Oppenheimer Asset Management Inc. Has $1.29 Million Position in Euronet Worldwide, Inc. (EEFT)

Oppenheimer Asset Management Inc. decreased its holdings in Euronet Worldwide, Inc. (NASDAQ:EEFT) by 19.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,575 shares of the business services provider’s stock after selling 3,078 shares during the period. Oppenheimer Asset Management Inc.’s holdings in Euronet Worldwide were worth $1,288,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Euronet Worldwide by 2.4% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,202 shares of the business services provider’s stock worth $430,000 after purchasing an additional 100 shares during the last quarter. CWM LLC lifted its stake in Euronet Worldwide by 66.1% in the fourth quarter. CWM LLC now owns 294 shares of the business services provider’s stock worth $30,000 after purchasing an additional 117 shares during the last quarter. Coe Capital Management LLC lifted its stake in Euronet Worldwide by 2.8% in the third quarter. Coe Capital Management LLC now owns 12,480 shares of the business services provider’s stock worth $1,251,000 after purchasing an additional 345 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Euronet Worldwide by 13.9% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,102 shares of the business services provider’s stock worth $411,000 after purchasing an additional 500 shares during the last quarter. Finally, Stone Ridge Asset Management LLC lifted its stake in Euronet Worldwide by 6.1% in the third quarter. Stone Ridge Asset Management LLC now owns 10,509 shares of the business services provider’s stock worth $1,053,000 after purchasing an additional 600 shares during the last quarter.

In other Euronet Worldwide news, CEO Michael J. Brown sold 32,667 shares of the firm’s stock in a transaction that occurred on Thursday, November 15th. The shares were sold at an average price of $111.80, for a total value of $3,652,170.60. Following the completion of the sale, the chief executive officer now directly owns 1,454,817 shares in the company, valued at $162,648,540.60. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Michael J. Brown sold 2,610 shares of the firm’s stock in a transaction that occurred on Tuesday, November 13th. The shares were sold at an average price of $110.11, for a total transaction of $287,387.10. Following the completion of the sale, the chief executive officer now owns 1,454,817 shares of the company’s stock, valued at $160,189,899.87. The disclosure for this sale can be found here. Over the last three months, insiders have sold 197,716 shares of company stock worth $23,154,994. 7.40% of the stock is currently owned by corporate insiders.

Shares of EEFT stock opened at $115.33 on Friday. The company has a market cap of $6.02 billion, a P/E ratio of 26.64, a price-to-earnings-growth ratio of 1.33 and a beta of 1.12. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.46 and a current ratio of 1.46. Euronet Worldwide, Inc. has a 52-week low of $70.67 and a 52-week high of $121.93.

A number of equities analysts have recently commented on EEFT shares. BidaskClub raised shares of Euronet Worldwide from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, November 27th. Zacks Investment Research lowered shares of Euronet Worldwide from a “buy” rating to a “hold” rating in a research report on Friday, December 7th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, ten have given a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $127.56.

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About Euronet Worldwide

Euronet Worldwide, Inc provides payment and transaction processing and distribution solutions to financial institutions, retailers, service providers, and individual consumers worldwide. The company operates in three segments: Electronic Financial Transaction (EFT) Processing, epay, and Money Transfer.

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Institutional Ownership by Quarter for Euronet Worldwide (NASDAQ:EEFT)

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