Cardtronics Inc. (NASDAQ:CATM) reached a new 52-week high during trading on Tuesday . The stock traded as high as $41.43 and last traded at $41.34, with a volume of 167,462 shares. The stock had previously closed at $40.41.

A number of equities research analysts have issued reports on CATM shares. Zacks Investment Research upgraded Cardtronics from a “hold” rating to a “buy” rating and set a $45.00 price target for the company in a research note on Tuesday, May 3rd. Jefferies Group reiterated a “buy” rating and issued a $42.00 price target (up previously from $38.00) on shares of Cardtronics in a research note on Friday, March 18th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $41.50.

The company has a market capitalization of $1.91 billion and a price-to-earnings ratio of 28.61. The company’s 50-day moving average is $39.93 and its 200-day moving average is $35.79.

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

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

Several institutional investors recently modified their holdings of the company. Pear Tree Advisors Inc. bought a new position in shares of Cardtronics during the fourth quarter valued at approximately $1,554,000. US Bancorp DE raised its position in shares of Cardtronics by 12.2% in the fourth quarter. US Bancorp DE now owns 56,122 shares of the company’s stock valued at $1,888,000 after buying an additional 6,115 shares in the last quarter. Atlantic Trust Group LLC raised its position in shares of Cardtronics by 0.4% in the fourth quarter. Atlantic Trust Group LLC now owns 268,273 shares of the company’s stock valued at $9,028,000 after buying an additional 1,088 shares in the last quarter. Century Capital Management LLC raised its position in shares of 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, Principal Financial Group Inc. raised its position in shares of Cardtronics by 4.7% in the fourth quarter. Principal Financial Group Inc. now owns 295,951 shares of the company’s stock valued at $9,959,000 after buying an additional 13,199 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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