Euronet Worldwide, Inc. $EEFT Shares Acquired by New Age Alpha Advisors LLC

New Age Alpha Advisors LLC increased its holdings in Euronet Worldwide, Inc. (NASDAQ:EEFT) by 102.6% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 34,932 shares of the business services provider’s stock after buying an additional 17,690 shares during the period. New Age Alpha Advisors LLC’s holdings in Euronet Worldwide were worth $2,659,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of EEFT. Geneos Wealth Management Inc. boosted its stake in Euronet Worldwide by 48.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 334 shares of the business services provider’s stock valued at $36,000 after purchasing an additional 109 shares during the period. Evergreen Capital Management LLC boosted its stake in Euronet Worldwide by 0.4% during the 2nd quarter. Evergreen Capital Management LLC now owns 34,035 shares of the business services provider’s stock valued at $3,450,000 after purchasing an additional 129 shares during the period. Northwestern Mutual Investment Management Company LLC boosted its stake in Euronet Worldwide by 1.8% during the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 8,748 shares of the business services provider’s stock valued at $666,000 after purchasing an additional 158 shares during the period. Oppenheimer Asset Management Inc. boosted its stake in Euronet Worldwide by 1.5% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 10,817 shares of the business services provider’s stock valued at $823,000 after purchasing an additional 164 shares during the period. Finally, Arizona State Retirement System boosted its stake in Euronet Worldwide by 1.4% during the 3rd quarter. Arizona State Retirement System now owns 12,146 shares of the business services provider’s stock valued at $1,067,000 after purchasing an additional 168 shares during the period. 91.60% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Euronet Worldwide

In related news, Director Thomas A. Mcdonnell purchased 3,000 shares of the company’s stock in a transaction on Tuesday, May 26th. The shares were bought at an average cost of $66.87 per share, for a total transaction of $200,610.00. Following the transaction, the director owned 100,219 shares of the company’s stock, valued at $6,701,644.53. This represents a 3.09% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this link. Company insiders own 12.19% of the company’s stock.

Analyst Upgrades and Downgrades

EEFT has been the subject of a number of analyst reports. Weiss Ratings lowered shares of Euronet Worldwide from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, April 2nd. 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 reduced their target price on shares of Euronet Worldwide from $112.00 to $102.00 and set a “buy” rating for the company in a research note on Tuesday, April 14th. Finally, Keefe, Bruyette & Woods reduced 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 research note on Friday, February 13th. Three analysts have rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Euronet Worldwide presently has a consensus rating of “Hold” and a consensus target price of $95.00.

Euronet Worldwide Stock Up 1.9%

EEFT stock opened at $67.46 on Wednesday. Euronet Worldwide, Inc. has a 52 week low of $63.73 and a 52 week high of $114.25. The company has a market capitalization of $2.57 billion, a price-to-earnings ratio of 9.73, a price-to-earnings-growth ratio of 0.52 and a beta of 0.83. The firm’s 50-day moving average is $69.64 and its two-hundred day moving average is $72.04. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 1.29.

Euronet Worldwide (NASDAQ:EEFT) last released its quarterly earnings results on Wednesday, April 29th. The business services provider reported $1.58 EPS for the quarter, topping analysts’ consensus estimates of $1.42 by $0.16. Euronet Worldwide had a net margin of 7.15% and a return on equity of 28.37%. The company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $969.68 million. During the same period in the previous year, the firm earned $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. On average, analysts forecast that Euronet Worldwide, Inc. will post 9.83 earnings per share for the current fiscal year.

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.