Today, the CEO, epay and APAC Division of Euronet Worldwide (NASDAQ: EEFT), Kevin Caponecchi, bought shares of EEFT for $998K.
Following this transaction Kevin Caponecchi’s holding in the company was increased by 95.24% to a total of $5.29 million.
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Based on Euronet Worldwide’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $551 million and quarterly net profit of $26.41 million. In comparison, last year the company earned revenue of $473 million and had a net profit of $28.12 million. EEFT’s market cap is $4.26B and the company has a P/E ratio of 29.67. Currently, Euronet Worldwide has an average volume of 265.1K.
Starting in March 2014, EEFT received 32 Buy ratings in a row. Eight different firms, including D.A. Davidson and Goldman Sachs, currently also have a Buy rating on the stock.
In the last 30 days, insiders have sold $4.99M worth of EEFT shares and purchased $998K worth of EEFT shares.
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Euronet Worldwide, Inc. engages in the provision of electronic payment and transaction processing solutions for financial institutions, retailers, service providers, and individual consumers. It operates through the following segments: EFT Processing, Epay, and Money Transfer.
