Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Euronet Worldwide Inc shares valued at $1,252,584 were sold by Bianchi Juan on Sep 06 ’24. At $100.69 per share, Bianchi Juan sold 12,440 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.
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Also, Bianchi Juan sold 4,000 shares, netting a total of over 410,320 in proceeds. Following the sale of shares at $102.58 each, the insider now holds 12,440 shares.
Before that, JUAN BIANCHI had added 12,440 shares to its account. In a trade valued at $1,252,620, the Officer bought Euronet Worldwide Inc shares for $100.69 each.
As published in a research note from Citigroup on October 18, 2024, Euronet Worldwide Inc [EEFT] has been rated down from a Buy to a Neutral and the price target has been revised to $110 from $118. Analysts at Oppenheimer started covering the stock with ‘”an Outperform”‘ outlook in a report released in early October. As of July 22, 2024, Monness Crespi & Hardt has reiterated its “Neutral” rating for EEFT. Earlier on May 17, 2024, Wolfe Research upgraded its rating. Their new recommendation was “a Peer perform” for EEFT stock which previously was a “an Underperform”.
Analyzing EEFT Stock Performance
During the last five days, there has been a surge of approximately 3.22%. Over the course of the year, Euronet Worldwide Inc shares have jumped approximately 0.76%. Shares of the company reached a 52-week high of $117.66 on 06/03/24 and a 52-week low of $91.07 on 08/05/24. A 50-day SMA is recorded $100.34, while a 200-day SMA reached $104.67. Nevertheless, trading volume fell to 0.63 million shares from 0.23 million shares the previous day.
Support And Resistance Levels for Euronet Worldwide Inc (EEFT)
According to the 24-hour chart, there is a support level at 98.02, which, if violated, would cause prices to drop to 93.77. In the upper region, resistance lies at 104.49. The next price resistance is at 106.71. RSI (Relative Strength Index) is 61.21 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.31, which suggests the price will increase in the coming days. Percent R is at 2.73%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
