USA Technologies, Inc. (NASDAQ:USAT) Director Albin F. Moschner sold 9,478 shares of the business’s stock in a transaction on Wednesday, December 26th. The shares were sold at an average price of $9.61, for a total value of $91,083.58. Following the completion of the transaction, the director now owns 352,926 shares of the company’s stock, valued at $3,391,618.86. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Shares of USA Technologies, Inc. (USAT) opened at $9.70 on Thursday. The company has a market capitalization of $520.11, a price-to-earnings ratio of 975.98 and a beta of 1.02. The company has a current ratio of 2.67, a quick ratio of 2.38 and a debt-to-equity ratio of 0.01. USA Technologies, Inc. has a twelve month low of $3.80 and a twelve month high of $10.10.

USA Technologies (NASDAQ:USAT) last released its quarterly earnings data on Wednesday, November 8th. The technology company reported $0.00 EPS for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.01. The business had revenue of $25.62 million during 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%. research analysts predict that USA Technologies, Inc. will post 0.07 earnings per share for the current year.

Several brokerages have weighed in on USAT. Northland Securities set a $12.00 price target on USA Technologies and gave the company a “buy” rating in a report on Monday, December 18th. Zacks Investment Research upgraded USA Technologies from a “hold” rating to a “buy” rating and set a $9.25 price objective for the company in a report on Wednesday, November 22nd. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $10.63.

Hedge funds have recently added to or reduced their stakes in the company. Prudential Financial Inc. acquired a new stake in shares of USA Technologies during the 3rd quarter worth $121,000. Alliancebernstein L.P. acquired a new stake in shares of USA Technologies during the 2nd quarter worth $130,000. New York State Common Retirement Fund increased its holdings in shares of USA Technologies by 75.7% during the 2nd quarter. New York State Common Retirement Fund now owns 29,700 shares of the technology company’s stock worth $154,000 after buying an additional 12,799 shares during the last quarter. The Manufacturers Life Insurance Company increased its holdings in shares of USA Technologies by 17.8% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 34,782 shares of the technology company’s stock worth $181,000 after buying an additional 5,263 shares during the last quarter. Finally, Archon Capital Management LLC acquired a new stake in shares of USA Technologies during the 3rd quarter worth $188,000. Institutional investors and hedge funds own 51.17% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for USA Technologies (NASDAQ:USAT)

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