Euronet Worldwide, Inc. (NASDAQ:EEFT – Get Free Report) CEO Nikos Fountas sold 21,479 shares of the stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $103.56, for a total value of $2,224,365.24. Following the sale, the chief executive officer now owns 52,370 shares of the company’s stock, valued at $5,423,437.20. This represents a 29.09 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Euronet Worldwide Stock Down 1.4 %
Shares of EEFT stock opened at $103.40 on Friday. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.88. The stock has a market cap of $4.54 billion, a P/E ratio of 14.94, a P/E/G ratio of 0.94 and a beta of 1.44. Euronet Worldwide, Inc. has a 12 month low of $90.92 and a 12 month high of $117.66. The company has a 50 day simple moving average of $101.51 and a two-hundred day simple moving average of $102.88.
Euronet Worldwide (NASDAQ:EEFT – Get Free Report) last announced its quarterly earnings data on Wednesday, October 23rd. The business services provider reported $3.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.92 by $0.11. Euronet Worldwide had a return on equity of 26.86% and a net margin of 8.49%. The company had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.04 billion. During the same period in the previous year, the company posted $2.53 EPS. On average, research analysts expect that Euronet Worldwide, Inc. will post 7.87 earnings per share for the current year.
Wall Street Analysts Forecast Growth
Read Our Latest Research Report on Euronet Worldwide
Institutional Trading of Euronet Worldwide
Several institutional investors and hedge funds have recently modified their holdings of EEFT. Oppenheimer & Co. Inc. lifted its holdings in Euronet Worldwide by 0.7% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 18,074 shares of the business services provider’s stock worth $1,793,000 after purchasing an additional 133 shares in the last quarter. Arizona State Retirement System lifted its holdings in shares of Euronet Worldwide by 1.1% in the second quarter. Arizona State Retirement System now owns 12,176 shares of the business services provider’s stock worth $1,260,000 after buying an additional 135 shares in the last quarter. Vanguard Personalized Indexing Management LLC lifted its holdings in shares of Euronet Worldwide by 6.5% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 2,350 shares of the business services provider’s stock worth $243,000 after buying an additional 143 shares in the last quarter. HighTower Advisors LLC boosted its position in shares of Euronet Worldwide by 0.6% during the third quarter. HighTower Advisors LLC now owns 25,674 shares of the business services provider’s stock worth $2,540,000 after acquiring an additional 158 shares during the last quarter. Finally, State of Alaska Department of Revenue grew its stake in Euronet Worldwide by 3.6% during the third quarter. State of Alaska Department of Revenue now owns 4,903 shares of the business services provider’s stock valued at $486,000 after acquiring an additional 170 shares in the last quarter. 91.60% of the stock is currently owned by institutional investors.
Euronet Worldwide Company Profile
Euronet Worldwide, Inc provides payment and transaction processing and distribution solutions to financial institutions, retailers, service providers, and individual consumers worldwide. It operates through three segments: Electronic Fund Transfer Processing, epay, and Money Transfer. The Electronic Fund Transfer Processing segment provides electronic payment solutions, including automated teller machine (ATM) cash withdrawal and deposit services, ATM network participation, outsourced ATM and point-of-sale (POS) management solutions, credit and debit and prepaid card outsourcing, card issuing, and merchant acquiring services.
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