USA Technologies, Inc. (NASDAQ:USAT) Director Albin F. Moschner sold 20,000 shares of the stock in a transaction on Friday, November 17th. The shares were sold at an average price of $8.25, for a total value of $165,000.00. Following the sale, the director now owns 422,926 shares of the company’s stock, valued at approximately $3,489,139.50. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

Shares of USA Technologies, Inc. (USAT) traded down $0.20 on Thursday, reaching $8.50. The company’s stock had a trading volume of 451,600 shares, compared to its average volume of 306,158. The firm has a market cap of $445.29, a P/E ratio of 435.00 and a beta of 0.87. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.67 and a quick ratio of 2.38. USA Technologies, Inc. has a 12 month low of $3.80 and a 12 month high of $8.80.

USA Technologies (NASDAQ:USAT) last announced its quarterly earnings results on Wednesday, November 8th. The technology company reported $0.00 earnings per share for the quarter, topping the consensus estimate of ($0.01) by $0.01. The company had revenue of $25.62 million for the quarter, compared to the consensus estimate of $25.87 million. USA Technologies had a return on equity of 1.20% and a net margin of 0.37%. analysts predict that USA Technologies, Inc. will post 0.07 earnings per share for the current fiscal year.

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A number of institutional investors and hedge funds have recently made changes to their positions in USAT. HighTower Advisors LLC purchased a new stake in shares of USA Technologies during the 2nd quarter worth about $1,668,000. Ardsley Advisory Partners purchased a new stake in shares of USA Technologies during the 2nd quarter worth about $2,080,000. Vanguard Group Inc. boosted its stake in shares of USA Technologies by 3.3% during the 1st quarter. Vanguard Group Inc. now owns 1,440,142 shares of the technology company’s stock worth $6,121,000 after acquiring an additional 45,825 shares in the last quarter. Wells Fargo & Company MN boosted its stake in shares of USA Technologies by 16.0% during the 2nd quarter. Wells Fargo & Company MN now owns 716,928 shares of the technology company’s stock worth $3,728,000 after acquiring an additional 99,035 shares in the last quarter. Finally, Trellus Management Company LLC purchased a new stake in shares of USA Technologies during the 3rd quarter worth about $478,000. 43.06% of the stock is currently owned by institutional investors.

Several analysts have recently commented on the company. Zacks Investment Research lowered USA Technologies from a “buy” rating to a “hold” rating in a report on Thursday. William Blair assumed coverage on USA Technologies in a research report on Thursday, August 24th. They issued an “outperform” rating on the stock. BidaskClub downgraded USA Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, August 12th. ValuEngine raised USA Technologies from a “sell” rating to a “hold” rating in a research report on Thursday, July 27th. Finally, Northland Securities reissued a “buy” rating and issued a $7.25 target price on shares of USA Technologies in a research report on Tuesday, September 5th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $8.25.

About USA Technologies

USA Technologies, Inc provides technology-enabled solutions and value-added services that facilitate electronic payment transactions within the unattended point of sale (POS) market. The Company is a provider in the small ticket, beverage and food vending industry and is also engaged in offering solutions and services to other unattended market segments, such as amusement, commercial laundry, kiosk and others.

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