8,558 Shares in Euronet Worldwide, Inc. $EEFT Acquired by Yakira Capital Management Inc.

Yakira Capital Management Inc. acquired a new position in Euronet Worldwide, Inc. (NASDAQ:EEFT) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 8,558 shares of the business services provider’s stock, valued at approximately $651,000.

Several other institutional investors have also recently bought and sold shares of EEFT. Johnson Financial Group Inc. bought a new position in Euronet Worldwide in the 3rd quarter worth approximately $26,000. Danske Bank A S bought a new position in Euronet Worldwide in the 3rd quarter worth approximately $26,000. Geneos Wealth Management Inc. raised its position in shares of 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 acquiring an additional 109 shares during the last quarter. Abich Financial Wealth Management LLC bought a new stake in shares of Euronet Worldwide during the 3rd quarter valued at $37,000. Finally, Kestra Advisory Services LLC bought a new stake in shares of Euronet Worldwide during the 4th quarter valued at $38,000. Institutional investors own 91.60% of the company’s stock.

Insider Activity

In other news, Director Thomas A. Mcdonnell purchased 3,000 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The stock was bought at an average price of $66.87 per share, with a total value of $200,610.00. Following the acquisition, the director directly owned 100,219 shares of the company’s stock, valued at approximately $6,701,644.53. This represents a 3.09% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 12.19% of the stock is owned by company insiders.

Analysts Set New Price Targets

EEFT has been the subject of several recent research reports. Needham & Company LLC reiterated a “buy” rating and set a $85.00 target price on shares of Euronet Worldwide in a research report on Friday, May 22nd. DA Davidson dropped 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 report on Tuesday, April 14th. Finally, Weiss Ratings cut shares of Euronet Worldwide from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, April 2nd. Three research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $95.00.

Euronet Worldwide Stock Performance

Shares of Euronet Worldwide stock opened at $66.66 on Monday. The firm has a fifty day moving average of $69.95 and a two-hundred day moving average of $71.80. The stock has a market capitalization of $2.54 billion, a price-to-earnings ratio of 9.62, a PEG ratio of 0.52 and a beta of 0.83. Euronet Worldwide, Inc. has a 52 week low of $62.50 and a 52 week high of $110.86. 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 issued its earnings results on Wednesday, April 29th. The business services provider reported $1.58 EPS for the quarter, beating the consensus estimate of $1.42 by $0.16. The company had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $969.68 million. Euronet Worldwide had a net margin of 7.15% and a return on equity of 28.37%. The business’s revenue for the quarter was up 10.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.13 EPS. Euronet Worldwide has set its FY 2026 guidance at 10.570-11.050 EPS. As a group, equities research analysts predict that Euronet Worldwide, Inc. will post 9.83 EPS for the current year.

Euronet Worldwide Profile

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.