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

Euronet Worldwide, Inc. (NASDAQ:EEFT) insider Adam Godderz sold 345 shares of the stock in a transaction 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 document filed with the SEC, which is available through the SEC website.

Euronet Worldwide Stock Up 1.1%

Euronet Worldwide stock traded up $0.77 during mid-day trading on Monday, hitting $69.60. 769,470 shares of the company’s stock were exchanged, compared to its average volume of 697,059. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 1.29. The stock has a market cap of $2.64 billion, a P/E ratio of 10.04, a P/E/G ratio of 0.54 and a beta of 0.83. Euronet Worldwide, Inc. has a 1-year low of $63.73 and a 1-year high of $114.25. The stock has a 50 day moving average of $70.78 and a two-hundred day moving average of $73.15.

Euronet Worldwide (NASDAQ:EEFT) last posted its earnings results on Wednesday, April 29th. The business services provider reported $1.58 EPS for the quarter, topping the consensus estimate of $1.42 by $0.16. The firm had revenue of $1.01 billion for 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%. The business’s quarterly revenue was up 10.5% on a year-over-year basis. During the same period in the prior year, the business posted $1.13 earnings per share. Euronet Worldwide has set its FY 2026 guidance at 10.570-11.050 EPS. As a group, analysts anticipate that Euronet Worldwide, Inc. will post 9.83 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

EEFT has been the topic of several research analyst reports. Weiss Ratings downgraded Euronet Worldwide from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, April 2nd. Keefe, Bruyette & Woods lowered their price target on Euronet Worldwide from $85.00 to $75.00 and set a “market perform” rating on the stock in a research report on Friday, February 13th. Needham & Company LLC raised their price target on Euronet Worldwide from $80.00 to $85.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Finally, DA Davidson lowered their price target on Euronet Worldwide from $112.00 to $102.00 and set a “buy” rating on the stock in a research report on Tuesday, April 14th. 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 company’s stock. According to MarketBeat.com, Euronet Worldwide presently has a consensus rating of “Hold” and a consensus target price of $95.00.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Geneos Wealth Management Inc. lifted its stake in Euronet Worldwide by 48.4% during the first quarter. Geneos Wealth Management Inc. now owns 334 shares of the business services provider’s stock worth $36,000 after purchasing an additional 109 shares during the period. Evergreen Capital Management LLC lifted its stake in Euronet Worldwide by 0.4% during the second quarter. Evergreen Capital Management LLC now owns 34,035 shares of the business services provider’s stock worth $3,450,000 after purchasing an additional 129 shares during the period. Parallel Advisors LLC lifted its stake in Euronet Worldwide by 23.6% during the first quarter. Parallel Advisors LLC now owns 775 shares of the business services provider’s stock worth $51,000 after purchasing an additional 148 shares during the period. Northwestern Mutual Investment Management Company LLC lifted its stake in Euronet Worldwide by 1.8% during the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 8,748 shares of the business services provider’s stock worth $666,000 after purchasing an additional 158 shares during the period. Finally, Oppenheimer Asset Management Inc. lifted its stake in Euronet Worldwide by 1.5% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 10,817 shares of the business services provider’s stock worth $823,000 after purchasing an additional 164 shares during the period. Institutional investors own 91.60% 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.