SG Americas Securities LLC Has $332,000 Holdings in Euronet Worldwide, Inc. (NASDAQ:EEFT)

SG Americas Securities LLC boosted its stake in Euronet Worldwide, Inc. (NASDAQ:EEFT) by 47.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,225 shares of the business services provider’s stock after purchasing an additional 1,038 shares during the period. SG Americas Securities LLC’s holdings in Euronet Worldwide were worth $332,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Sanctuary Advisors LLC acquired a new stake in shares of Euronet Worldwide in the second quarter valued at about $200,000. Reinhart Partners LLC. increased its position in Euronet Worldwide by 8.5% during the 3rd quarter. Reinhart Partners LLC. now owns 606,325 shares of the business services provider’s stock valued at $60,166,000 after purchasing an additional 47,469 shares during the period. Mendota Financial Group LLC bought a new position in Euronet Worldwide during the 3rd quarter worth approximately $100,000. Fiduciary Financial Group LLC boosted its stake in shares of Euronet Worldwide by 20.8% in the 3rd quarter. Fiduciary Financial Group LLC now owns 2,820 shares of the business services provider’s stock valued at $271,000 after purchasing an additional 486 shares during the last quarter. Finally, Oliver Luxxe Assets LLC increased its position in shares of Euronet Worldwide by 148.4% during the third quarter. Oliver Luxxe Assets LLC now owns 18,652 shares of the business services provider’s stock worth $1,851,000 after buying an additional 11,144 shares during the period. 91.60% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, SVP Martin L. Bruckner sold 9,397 shares of the company’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $107.31, for a total transaction of $1,008,392.07. Following the completion of the sale, the senior vice president now owns 39,983 shares in the company, valued at approximately $4,290,575.73. This represents a 19.03 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Kevin J. Caponecchi sold 52,034 shares of the firm’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $106.61, for a total value of $5,547,344.74. Following the transaction, the chief executive officer now owns 90,288 shares in the company, valued at approximately $9,625,603.68. This trade represents a 36.56 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 82,910 shares of company stock valued at $8,780,102. Corporate insiders own 10.50% of the company’s stock.

Euronet Worldwide Stock Performance

EEFT opened at $98.94 on Wednesday. Euronet Worldwide, Inc. has a 1-year low of $91.07 and a 1-year high of $117.66. The company has a market cap of $4.35 billion, a price-to-earnings ratio of 14.30, a PEG ratio of 0.78 and a beta of 1.43. The company’s fifty day moving average price is $101.79 and its two-hundred day moving average price is $100.98. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.88.

Analyst Ratings Changes

Several research firms recently issued reports on EEFT. DA Davidson restated a “buy” rating and issued a $136.00 target price on shares of Euronet Worldwide in a report on Tuesday, October 8th. Oppenheimer cut their target price on Euronet Worldwide from $135.00 to $128.00 and set an “outperform” rating on the stock in a research report on Thursday, December 19th. StockNews.com upgraded Euronet Worldwide from a “hold” rating to a “buy” rating in a report on Monday, January 20th. Needham & Company LLC restated a “buy” rating and set a $120.00 price target on shares of Euronet Worldwide in a report on Thursday, December 12th. Finally, Monness Crespi & Hardt upgraded shares of Euronet Worldwide from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 24th. Three equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $127.14.

Euronet Worldwide Company Profile

Euronet Worldwide, Inc provides payment and transaction processing and distribution solutions to financial institutions, retailers, service providers, and individual consumers worldwide. It operates through three segments: Electronic Fund Transfer Processing, epay, and Money Transfer. The Electronic Fund Transfer Processing segment provides electronic payment solutions, including automated teller machine (ATM) cash withdrawal and deposit services, ATM network participation, outsourced ATM and point-of-sale (POS) management solutions, credit and debit and prepaid card outsourcing, card issuing, and merchant acquiring services.