Euronet Worldwide, Inc. (NASDAQ:EEFT) CFO Rick Weller sold 12,400 shares of the stock in a transaction dated Wednesday, December 13th. The shares were sold at an average price of $92.01, for a total transaction of $1,140,924.00. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Shares of Euronet Worldwide, Inc. (NASDAQ EEFT) traded down $0.29 during trading on Thursday, hitting $91.28. 702,945 shares of the company traded hands, compared to its average volume of 310,971. The stock has a market cap of $4,846.13, a price-to-earnings ratio of 22.06, a P/E/G ratio of 1.42 and a beta of 1.36. The company has a quick ratio of 1.44, a current ratio of 1.48 and a debt-to-equity ratio of 0.50. Euronet Worldwide, Inc. has a 52-week low of $70.51 and a 52-week high of $101.07.

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

Several analysts have commented on the stock. BidaskClub raised shares of Euronet Worldwide from a “sell” rating to a “hold” rating in a research report on Thursday, December 7th. Goldman Sachs Group assumed coverage on shares of Euronet Worldwide in a research report on Thursday. They set a “buy” rating and a $110.00 price target for the company. Northland Securities reissued a “buy” rating and set a $110.00 price target on shares of Euronet Worldwide in a research report on Thursday, October 19th. Piper Jaffray Companies reissued a “buy” rating and set a $112.00 price target on shares of Euronet Worldwide in a research report on Sunday, October 22nd. Finally, Zacks Investment Research raised shares of Euronet Worldwide from a “hold” rating to a “buy” rating and set a $106.00 price target for the company in a research report on Tuesday, September 26th. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Euronet Worldwide presently has an average rating of “Buy” and a consensus price target of $108.86.

Several institutional investors have recently made changes to their positions in the stock. Public Employees Retirement System of Ohio raised its position in shares of 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 valued at $17,150,000 after purchasing an additional 3,712 shares during the last quarter. GSA Capital Partners LLP purchased a new position in shares of Euronet Worldwide in the 3rd quarter valued at approximately $1,031,000. Hahn Capital Management LLC raised its position in shares of Euronet Worldwide by 1.0% in the 3rd quarter. Hahn Capital Management LLC now owns 422,884 shares of the business services provider’s stock valued at $40,085,000 after purchasing an additional 4,024 shares during the last quarter. Insight Capital Research & Management Inc. purchased a new position in shares of Euronet Worldwide in the 3rd quarter valued at approximately $1,198,000. Finally, California Public Employees Retirement System raised its position in shares of 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 valued at $8,756,000 after purchasing an additional 2,573 shares during the last quarter. 95.39% of the stock is owned by hedge funds and other 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.

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

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