EVO Payments Inc (NASDAQ:EVOP) insider Darren Wilson sold 4,000 shares of the business’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $27.53, for a total value of $110,120.00. Following the completion of the transaction, the insider now directly owns 91,976 shares of the company’s stock, valued at $2,532,099.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Darren Wilson also recently made the following trade(s):

  • On Friday, November 1st, Darren Wilson sold 4,000 shares of EVO Payments stock. The stock was sold at an average price of $27.58, for a total value of $110,320.00.
  • On Tuesday, October 1st, Darren Wilson sold 4,000 shares of EVO Payments stock. The stock was sold at an average price of $27.97, for a total value of $111,880.00.

NASDAQ:EVOP opened at $28.03 on Wednesday. The company has a market cap of $2.30 billion, a PE ratio of -18.94, a PEG ratio of 3.56 and a beta of 0.59. EVO Payments Inc has a 52-week low of $21.81 and a 52-week high of $31.93. The stock has a 50-day simple moving average of $28.13 and a 200 day simple moving average of $28.99.

EVO Payments (NASDAQ:EVOP) last announced its earnings results on Thursday, November 7th. The company reported $0.19 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.16 by $0.03. The business had revenue of $152.60 million for the quarter, compared to analyst estimates of $146.83 million. EVO Payments had a negative return on equity of 5.02% and a negative net margin of 2.11%. EVO Payments’s revenue for the quarter was up 5.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.17 EPS. On average, research analysts anticipate that EVO Payments Inc will post 0.55 EPS for the current year.

Several equities analysts recently issued reports on the company. Wells Fargo & Co started coverage on EVO Payments in a research report on Monday, October 21st. They issued an “outperform” rating and a $32.00 price objective for the company. Zacks Investment Research downgraded shares of EVO Payments from a “buy” rating to a “hold” rating in a report on Thursday, October 17th. ValuEngine lowered shares of EVO Payments from a “buy” rating to a “hold” rating in a research note on Tuesday, August 6th. Finally, BTIG Research reaffirmed a “hold” rating on shares of EVO Payments in a research note on Thursday, August 8th. One analyst has rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $28.81.

Institutional investors and hedge funds have recently modified their holdings of the company. US Bancorp DE raised its holdings in shares of EVO Payments by 22.3% in the second quarter. US Bancorp DE now owns 2,321 shares of the company’s stock valued at $73,000 after purchasing an additional 423 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank bought a new stake in shares of EVO Payments in the second quarter worth $75,000. Bank of Montreal Can acquired a new position in EVO Payments during the second quarter worth $82,000. Tower Research Capital LLC TRC boosted its holdings in EVO Payments by 3,186.0% during the third quarter. Tower Research Capital LLC TRC now owns 4,469 shares of the company’s stock worth $126,000 after purchasing an additional 4,333 shares during the last quarter. Finally, HighTower Advisors LLC acquired a new position in EVO Payments during the second quarter worth $224,000. 48.20% of the stock is owned by institutional investors.

About EVO Payments

EVO Payments, Inc operates as an integrated merchant acquirer and payment processor servicing approximately 550,000 merchants. The company processes approximately 950 million transactions in North America and approximately 2.1 billion transactions in Europe. Its payment and commerce solutions consist of gateway solutions, online fraud prevention and management reporting, online hosted payments page capabilities, security tokenization, and encryption solutions at the point-of-sale and online; dynamic currency conversion; loyalty offers; and other ancillary solutions.

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