Euronet Worldwide, Inc. (EEFT) CEO Sells $1,824,400.00 in Stock
Euronet Worldwide, Inc. (NASDAQ:EEFT) CEO Michael J. Brown sold 20,000 shares of the firm’s stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $91.22, for a total value of $1,824,400.00. Following the completion of the transaction, the chief executive officer now directly owns 1,522,348 shares in the company, valued at $138,868,584.56. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Euronet Worldwide, Inc. (EEFT) opened at $86.80 on Wednesday. Euronet Worldwide, Inc. has a twelve month low of $71.83 and a twelve month high of $101.07. The company has a market capitalization of $4,672.81, a price-to-earnings ratio of 22.96, a P/E/G ratio of 1.17 and a beta of 1.43. The company has a quick ratio of 1.44, a current ratio of 1.48 and a debt-to-equity ratio of 0.50.
A number of institutional investors have recently made changes to their positions in the stock. Parametric Portfolio Associates LLC increased its stake in Euronet Worldwide by 3.8% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 64,547 shares of the business services provider’s stock worth $5,639,000 after buying an additional 2,361 shares in the last quarter. California Public Employees Retirement System increased its stake in Euronet Worldwide by 2.9% in the 3rd quarter. California Public Employees Retirement System now owns 92,373 shares of the business services provider’s stock worth $8,756,000 after buying an additional 2,573 shares in the last quarter. Magnetar Financial LLC increased its stake in Euronet Worldwide by 514.3% in the 3rd quarter. Magnetar Financial LLC now owns 15,326 shares of the business services provider’s stock worth $1,453,000 after buying an additional 12,831 shares in the last quarter. Public Employees Retirement System of Ohio increased its stake in Euronet Worldwide by 2.1% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 180,924 shares of the business services provider’s stock worth $17,150,000 after buying an additional 3,712 shares in the last quarter. Finally, GSA Capital Partners LLP purchased a new stake in Euronet Worldwide in the 3rd quarter worth $1,031,000. 93.68% of the stock is currently owned by institutional investors.
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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.
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