EVO Payments Inc (NASDAQ:EVOP) EVP Groot Steven J. De sold 60,000 shares of EVO Payments stock in a transaction on Thursday, December 6th. The stock was sold at an average price of $25.12, for a total value of $1,507,200.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

EVOP stock opened at $24.89 on Friday. EVO Payments Inc has a 1-year low of $19.00 and a 1-year high of $30.45.

EVO Payments (NASDAQ:EVOP) last posted its earnings results on Wednesday, November 7th. The company reported $0.06 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.14 by ($0.08). The business had revenue of $144.76 million during the quarter, compared to analysts’ expectations of $142.24 million. As a group, sell-side analysts anticipate that EVO Payments Inc will post 0.52 earnings per share for the current year.

A number of equities research analysts recently commented on the company. Buckingham Research assumed coverage on EVO Payments in a research note on Wednesday, August 29th. They set a “neutral” rating and a $24.00 price objective for the company. Barclays assumed coverage on EVO Payments in a research note on Wednesday, November 14th. They set an “equal weight” rating and a $29.00 price objective for the company. BTIG Research assumed coverage on EVO Payments in a research note on Tuesday, November 27th. They set a “buy” rating and a $31.00 price objective for the company. Finally, SunTrust Banks lifted their price objective on EVO Payments to $32.00 and gave the stock a “buy” rating in a research note on Thursday, November 8th. Seven investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $25.50.

A number of hedge funds have recently bought and sold shares of the business. Strs Ohio bought a new position in EVO Payments during the third quarter worth about $112,000. Frontier Capital Management Co. LLC bought a new position in EVO Payments during the second quarter worth about $150,000. California Public Employees Retirement System bought a new position in EVO Payments during the second quarter worth about $206,000. Chicago Capital LLC bought a new position in EVO Payments during the third quarter worth about $239,000. Finally, American International Group Inc. bought a new position in EVO Payments during the third quarter worth about $258,000. Hedge funds and other institutional investors own 32.82% of the company’s stock.

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About EVO Payments

EVO Payments, Inc operates as an integrated merchant acquirer and payment processor servicing approximately 525,000 merchants. The company processes approximately 900 million transactions in North America and approximately 1.7 billion transactions in Europe. Its payment and commerce solutions consist of gateway solutions, online fraud prevention and management reporting, online hosted payments page capabilities, security tokenization, and encryption solutions at the point-of-sale and online; dynamic currency conversion; loyalty offers; and other ancillary solutions.

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