EVO Payments Inc (NASDAQ:EVOP) Insider Darren Wilson Sells 4,000 Shares

EVO Payments Inc (NASDAQ:EVOP) insider Darren Wilson sold 4,000 shares of EVO Payments stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $27.53, for a total transaction of $110,120.00. Following the sale, the insider now directly owns 91,976 shares of the company’s stock, valued at approximately $2,532,099.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Darren Wilson also recently made the following trade(s):

  • On Friday, November 1st, Darren Wilson sold 4,000 shares of EVO Payments stock. The stock was sold at an average price of $27.58, for a total value of $110,320.00.
  • On Tuesday, October 1st, Darren Wilson sold 4,000 shares of EVO Payments stock. The stock was sold at an average price of $27.97, for a total value of $111,880.00.

Shares of EVOP traded up $0.29 during mid-day trading on Tuesday, hitting $28.03. The company’s stock had a trading volume of 332,035 shares, compared to its average volume of 352,438. The company’s 50-day moving average is $28.13 and its 200-day moving average is $29.00. EVO Payments Inc has a 52-week low of $21.81 and a 52-week high of $31.93. The firm has a market capitalization of $2.30 billion, a price-to-earnings ratio of -18.88, a PEG ratio of 3.56 and a beta of 0.59.

EVO Payments (NASDAQ:EVOP) last released its quarterly earnings data on Thursday, November 7th. The company reported $0.19 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.16 by $0.03. The firm had revenue of $152.60 million for the quarter, compared to the consensus estimate of $146.83 million. EVO Payments had a negative net margin of 2.11% and a negative return on equity of 5.02%. The company’s quarterly revenue was up 5.4% on a year-over-year basis. During the same period last year, the firm earned $0.17 earnings per share. Research analysts expect that EVO Payments Inc will post 0.55 EPS for the current year.

A number of institutional investors have recently bought and sold shares of EVOP. US Bancorp DE boosted its position in EVO Payments by 22.3% during the 2nd quarter. US Bancorp DE now owns 2,321 shares of the company’s stock valued at $73,000 after acquiring an additional 423 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank purchased a new position in shares of EVO Payments in the 2nd quarter valued at $75,000. Bank of Montreal Can bought a new position in shares of EVO Payments in the 2nd quarter worth $82,000. Tower Research Capital LLC TRC raised its position in shares of EVO Payments by 3,186.0% in the 3rd quarter. Tower Research Capital LLC TRC now owns 4,469 shares of the company’s stock worth $126,000 after acquiring an additional 4,333 shares in the last quarter. Finally, HighTower Advisors LLC purchased a new stake in shares of EVO Payments during the 2nd quarter worth $224,000. Institutional investors own 48.20% of the company’s stock.

A number of equities research analysts have weighed in on the company. Wells Fargo & Co assumed coverage on EVO Payments in a research report on Monday, October 21st. They set an “outperform” rating and a $32.00 target price for the company. Zacks Investment Research cut EVO Payments from a “buy” rating to a “hold” rating in a report on Thursday, October 17th. BTIG Research reissued a “hold” rating on shares of EVO Payments in a research report on Thursday, August 8th. Finally, ValuEngine lowered EVO Payments from a “buy” rating to a “hold” rating in a research note on Tuesday, August 6th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $28.81.

About EVO Payments

EVO Payments, Inc operates as an integrated merchant acquirer and payment processor servicing approximately 550,000 merchants. The company processes approximately 950 million transactions in North America and approximately 2.1 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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Insider Buying and Selling by Quarter for EVO Payments (NASDAQ:EVOP)

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