Hahn Capital Management LLC Sells 17,659 Shares of Euronet Worldwide, Inc. $EEFT

Hahn Capital Management LLC lowered its holdings in Euronet Worldwide, Inc. (NASDAQ:EEFT) by 16.4% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 89,722 shares of the business services provider’s stock after selling 17,659 shares during the quarter. Euronet Worldwide comprises approximately 3.7% of Hahn Capital Management LLC’s investment portfolio, making the stock its 13th largest holding. Hahn Capital Management LLC’s holdings in Euronet Worldwide were worth $5,955,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Weitz Investment Management Inc. acquired a new stake in shares of Euronet Worldwide in the 4th quarter worth about $12,178,000. Rock Creek Group LP boosted its position in shares of Euronet Worldwide by 233.3% during the fourth quarter. Rock Creek Group LP now owns 100,000 shares of the business services provider’s stock valued at $7,611,000 after buying an additional 70,000 shares during the last quarter. New Age Alpha Advisors LLC boosted its position in shares of Euronet Worldwide by 102.6% during the fourth quarter. New Age Alpha Advisors LLC now owns 34,932 shares of the business services provider’s stock valued at $2,659,000 after buying an additional 17,690 shares during the last quarter. Reinhart Partners LLC. grew its holdings in Euronet Worldwide by 24.9% during the fourth quarter. Reinhart Partners LLC. now owns 1,348,340 shares of the business services provider’s stock worth $102,623,000 after buying an additional 268,542 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH boosted its holdings in Euronet Worldwide by 141.6% during the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 42,799 shares of the business services provider’s stock worth $3,252,000 after acquiring an additional 25,085 shares during the last quarter. Institutional investors own 91.60% of the company’s stock.

Insider Buying and Selling at Euronet Worldwide

In related 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, for a total transaction of $200,610.00. Following the purchase, the director directly owned 100,219 shares in the company, valued at approximately $6,701,644.53. This trade represents a 3.09% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 12.19% of the stock is owned by corporate insiders.

Euronet Worldwide Price Performance

Shares of NASDAQ:EEFT opened at $81.34 on Monday. The company has a market capitalization of $3.10 billion, a P/E ratio of 11.74, a price-to-earnings-growth ratio of 0.64 and a beta of 0.83. The company’s 50-day moving average is $70.61 and its 200 day moving average is $71.29. 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, Inc. has a fifty-two week low of $62.50 and a fifty-two week high of $107.02.

Euronet Worldwide (NASDAQ:EEFT) last posted its quarterly earnings data on Wednesday, April 29th. The business services provider reported $1.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.42 by $0.16. The business had revenue of $1.01 billion during 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 firm’s quarterly revenue was up 10.5% compared to the same quarter last year. During the same quarter last year, the company posted $1.13 earnings per share. Euronet Worldwide has set its FY 2026 guidance at 10.570-11.050 EPS. On average, equities research analysts forecast that Euronet Worldwide, Inc. will post 9.83 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts have recently commented on EEFT shares. DA Davidson reiterated a “buy” rating and issued a $102.00 target price on shares of Euronet Worldwide in a report on Friday, July 10th. Weiss Ratings raised shares of Euronet Worldwide from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, June 30th. Finally, Needham & Company LLC restated a “buy” rating and set a $85.00 price target on shares of Euronet Worldwide in a report on Friday, May 22nd. Three analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Euronet Worldwide currently has a consensus rating of “Hold” and an average target price of $95.00.

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.