P.A.W. Capital Corp lowered its holdings in Euronet Worldwide, Inc. (NASDAQ:EEFT – Free Report) by 38.5% in the fourth quarter, Holdings Channel.com reports. The fund owned 40,000 shares of the business services provider’s stock after selling 25,000 shares during the quarter. Euronet Worldwide makes up 6.6% of P.A.W. Capital Corp’s investment portfolio, making the stock its 6th largest position. P.A.W. Capital Corp’s holdings in Euronet Worldwide were worth $3,044,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently bought and sold shares of EEFT. Goldman Sachs Group Inc. lifted its holdings in Euronet Worldwide by 17.0% in the first quarter. Goldman Sachs Group Inc. now owns 628,384 shares of the business services provider’s stock valued at $67,143,000 after acquiring an additional 91,348 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Euronet Worldwide by 4.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 121,475 shares of the business services provider’s stock worth $12,980,000 after buying an additional 5,009 shares during the last quarter. Focus Partners Wealth acquired a new position in shares of Euronet Worldwide during the 1st quarter worth $202,000. Geneos Wealth Management Inc. raised its stake 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 worth $36,000 after buying an additional 109 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its stake in shares of Euronet Worldwide by 422.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,631 shares of the business services provider’s stock worth $165,000 after buying an additional 1,319 shares during the last quarter. Institutional investors and hedge funds own 91.60% of the company’s stock.
Analyst Ratings Changes
Several research analysts have recently issued reports on the company. DA Davidson cut their price target on Euronet Worldwide from $112.00 to $102.00 and set a “buy” rating for the company in a research note on Tuesday, April 14th. Needham & Company LLC reaffirmed a “buy” rating and set a $85.00 price target on shares of Euronet Worldwide in a research note on Friday, May 22nd. Weiss Ratings downgraded Euronet Worldwide from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, April 2nd. Finally, Keefe, Bruyette & Woods cut their price target on 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 issued a Sell rating to the company. According to MarketBeat, Euronet Worldwide has a consensus rating of “Hold” and a consensus target price of $95.00.
Insider Buying and Selling
In related news, Director Thomas A. Mcdonnell acquired 3,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The stock was purchased at an average price of $66.87 per share, for a total transaction of $200,610.00. Following the transaction, the director owned 100,219 shares in the company, valued at $6,701,644.53. This trade represents a 3.09% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 12.19% of the company’s stock.
Euronet Worldwide Trading Up 0.1%
NASDAQ:EEFT opened at $72.53 on Monday. The company has a market capitalization of $2.76 billion, a PE ratio of 10.47, a price-to-earnings-growth ratio of 0.57 and a beta of 0.83. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 1.29. Euronet Worldwide, Inc. has a 52-week low of $63.73 and a 52-week high of $114.25. The stock has a fifty day simple moving average of $69.69 and a 200-day simple moving average of $72.01.
Euronet Worldwide (NASDAQ:EEFT – Get Free Report) last posted its quarterly earnings data 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. The firm had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $969.68 million. Euronet Worldwide had a return on equity of 28.37% and a net margin of 7.15%.The firm’s quarterly revenue was up 10.5% compared to the same quarter last year. During the same quarter last year, the business posted $1.13 EPS. Euronet Worldwide has set its FY 2026 guidance at 10.570-11.050 EPS. On average, equities research analysts expect that Euronet Worldwide, Inc. will post 9.83 earnings per share for the current fiscal year.
Euronet Worldwide Company 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.
Read More
- Five stocks we like better than Euronet Worldwide
- These 3 CLO ETFs Target a Niche Corner of the Fixed-Income Market
- 3 Ways to Play the Data Center Land Grab
- The Smarter Way to Invest in AI Without Taking Extreme Risk
- 3 Dividend Kings That Earn Their Crown Every Quarter
Want to see what other hedge funds are holding EEFT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Euronet Worldwide, Inc. (NASDAQ:EEFT – Free Report).
Receive News & Ratings for Euronet Worldwide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Euronet Worldwide and related companies with MarketBeat.com's FREE daily email newsletter.
