The EVP of Evertec (EVTC) is Selling Shares


Today, the EVP of Evertec (EVTC), Carlos Ramirez, sold shares of EVTC for $1.17M.

Following Carlos Ramirez’s last EVTC Sell transaction on August 27, 2014, the stock climbed by 5.4%.

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Based on Evertec’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $112 million and quarterly net profit of $23 million. In comparison, last year the company earned revenue of $103 million and had a net profit of $6.1 million. EVTC’s market cap is $1.97B and the company has a P/E ratio of 27.72. Currently, Evertec has an average volume of 560.8K.

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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.

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