Euronet Worldwide, Inc. (NASDAQ:EEFT) CEO Michael J. Brown sold 25,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 14th. The shares were sold at an average price of $94.21, for a total transaction of $2,355,250.00. Following the sale, the chief executive officer now owns 1,486,118 shares of the company’s stock, valued at $140,007,176.78. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Michael J. Brown also recently made the following trade(s):

  • On Friday, July 27th, Michael J. Brown sold 25,000 shares of Euronet Worldwide stock. The shares were sold at an average price of $93.27, for a total transaction of $2,331,750.00.

EEFT opened at $95.00 on Friday. The company has a market capitalization of $4.81 billion, a price-to-earnings ratio of 21.82, a PEG ratio of 1.37 and a beta of 1.49. Euronet Worldwide, Inc. has a 1-year low of $70.67 and a 1-year high of $101.07. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.18 and a quick ratio of 1.18.

Euronet Worldwide (NASDAQ:EEFT) last posted its quarterly earnings results on Tuesday, July 24th. The business services provider reported $1.32 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $1.32. The business had revenue of $622.20 million during the quarter, compared to analyst estimates of $618.93 million. Euronet Worldwide had a net margin of 6.11% and a return on equity of 21.71%. The company’s revenue was up 16.0% on a year-over-year basis. During the same period in the prior year, the business posted $1.09 earnings per share. equities research analysts anticipate that Euronet Worldwide, Inc. will post 5.15 earnings per share for the current fiscal year.

Several analysts recently issued reports on EEFT shares. ValuEngine lowered shares of Euronet Worldwide from a “hold” rating to a “sell” rating in a research report on Tuesday, June 26th. Zacks Investment Research lowered shares of Euronet Worldwide from a “hold” rating to a “sell” rating in a research report on Thursday, April 26th. BidaskClub upgraded shares of Euronet Worldwide from a “sell” rating to a “hold” rating in a research report on Friday, April 20th. Goldman Sachs Group lowered shares of Euronet Worldwide from a “buy” rating to a “neutral” rating and cut their target price for the company from $101.00 to $94.00 in a research report on Monday, June 11th. Finally, DA Davidson cut their target price on shares of Euronet Worldwide to $108.00 and set a “buy” rating for the company in a research report on Tuesday, April 24th. One analyst has rated the stock with a sell rating, four have issued a hold rating and eight have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $109.44.

Several institutional investors and hedge funds have recently bought and sold shares of the business. California Public Employees Retirement System boosted its position in shares of Euronet Worldwide by 22.4% in the second quarter. California Public Employees Retirement System now owns 127,582 shares of the business services provider’s stock worth $10,688,000 after purchasing an additional 23,314 shares during the period. Granahan Investment Management Inc. MA boosted its position in shares of Euronet Worldwide by 88.8% in the second quarter. Granahan Investment Management Inc. MA now owns 76,615 shares of the business services provider’s stock worth $6,418,000 after purchasing an additional 36,033 shares during the period. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp bought a new position in shares of Euronet Worldwide in the second quarter worth approximately $3,786,000. PEAK6 Investments L.P. boosted its position in shares of Euronet Worldwide by 264.1% in the second quarter. PEAK6 Investments L.P. now owns 8,241 shares of the business services provider’s stock worth $690,000 after purchasing an additional 13,263 shares during the period. Finally, Marshall Wace LLP bought a new position in shares of Euronet Worldwide in the second quarter worth approximately $397,000.

About Euronet Worldwide

Euronet Worldwide, Inc provides payment and transaction processing and distribution solutions to financial institutions, retailers, service providers, and individual consumers worldwide. The company operates in three segments: Electronic Financial Transaction (EFT) Processing, epay, and Money Transfer.

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