Euronet Worldwide, Inc. $EEFT Shares Purchased by Rice Hall James & Associates LLC

Rice Hall James & Associates LLC increased its stake in Euronet Worldwide, Inc. (NASDAQ:EEFT) by 8.3% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 241,991 shares of the business services provider’s stock after acquiring an additional 18,515 shares during the quarter. Rice Hall James & Associates LLC’s holdings in Euronet Worldwide were worth $16,061,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in shares of Euronet Worldwide by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 3,767,279 shares of the business services provider’s stock valued at $286,728,000 after purchasing an additional 26,416 shares during the period. Bank of Montreal Can raised its position in shares of Euronet Worldwide by 933.8% during the 4th quarter. Bank of Montreal Can now owns 1,993,682 shares of the business services provider’s stock worth $151,739,000 after purchasing an additional 1,800,837 shares during the last quarter. Reinhart Partners LLC. raised its position in shares of Euronet Worldwide by 24.9% during the 4th quarter. Reinhart Partners LLC. now owns 1,348,340 shares of the business services provider’s stock worth $102,623,000 after purchasing an additional 268,542 shares during the last quarter. AQR Capital Management LLC raised its position in shares of Euronet Worldwide by 131.9% during the 2nd quarter. AQR Capital Management LLC now owns 1,308,267 shares of the business services provider’s stock worth $132,632,000 after purchasing an additional 744,040 shares during the last quarter. Finally, Van Berkom & Associates Inc. lifted its stake in Euronet Worldwide by 16.8% in the 4th quarter. Van Berkom & Associates Inc. now owns 1,291,075 shares of the business services provider’s stock valued at $98,264,000 after buying an additional 185,727 shares in the last quarter. 91.60% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

EEFT has been the topic of several research analyst reports. Weiss Ratings upgraded Euronet Worldwide from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, June 30th. Needham & Company LLC reissued a “buy” rating and set a $85.00 target price on shares of Euronet Worldwide in a report on Friday, May 22nd. Finally, DA Davidson restated a “buy” rating and issued a $102.00 target price on shares of Euronet Worldwide in a research report on Friday, July 10th. Three research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $95.00.

Insider Transactions at Euronet Worldwide

In other Euronet Worldwide news, Director Thomas A. Mcdonnell acquired 3,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The stock was bought at an average price of $66.87 per share, with a total value of $200,610.00. Following the purchase, the director owned 100,219 shares in the company, valued at approximately $6,701,644.53. The trade was a 3.09% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 12.19% of the company’s stock.

Euronet Worldwide Price Performance

Euronet Worldwide stock opened at $79.31 on Friday. Euronet Worldwide, Inc. has a 52-week low of $62.50 and a 52-week high of $105.86. The firm has a market capitalization of $3.02 billion, a price-to-earnings ratio of 11.44, a PEG ratio of 0.62 and a beta of 0.83. The company has a fifty day simple moving average of $71.66 and a 200-day simple moving average of $71.44. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 1.29.

Euronet Worldwide (NASDAQ:EEFT) last issued its earnings results on Wednesday, April 29th. The business services provider reported $1.58 EPS for the quarter, beating analysts’ consensus estimates of $1.42 by $0.16. The business had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $969.68 million. Euronet Worldwide had a net margin of 7.15% and a return on equity of 28.37%. The company’s quarterly revenue was up 10.5% compared to the same quarter last year. During the same period in the prior year, the business earned $1.13 earnings per share. Euronet Worldwide has set its FY 2026 guidance at 10.570-11.050 EPS. On average, equities analysts anticipate that Euronet Worldwide, Inc. will post 9.83 EPS for the current fiscal year.

Euronet Worldwide Profile

Euronet Worldwide, Inc is a global financial technology company specializing in electronic payment services and transaction processing. Through its three primary business segments—Electronic Funds Transfer (EFT) Network Services, epay® Prepaid and Payment Services, and Money Transfer—Euronet provides end-to-end solutions that enable secure, efficient and convenient payments for consumers, financial institutions and retailers worldwide.

In its EFT Network Services arm, Euronet operates one of the world’s largest ATM and point-of-sale (POS) terminal networks, offering deployment, management and connectivity services.