Y Intercept Hong Kong Ltd Takes $1.79 Million Position in Euronet Worldwide, Inc. $EEFT

Y Intercept Hong Kong Ltd acquired a new position in shares of Euronet Worldwide, Inc. (NASDAQ:EEFT) in the 1st quarter, according to its most recent disclosure with the SEC. The fund acquired 27,040 shares of the business services provider’s stock, valued at approximately $1,795,000.

Several other large investors have also recently bought and sold shares of EEFT. Voss Capital LP increased its holdings in shares of Euronet Worldwide by 66.5% in the 3rd quarter. Voss Capital LP now owns 1,340,000 shares of the business services provider’s stock valued at $117,665,000 after acquiring an additional 535,000 shares during the last quarter. Tudor Investment Corp ET AL purchased a new stake in Euronet Worldwide during the third quarter worth approximately $42,813,000. Weitz Investment Management Inc. acquired a new position in Euronet Worldwide in the fourth quarter valued at approximately $12,178,000. New Age Alpha Advisors LLC boosted its holdings in Euronet Worldwide by 102.6% in 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 purchasing an additional 17,690 shares in the last quarter. Finally, Rock Creek Group LP increased its stake in Euronet Worldwide by 233.3% in 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 purchasing an additional 70,000 shares during the last quarter. Hedge funds and other institutional investors own 91.60% of the company’s stock.

Insider Buying and Selling at Euronet Worldwide

In other news, Director Thomas A. Mcdonnell purchased 3,000 shares of the company’s stock in a transaction dated Tuesday, May 26th. The shares were acquired at an average cost of $66.87 per share, for a total transaction of $200,610.00. Following the completion of the purchase, the director directly owned 100,219 shares in the company, valued at $6,701,644.53. The trade was a 3.09% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 12.19% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms recently commented on EEFT. Needham & Company LLC reaffirmed a “buy” rating and issued a $85.00 target price on shares of Euronet Worldwide in a research report on Friday, May 22nd. 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, DA Davidson decreased their price objective 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. Three investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Euronet Worldwide currently has a consensus rating of “Hold” and an average target price of $95.00.

Euronet Worldwide Price Performance

Shares of NASDAQ EEFT opened at $76.70 on Friday. The stock has a fifty day moving average price of $69.71 and a 200 day moving average price of $71.22. Euronet Worldwide, Inc. has a 1-year low of $62.50 and a 1-year high of $107.91. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.28 and a quick ratio of 1.28. The company has a market cap of $2.92 billion, a PE ratio of 11.07, a P/E/G ratio of 0.59 and a beta of 0.83.

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