Today, the EVP & COO of Evertec (NYSE: EVTC), Philip Steurer, sold shares of EVTC for $243.9K.
Following Philip Steurer’s last EVTC Sell transaction on August 04, 2016, the stock climbed by 7.6%. In addition to Philip Steurer, one other EVTC executive reported Sell trades in the last month.
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Based on Evertec’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $113 million and quarterly net profit of $20.05 million. In comparison, last year the company earned revenue of $104 million and had a net profit of $20.09 million. EVTC’s market cap is $1.77B and the company has a P/E ratio of 32.64. Currently, Evertec has an average volume of 344.4K.
Three different firms, including Merrill Lynch and Goldman Sachs, currently also have a Sell rating on the stock.
In the last 30 days, insiders have sold $243.9K worth of EVTC shares and purchased $49.97K worth of EVTC shares. The insider sentiment on Evertec has been positive according to 51 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
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EVERTEC, Inc. engages in the provision of transaction services. It operates through the following segments: Payment Services-Puerto Rico and Caribbean, Payment Services-Latin America, Merchant Acquiring, and Business Solutions.
