Cardtronics Inc. (NASDAQ:CATM) shares traded down 3.6% on Friday . The stock traded as low as $45.02 and last traded at $45.75, with a volume of 206,351 shares changing hands. The stock had previously closed at $47.44.

Several research analysts have recently weighed in on the stock. Barrington Research cut shares of Cardtronics from an “outperform” rating to a “market perform” rating in a report on Friday, July 29th. JPMorgan Chase & Co. cut shares of Cardtronics from an “overweight” rating to a “neutral” rating and upped their price target for the company from $45.00 to $50.00 in a report on Friday. Jefferies Group upped their price target on shares of Cardtronics from $46.00 to $52.00 and gave the company a “buy” rating in a report on Monday, August 1st. Finally, Zacks Investment Research upgraded shares of Cardtronics from a “hold” rating to a “buy” rating and set a $45.00 target price for the company in a report on Tuesday, May 3rd. Four analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $44.80.

The company has a 50-day moving average of $43.83 and a 200 day moving average of $38.10. The firm has a market capitalization of $2.07 billion and a price-to-earnings ratio of 28.80.

Cardtronics (NASDAQ:CATM) last released its quarterly earnings results on Thursday, July 28th. The company reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.77 by $0.03. The firm had revenue of $324 million for the quarter, compared to the consensus estimate of $315.48 million. The firm’s revenue for the quarter was up 6.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.71 EPS. On average, equities analysts forecast that Cardtronics Inc. will post $3.25 EPS for the current fiscal year.

In other Cardtronics news, insider Gerardo Garcia sold 8,588 shares of the firm’s stock in a transaction that occurred 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 transaction, the insider now owns 27,549 shares in the company, valued at approximately $1,057,055.13. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Rick Updyke sold 9,182 shares of the firm’s stock in a transaction that occurred on Tuesday, August 16th. The stock was sold at an average price of $47.15, for a total transaction of $432,931.30. Following the transaction, the executive vice president now owns 67,050 shares of the company’s stock, valued at approximately $3,161,407.50. The disclosure for this sale can be found here.

An institutional investor recently raised its position in Cardtronics stock. US Bancorp DE increased its stake in shares of Cardtronics Inc. (NASDAQ:CATM) by 12.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 56,122 shares of the company’s stock after buying an additional 6,115 shares during the period. US Bancorp DE owned about 0.12% of Cardtronics worth $1,888,000 as of its most recent filing with the SEC.

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.