Cardtronics Inc. (NASDAQ:CATM) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as $43.37 and last traded at $43.08, with a volume of 134,680 shares changing hands. The stock had previously closed at $43.03.

Separately, Zacks Investment Research downgraded Cardtronics from a “buy” rating to a “hold” rating in a report on Thursday, May 5th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Cardtronics currently has a consensus rating of “Buy” and an average price target of $41.50.

The firm has a 50-day moving average of $40.40 and a 200 day moving average of $36.06. The firm has a market capitalization of $1.95 billion and a price-to-earnings ratio of 29.26.

Cardtronics (NASDAQ:CATM) last issued its earnings results on Thursday, April 28th. The company reported $0.68 earnings per share for the quarter, topping the consensus estimate of $0.65 by $0.03. The business had revenue of $303.20 million for the quarter, compared to analyst estimates of $293.40 million. During the same period last year, the business posted $0.64 EPS. Cardtronics’s revenue was up 7.6% on a year-over-year basis. On average, analysts anticipate that Cardtronics Inc. will post $3.12 earnings per share for the current year.

In related news, insider Patrick Michael Mccarthy sold 3,033 shares of the firm’s stock in a transaction that occurred on Monday, May 9th. The stock was sold at an average price of $38.47, for a total transaction of $116,679.51. Following the transaction, the insider now owns 29,865 shares in the company, valued at approximately $1,148,906.55. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Rick Updyke sold 17,910 shares of the firm’s stock in a transaction that occurred on Tuesday, May 3rd. The stock was sold at an average price of $40.04, for a total value of $717,116.40. Following the transaction, the executive vice president now owns 76,232 shares in the company, valued at approximately $3,052,329.28. The disclosure for this sale can be found here.

Other hedge funds and institutional investors have recently added to or reduced their stakes in the company. State Board of Administration of Florida Retirement System increased its position 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 worth $1,513,000 after buying an additional 1,059 shares in the last quarter. Pear Tree Advisors Inc. purchased a new position in Cardtronics during the fourth quarter worth about $1,554,000. Comerica Bank increased its position in Cardtronics by 1.7% in the fourth quarter. Comerica Bank now owns 47,928 shares of the company’s stock worth $1,572,000 after buying an additional 818 shares in the last quarter. US Bancorp DE increased its position in Cardtronics by 12.2% in the fourth quarter. US Bancorp DE now owns 56,122 shares of the company’s stock worth $1,888,000 after buying an additional 6,115 shares in the last quarter. Finally, Nationwide Fund Advisors increased its position in Cardtronics by 12.8% in the fourth quarter. Nationwide Fund Advisors now owns 56,439 shares of the company’s stock worth $1,899,000 after buying an additional 6,408 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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