Live Oak Private Wealth LLC Has $1.05 Million Holdings in Euronet Worldwide, Inc. (NASDAQ:EEFT)

Live Oak Private Wealth LLC lifted its position in shares of Euronet Worldwide, Inc. (NASDAQ:EEFT) by 3.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 10,219 shares of the business services provider’s stock after purchasing an additional 355 shares during the period. Live Oak Private Wealth LLC’s holdings in Euronet Worldwide were worth $1,051,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. R Squared Ltd purchased a new position in shares of Euronet Worldwide during the fourth quarter valued at approximately $58,000. GAMMA Investing LLC lifted its stake in Euronet Worldwide by 121.3% during the 4th quarter. GAMMA Investing LLC now owns 954 shares of the business services provider’s stock valued at $98,000 after acquiring an additional 523 shares in the last quarter. Blue Trust Inc. boosted its holdings in Euronet Worldwide by 26.1% during the 4th quarter. Blue Trust Inc. now owns 989 shares of the business services provider’s stock worth $98,000 after acquiring an additional 205 shares during the last quarter. Mendota Financial Group LLC purchased a new position in Euronet Worldwide during the 3rd quarter worth $100,000. Finally, Quarry LP grew its stake in shares of Euronet Worldwide by 21.6% in the 3rd quarter. Quarry LP now owns 1,087 shares of the business services provider’s stock worth $108,000 after acquiring an additional 193 shares in the last quarter. 91.60% of the stock is currently owned by institutional investors.

Euronet Worldwide Stock Down 2.3 %

Shares of NASDAQ EEFT opened at $97.23 on Friday. The business’s fifty day moving average price is $101.52 and its 200-day moving average price is $100.94. Euronet Worldwide, Inc. has a one year low of $91.07 and a one year high of $117.66. The stock has a market capitalization of $4.27 billion, a PE ratio of 14.05, a P/E/G ratio of 0.78 and a beta of 1.43. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.26 and a quick ratio of 1.26.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on EEFT shares. Citigroup cut shares of Euronet Worldwide from a “buy” rating to a “neutral” rating and cut their price target for the stock from $118.00 to $110.00 in a report on Friday, October 18th. Oppenheimer reduced their target price on Euronet Worldwide from $135.00 to $128.00 and set an “outperform” rating for the company in a report on Thursday, December 19th. Monness Crespi & Hardt upgraded Euronet Worldwide from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 24th. StockNews.com upgraded Euronet Worldwide from a “hold” rating to a “buy” rating in a research note on Monday, January 20th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $120.00 target price on shares of Euronet Worldwide in a research note on Thursday, December 12th. Three research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $127.14.

Insider Buying and Selling at Euronet Worldwide

In other Euronet Worldwide news, CEO Nikos Fountas sold 21,479 shares of the stock in a transaction on Monday, December 9th. The stock was sold at an average price of $103.56, for a total transaction of $2,224,365.24. Following the sale, the chief executive officer now owns 52,370 shares in the company, valued at $5,423,437.20. This represents a 29.09 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Kevin J. Caponecchi sold 52,034 shares of Euronet Worldwide 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 completion of the transaction, the chief executive officer now owns 90,288 shares of the company’s stock, 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. Insiders have sold a total of 82,910 shares of company stock valued at $8,780,102 over the last three months. 10.50% of the stock is currently owned by insiders.

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.