLC (NASDAQ:CATM)

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