Cardtronics Inc. (NASDAQ:CATM)’s share price shot up 1.9% on Wednesday . The company traded as high as $42.08 and last traded at $42.04, with a volume of 442,152 shares traded. The stock had previously closed at $41.26.

A number of research firms have recently weighed in on CATM. Jefferies Group reaffirmed a “buy” rating and issued a $42.00 price target (up from $38.00) on shares of Cardtronics in a research note on Friday, March 18th. Zacks Investment Research raised shares of Cardtronics from a “sell” rating to a “hold” rating in a research report on Tuesday, April 5th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $41.50.

The stock has a market capitalization of $1.91 billion and a P/E ratio of 28.61. The stock’s 50 day moving average price is $39.93 and its 200-day moving average price is $35.79.

Cardtronics (NASDAQ:CATM) last announced its quarterly earnings results on Thursday, April 28th. The company reported $0.68 earnings per share for the quarter, topping analysts’ consensus estimates of $0.65 by $0.03. During the same period in the prior year, the business earned $0.64 earnings per share. The firm had revenue of $303.20 million for the quarter, compared to the consensus estimate of $293.40 million. The company’s revenue for the quarter was up 7.6% compared to the same quarter last year. On average, equities analysts predict that Cardtronics Inc. will post $3.13 EPS for the current fiscal year.

In related news, EVP Rick Updyke sold 17,910 shares of the business’s stock in a transaction on Tuesday, May 3rd. The shares were sold at an average price of $40.04, for a total value of $717,116.40. Following the sale, the executive vice president now directly owns 76,232 shares of the company’s stock, valued at approximately $3,052,329.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Gerardo Garcia sold 8,588 shares of the business’s stock in a transaction on Thursday, May 26th. The shares were sold at an average price of $38.37, for a total transaction of $329,521.56. Following the completion of the sale, the insider now directly owns 27,549 shares in the company, valued at $1,057,055.13. The disclosure for this sale can be found here.

A number of large investors recently bought and sold shares of the stock. Comerica Bank boosted its stake in Cardtronics by 1.7% in the fourth quarter. Comerica Bank now owns 47,928 shares of the company’s stock valued at $1,572,000 after buying an additional 818 shares in the last quarter. Nationwide Fund Advisors boosted its stake in Cardtronics by 12.8% in the fourth quarter. Nationwide Fund Advisors now owns 56,439 shares of the company’s stock valued at $1,899,000 after buying an additional 6,408 shares in the last quarter. Russell Frank Co boosted its stake in Cardtronics by 10.1% in the fourth quarter. Russell Frank Co now owns 142,951 shares of the company’s stock valued at $4,851,000 after buying an additional 13,107 shares in the last quarter. Century Capital Management LLC boosted its stake in Cardtronics by 2.5% in the fourth quarter. Century Capital Management LLC now owns 167,047 shares of the company’s stock valued at $5,621,000 after buying an additional 4,088 shares in the last quarter. Finally, State Board of Administration of Florida Retirement System boosted its stake in Cardtronics by 2.4% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 44,964 shares of the company’s stock valued at $1,513,000 after buying an additional 1,059 shares in the last quarter.

Cardtronics, Inc is a provider of automated consumer financial services. The Company provides these services through its network of automated teller machines (ATMs) and multi-function financial services kiosks. The Company’s operations consisted of its North America and Europe segments. Its North America segment includes operations in all 50 states, Puerto Rico, Canada and Mexico.

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