Norwood Investment Partners LP Sells 17,000 Shares of Euronet Worldwide, Inc. $EEFT

Norwood Investment Partners LP lowered its stake in Euronet Worldwide, Inc. (NASDAQ:EEFT) by 24.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 51,500 shares of the business services provider’s stock after selling 17,000 shares during the period. Euronet Worldwide makes up approximately 4.4% of Norwood Investment Partners LP’s portfolio, making the stock its 8th biggest holding. Norwood Investment Partners LP owned about 0.12% of Euronet Worldwide worth $3,920,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Johnson Financial Group Inc. acquired a new position in shares of Euronet Worldwide in the third quarter valued at approximately $26,000. Danske Bank A S acquired a new position in shares of Euronet Worldwide in the third quarter valued at approximately $26,000. Geneos Wealth Management Inc. increased its holdings in shares of Euronet Worldwide by 48.4% in the first 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. Kestra Advisory Services LLC acquired a new position in shares of Euronet Worldwide in the fourth quarter valued at approximately $38,000. Finally, 1620 Investment Advisors Inc. increased its holdings in shares of Euronet Worldwide by 123.1% in the fourth quarter. 1620 Investment Advisors Inc. now owns 589 shares of the business services provider’s stock valued at $45,000 after purchasing an additional 325 shares during the period. Institutional investors and hedge funds own 91.60% of the company’s stock.

Euronet Worldwide Stock Up 1.0%

Euronet Worldwide stock opened at $67.55 on Wednesday. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.28 and a quick ratio of 1.28. Euronet Worldwide, Inc. has a 1-year low of $62.50 and a 1-year high of $107.91. The company has a market cap of $2.57 billion, a PE ratio of 9.75, a price-to-earnings-growth ratio of 0.52 and a beta of 0.82. The stock’s 50 day moving average price is $70.07 and its 200 day moving average price is $71.72.

Euronet Worldwide (NASDAQ:EEFT) last posted its quarterly earnings results on Wednesday, April 29th. The business services provider reported $1.58 earnings per share for the quarter, beating analysts’ consensus estimates of $1.42 by $0.16. Euronet Worldwide had a return on equity of 28.37% and a net margin of 7.15%.The firm 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 business earned $1.13 earnings per share. The company’s revenue for the quarter was up 10.5% compared to the same quarter last year. Euronet Worldwide has set its FY 2026 guidance at 10.570-11.050 EPS. On average, sell-side analysts predict that Euronet Worldwide, Inc. will post 9.83 EPS for the current fiscal year.

Analysts Set New Price Targets

EEFT has been the topic of a number of recent research reports. Weiss Ratings lowered Euronet Worldwide from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, April 2nd. Needham & Company LLC restated a “buy” rating and issued a $85.00 price target on shares of Euronet Worldwide in a research note on Friday, May 22nd. Finally, DA Davidson decreased their price target on Euronet Worldwide from $112.00 to $102.00 and set a “buy” rating on the stock in a research note on Tuesday, April 14th. Three equities 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, Euronet Worldwide currently has a consensus rating of “Hold” and a consensus price target of $95.00.

Insider Buying and Selling at Euronet Worldwide

In other news, Director Thomas A. Mcdonnell bought 3,000 shares of the firm’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 completion of 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 ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 12.19% of the stock is currently owned by company insiders.

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.