Inceptionr LLC Makes New $623,000 Investment in Euronet Worldwide, Inc. $EEFT

Inceptionr LLC purchased a new stake in Euronet Worldwide, Inc. (NASDAQ:EEFT) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 9,388 shares of the business services provider’s stock, valued at approximately $623,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Weitz Investment Management Inc. acquired a new position in Euronet Worldwide during the fourth quarter worth $12,178,000. New Age Alpha Advisors LLC grew its stake in Euronet Worldwide by 102.6% in the 4th quarter. New Age Alpha Advisors LLC now owns 34,932 shares of the business services provider’s stock valued at $2,659,000 after buying an additional 17,690 shares during the last quarter. Rock Creek Group LP lifted its holdings in shares of Euronet Worldwide by 233.3% during the fourth quarter. Rock Creek Group LP now owns 100,000 shares of the business services provider’s stock worth $7,611,000 after buying an additional 70,000 shares in the last quarter. Reinhart Partners LLC. boosted its holdings in 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 purchasing an additional 268,542 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH grew its position in shares of Euronet Worldwide by 141.6% during the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 42,799 shares of the business services provider’s stock worth $3,252,000 after purchasing an additional 25,085 shares in the last quarter. 91.60% of the stock is owned by institutional investors and hedge funds.

Euronet Worldwide Price Performance

EEFT opened at $79.31 on Friday. The stock has a market capitalization of $3.02 billion, a PE ratio of 11.44, a price-to-earnings-growth ratio of 0.62 and a beta of 0.83. The stock’s 50 day moving average price is $71.66 and its 200-day moving average price is $71.44. Euronet Worldwide, Inc. has a 52-week low of $62.50 and a 52-week high of $105.86. The company has a debt-to-equity ratio of 1.29, a quick ratio of 1.28 and a current ratio of 1.28.

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

Wall Street Analysts Forecast Growth

Several research analysts have commented on EEFT shares. Needham & Company LLC reissued a “buy” rating and set a $85.00 target price on shares of Euronet Worldwide in a research note on Friday, May 22nd. DA Davidson reaffirmed a “buy” rating and set a $102.00 target price on shares of Euronet Worldwide in a research note on Friday, July 10th. Finally, Weiss Ratings raised shares of Euronet Worldwide from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, June 30th. Three analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $95.00.

Insider Buying and Selling

In other news, Director Thomas A. Mcdonnell purchased 3,000 shares of the business’s stock in a transaction dated Tuesday, May 26th. The shares were purchased at an average price of $66.87 per share, for a total transaction of $200,610.00. Following the completion of the acquisition, the director directly owned 100,219 shares in the company, valued at $6,701,644.53. This represents a 3.09% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 12.19% of the company’s stock.

About Euronet Worldwide

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.