Euronet Worldwide (NASDAQ:EEFT) Insider Adam Godderz Sells 345 Shares

Euronet Worldwide, Inc. (NASDAQ:EEFT) insider Adam Godderz sold 345 shares of the business’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $72.03, for a total transaction of $24,850.35. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Euronet Worldwide Stock Performance

EEFT stock opened at $69.60 on Tuesday. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.28 and a quick ratio of 1.28. The company has a 50 day moving average price of $70.71 and a 200 day moving average price of $72.88. Euronet Worldwide, Inc. has a fifty-two week low of $63.73 and a fifty-two week high of $114.25. The stock has a market capitalization of $2.65 billion, a PE ratio of 10.04, a price-to-earnings-growth ratio of 0.54 and a beta of 0.83.

Euronet Worldwide (NASDAQ:EEFT) last posted its quarterly earnings data on Wednesday, April 29th. The business services provider reported $1.58 earnings per share for the quarter, topping the consensus estimate of $1.42 by $0.16. Euronet Worldwide had a net margin of 7.15% and a return on equity of 28.37%. The firm had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $969.68 million. During the same quarter in the previous year, the company posted $1.13 EPS. Euronet Worldwide’s revenue was up 10.5% on a year-over-year basis. Euronet Worldwide has set its FY 2026 guidance at 10.570-11.050 EPS. Analysts forecast that Euronet Worldwide, Inc. will post 9.83 EPS for the current year.

Hedge Funds Weigh In On Euronet Worldwide

Several institutional investors and hedge funds have recently made changes to their positions in the company. Tudor Investment Corp ET AL acquired a new position in shares of Euronet Worldwide in the 3rd quarter valued at $42,813,000. Vanguard Group Inc. grew its holdings in shares of Euronet Worldwide by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 3,767,279 shares of the business services provider’s stock valued at $286,728,000 after buying an additional 26,416 shares during the period. Bank of Montreal Can grew its holdings in shares of Euronet Worldwide by 933.8% in the 4th quarter. Bank of Montreal Can now owns 1,993,682 shares of the business services provider’s stock valued at $151,739,000 after buying an additional 1,800,837 shares during the period. American Century Companies Inc. grew its holdings in shares of Euronet Worldwide by 29.7% in the 3rd quarter. American Century Companies Inc. now owns 1,741,996 shares of the business services provider’s stock valued at $152,965,000 after buying an additional 399,263 shares during the period. Finally, Reinhart Partners LLC. grew its holdings in shares of Euronet Worldwide by 24.9% in the 4th quarter. Reinhart Partners LLC. now owns 1,348,340 shares of the business services provider’s stock valued at $102,623,000 after buying an additional 268,542 shares during the period. Institutional investors and hedge funds own 91.60% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have commented on EEFT. Weiss Ratings lowered shares of Euronet Worldwide from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, April 2nd. Keefe, Bruyette & Woods lowered their target price on shares of Euronet Worldwide from $85.00 to $75.00 and set a “market perform” rating for the company in a report on Friday, February 13th. DA Davidson lowered their target price on shares of Euronet Worldwide from $112.00 to $102.00 and set a “buy” rating for the company in a report on Tuesday, April 14th. Finally, Needham & Company LLC lifted their target price on shares of Euronet Worldwide from $80.00 to $85.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Three research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $95.00.

Euronet Worldwide Company Profile

Euronet Worldwide, Inc is a global financial technology company specializing in electronic payment services and transaction processing. Through its three primary business segments—Electronic Funds Transfer (EFT) Network Services, epay® Prepaid and Payment Services, and Money Transfer—Euronet provides end-to-end solutions that enable secure, efficient and convenient payments for consumers, financial institutions and retailers worldwide.

In its EFT Network Services arm, Euronet operates one of the world’s largest ATM and point-of-sale (POS) terminal networks, offering deployment, management and connectivity services.