Van Berkom & Associates Inc. Has $82.72 Million Stake in Euronet Worldwide, Inc. $EEFT

Van Berkom & Associates Inc. trimmed its position in shares of Euronet Worldwide, Inc. (NASDAQ:EEFT) by 3.5% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 1,246,308 shares of the business services provider’s stock after selling 44,767 shares during the period. Euronet Worldwide accounts for about 2.7% of Van Berkom & Associates Inc.’s investment portfolio, making the stock its 10th biggest holding. Van Berkom & Associates Inc.’s holdings in Euronet Worldwide were worth $82,717,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Johnson Financial Group Inc. purchased a new position in shares of Euronet Worldwide in the 3rd quarter worth approximately $26,000. Danske Bank A S purchased a new stake in Euronet Worldwide during the third quarter valued at approximately $26,000. Geneos Wealth Management Inc. lifted its position in Euronet Worldwide by 48.4% during the first quarter. Geneos Wealth Management Inc. now owns 334 shares of the business services provider’s stock valued at $36,000 after acquiring an additional 109 shares during the last quarter. Kestra Advisory Services LLC acquired a new stake in Euronet Worldwide in the fourth quarter valued at approximately $38,000. Finally, 1620 Investment Advisors Inc. boosted its stake in 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 acquiring an additional 325 shares in the last quarter. 91.60% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on EEFT. Needham & Company LLC reaffirmed a “buy” rating and set a $85.00 price target on shares of Euronet Worldwide in a research report on Friday, May 22nd. DA Davidson reissued a “buy” rating and issued a $102.00 price objective on shares of Euronet Worldwide in a research report on Friday, July 10th. Finally, Weiss Ratings upgraded Euronet Worldwide from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, June 30th. Three investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Euronet Worldwide currently has a consensus rating of “Hold” and a consensus target price of $95.00.

Insider Activity at Euronet Worldwide

In other Euronet Worldwide news, Director Thomas A. Mcdonnell acquired 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, with a total value of $200,610.00. Following the acquisition, the director directly owned 100,219 shares of the company’s stock, valued at approximately $6,701,644.53. The trade was a 3.09% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. 12.19% of the stock is owned by company insiders.

Euronet Worldwide Stock Performance

Euronet Worldwide stock opened at $81.34 on Monday. The stock has a 50-day moving average price of $70.61 and a 200 day moving average price of $71.29. The company has a market capitalization of $3.10 billion, a price-to-earnings ratio of 11.74, a price-to-earnings-growth ratio of 0.64 and a beta of 0.83. Euronet Worldwide, Inc. has a 52 week low of $62.50 and a 52 week high of $107.02. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 1.29.

Euronet Worldwide (NASDAQ:EEFT) last issued its quarterly earnings results on Wednesday, April 29th. The business services provider reported $1.58 earnings per share for the quarter, topping the consensus estimate of $1.42 by $0.16. Euronet Worldwide had a net margin of 7.15% and a return on equity of 28.37%. The company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $969.68 million. During the same quarter in the prior year, the company earned $1.13 EPS. Euronet Worldwide’s quarterly revenue was up 10.5% on a year-over-year basis. Euronet Worldwide has set its FY 2026 guidance at 10.570-11.050 EPS. Sell-side analysts anticipate that Euronet Worldwide, Inc. will post 9.83 EPS for the current year.

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.