9,388 Shares in Euronet Worldwide, Inc. $EEFT Acquired by Inceptionr LLC

Inceptionr LLC bought a new stake in Euronet Worldwide, Inc. (NASDAQ:EEFT) in the first quarter, HoldingsChannel.com reports. The fund bought 9,388 shares of the business services provider’s stock, valued at approximately $623,000.

A number of other hedge funds have also bought and sold shares of the company. Vanguard Group Inc. grew its stake in shares of Euronet Worldwide by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 3,767,279 shares of the business services provider’s stock valued at $286,728,000 after buying an additional 26,416 shares during the last quarter. Bank of Montreal Can boosted its stake in shares of Euronet Worldwide by 933.8% during the fourth quarter. Bank of Montreal Can now owns 1,993,682 shares of the business services provider’s stock valued at $151,739,000 after purchasing an additional 1,800,837 shares during the period. Reinhart Partners LLC. grew its holdings in shares of Euronet Worldwide by 24.9% in the fourth quarter. Reinhart Partners LLC. now owns 1,348,340 shares of the business services provider’s stock worth $102,623,000 after purchasing an additional 268,542 shares during the last quarter. AQR Capital Management LLC lifted its holdings in Euronet Worldwide by 131.9% during the 2nd quarter. AQR Capital Management LLC now owns 1,308,267 shares of the business services provider’s stock valued at $132,632,000 after buying an additional 744,040 shares in the last quarter. Finally, Van Berkom & Associates Inc. boosted its position in Euronet Worldwide by 16.8% in the 4th quarter. Van Berkom & Associates Inc. now owns 1,291,075 shares of the business services provider’s stock valued at $98,264,000 after buying an additional 185,727 shares during the period. Institutional investors own 91.60% of the company’s stock.

Insider Activity at Euronet Worldwide

In related news, Director Thomas A. Mcdonnell purchased 3,000 shares of the company’s stock in a transaction on Tuesday, May 26th. The shares were bought at an average price of $66.87 per share, with a total value of $200,610.00. Following the completion of the acquisition, the director 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 legal filing with the SEC, which is available through the SEC website. Insiders own 12.19% of the company’s stock.

Euronet Worldwide Stock Performance

NASDAQ EEFT opened at $79.31 on Friday. The business has a 50 day moving average price of $71.66 and a 200 day moving average price of $71.44. 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 capitalization of $3.02 billion, a P/E ratio of 11.44, a PEG ratio of 0.62 and a beta of 0.83. Euronet Worldwide, Inc. has a 1-year low of $62.50 and a 1-year high of $105.86.

Euronet Worldwide (NASDAQ:EEFT) last posted its quarterly 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 return on equity of 28.37% and a net margin of 7.15%.The firm’s revenue was up 10.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.13 EPS. Euronet Worldwide has set its FY 2026 guidance at 10.570-11.050 EPS. Sell-side analysts expect that Euronet Worldwide, Inc. will post 9.83 EPS for the current fiscal year.

Wall Street Analyst Weigh In

EEFT has been the subject of several recent analyst reports. DA Davidson restated a “buy” rating and issued a $102.00 target price on shares of Euronet Worldwide in a research note on Friday, July 10th. Needham & Company LLC restated a “buy” rating and set a $85.00 price objective on shares of Euronet Worldwide in a report on Friday, May 22nd. Finally, Weiss Ratings upgraded shares of Euronet Worldwide from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, June 30th. Three analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Euronet Worldwide 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.