Euronet Worldwide, Inc. (EEFT) CEO Sells $4,360,129.80 in Stock

Euronet Worldwide, Inc. (NASDAQ:EEFT) CEO Kevin J. Caponecchi sold 36,517 shares of the company’s stock in a transaction dated Friday, November 30th. The stock was sold at an average price of $119.40, for a total value of $4,360,129.80. Following the transaction, the chief executive officer now directly owns 97,774 shares of the company’s stock, valued at $11,674,215.60. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Euronet Worldwide stock opened at $112.92 on Friday. Euronet Worldwide, Inc. has a fifty-two week low of $70.67 and a fifty-two week high of $121.93. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.55. The stock has a market capitalization of $5.99 billion, a PE ratio of 26.08, a PEG ratio of 1.66 and a beta of 1.06.

Euronet Worldwide (NASDAQ:EEFT) last posted its earnings results on Thursday, October 18th. The business services provider reported $2.09 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $2.04 by $0.05. Euronet Worldwide had a return on equity of 24.13% and a net margin of 6.02%. The business had revenue of $714.50 million during the quarter, compared to the consensus estimate of $709.33 million. On average, equities research analysts expect that Euronet Worldwide, Inc. will post 5.25 EPS for the current year.



Institutional investors have recently bought and sold shares of the company. SRS Capital Advisors Inc. purchased a new stake in shares of Euronet Worldwide in the 3rd quarter valued at about $133,000. Parametrica Management Ltd purchased a new stake in shares of Euronet Worldwide in the 3rd quarter valued at about $211,000. Engineers Gate Manager LP purchased a new stake in shares of Euronet Worldwide in the 3rd quarter valued at about $217,000. Keybank National Association OH purchased a new stake in shares of Euronet Worldwide in the 3rd quarter valued at about $236,000. Finally, Financial Counselors Inc. purchased a new stake in shares of Euronet Worldwide in the 3rd quarter valued at about $238,000.

Several research analysts have recently issued reports on EEFT shares. BidaskClub raised Euronet Worldwide from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, November 27th. Wells Fargo & Co reaffirmed an “outperform” rating and set a $150.00 price objective on shares of Euronet Worldwide in a research report on Tuesday, October 2nd. ValuEngine raised Euronet Worldwide from a “hold” rating to a “buy” rating in a research report on Tuesday, October 2nd. William Blair raised Euronet Worldwide from a “market perform” rating to an “outperform” rating in a research report on Monday, October 1st. Finally, DA Davidson upped their price objective on Euronet Worldwide from $114.00 to $140.00 and gave the stock a “buy” rating in a research report on Thursday, October 4th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company’s stock. Euronet Worldwide currently has a consensus rating of “Buy” and a consensus target price of $128.88.

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Euronet Worldwide Company Profile

Euronet Worldwide, Inc provides payment and transaction processing and distribution solutions to financial institutions, retailers, service providers, and individual consumers worldwide. The company operates in three segments: Electronic Financial Transaction (EFT) Processing, epay, and Money Transfer.

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