Cardtronics PLC (NASDAQ:CATM) was the recipient of some unusual options trading activity on Wednesday. Traders purchased 1,120 put options on the company. This represents an increase of 2,096% compared to the average daily volume of 51 put options.

A number of research firms have recently commented on CATM. ValuEngine lowered shares of Cardtronics from a “buy” rating to a “hold” rating in a research report on Sunday, December 31st. BidaskClub raised shares of Cardtronics from a “sell” rating to a “hold” rating in a research report on Wednesday, January 3rd. William Blair lowered shares of Cardtronics from an “outperform” rating to a “market perform” rating in a research report on Monday, September 25th. Zacks Investment Research lowered shares of Cardtronics from a “hold” rating to a “sell” rating in a research report on Tuesday, January 2nd. Finally, SunTrust Banks reissued a “buy” rating and issued a $25.00 price target on shares of Cardtronics in a research report on Friday, November 3rd. One research analyst has rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $32.00.

In other news, Director Dennis Lynch purchased 5,000 shares of the company’s stock in a transaction dated Tuesday, November 7th. The shares were bought at an average price of $17.00 per share, with a total value of $85,000.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Mark Rossi purchased 2,500 shares of the company’s stock in a transaction dated Monday, November 13th. The stock was purchased at an average cost of $16.81 per share, for a total transaction of $42,025.00. The disclosure for this purchase can be found here. Insiders acquired 20,000 shares of company stock valued at $343,150 over the last quarter. Corporate insiders own 1.20% of the company’s stock.

Hedge funds have recently made changes to their positions in the stock. Riverhead Capital Management LLC increased its position in Cardtronics by 77.7% during 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 during the period. Flinton Capital Management LLC increased its position in Cardtronics by 69.8% during 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 during the period. Zions Bancorporation bought a new position in Cardtronics during the third quarter worth $157,000. SG Americas Securities LLC bought a new position in Cardtronics during the third quarter worth $180,000. Finally, Petrus Trust Company LTA increased its position in Cardtronics by 1.7% during 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 during the period.

Cardtronics (CATM) opened at $21.67 on Friday. Cardtronics has a 52-week low of $15.80 and a 52-week high of $55.71. The stock has a market cap of $986.18, a price-to-earnings ratio of -7.25, a P/E/G ratio of 0.90 and a beta of 0.64. The company has a debt-to-equity ratio of 2.64, a quick ratio of 0.78 and a current ratio of 0.82.

Cardtronics (NASDAQ:CATM) last announced its earnings results on Thursday, November 2nd. The business services provider reported $0.96 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.86 by $0.10. Cardtronics 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 analyst estimates of $383.97 million. During the same quarter in the previous year, the firm posted $0.98 earnings per share. Cardtronics’s revenue was up 22.4% compared to the same quarter last year. analysts expect that Cardtronics will post 2.66 EPS for the current fiscal year.

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Cardtronics Company Profile

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.

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