Cardtronics Inc. (NASDAQ:CATM) insider David Walker Dove sold 5,000 shares of Cardtronics stock in a transaction dated Monday, November 7th. The stock was sold at an average price of $47.90, for a total value of $239,500.00. Following the completion of the transaction, the insider now directly owns 53,416 shares of the company’s stock, valued at $2,558,626.40. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Cardtronics Inc. (NASDAQ:CATM) opened at 49.23 on Friday. The firm’s 50-day moving average price is $47.92 and its 200-day moving average price is $43.29. Cardtronics Inc. has a 1-year low of $28.01 and a 1-year high of $50.45. The firm has a market cap of $2.23 billion, a P/E ratio of 28.91 and a beta of 0.69.

Cardtronics (NASDAQ:CATM) last posted its earnings results on Thursday, October 27th. The company reported $0.98 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.93 by $0.05. The company earned $328.30 million during the quarter, compared to analyst estimates of $115.95 million. Cardtronics had a net margin of 6.19% and a return on equity of 34.51%. Cardtronics’s revenue for the quarter was up 5.4% on a year-over-year basis. During the same period in the prior year, the business posted $0.82 earnings per share. Equities research analysts anticipate that Cardtronics Inc. will post $3.25 earnings per share for the current fiscal year.

Insider Buying and Selling by Quarter for Cardtronics (NASDAQ:CATM)

CATM has been the subject of a number of research analyst reports. Barrington Research lowered Cardtronics from an “outperform” rating to a “market perform” rating in a research report on Friday, July 29th. Jefferies Group boosted their target price on Cardtronics from $46.00 to $52.00 and gave the company a “buy” rating in a research report on Monday, August 1st. JPMorgan Chase & Co. lowered Cardtronics from an “overweight” rating to a “neutral” rating and boosted their target price for the company from $45.00 to $50.00 in a research report on Friday, August 19th. Feltl & Co. initiated coverage on Cardtronics in a research report on Thursday, September 22nd. They issued a “buy” rating and a $48.00 target price for the company. Finally, Zacks Investment Research raised Cardtronics from a “hold” rating to a “strong-buy” rating and set a $55.00 target price for the company in a research report on Thursday, October 6th. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $47.00.

Several hedge funds have recently bought and sold shares of CATM. BlackRock Institutional Trust Company N.A. raised its stake in Cardtronics by 0.5% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 1,123,948 shares of the company’s stock worth $40,451,000 after buying an additional 5,305 shares in the last quarter. BlackRock Group LTD raised its stake in Cardtronics by 9.4% in the first quarter. BlackRock Group LTD now owns 59,202 shares of the company’s stock worth $2,131,000 after buying an additional 5,098 shares in the last quarter. Capstone Asset Management Co. raised its stake in Cardtronics by 3.1% in the second quarter. Capstone Asset Management Co. now owns 13,520 shares of the company’s stock worth $538,000 after buying an additional 410 shares in the last quarter. Victory Capital Management Inc. raised its stake in Cardtronics by 77.3% in the second quarter. Victory Capital Management Inc. now owns 2,532 shares of the company’s stock worth $101,000 after buying an additional 1,104 shares in the last quarter. Finally, BNP Paribas Arbitrage SA raised its stake in Cardtronics by 96.7% in the second quarter. BNP Paribas Arbitrage SA now owns 15,280 shares of the company’s stock worth $608,000 after buying an additional 7,512 shares in the last quarter.

About Cardtronics

Cardtronics PLC, formerly Cardtronics, Inc, is a provider of automated consumer financial services. The Company provides these services through its network of automated teller machines (ATMs) and multi-function financial services kiosks. The Company’s operations consisted of its North America and Europe segments.

5 Day Chart for NASDAQ:CATM

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