Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Euronet Worldwide Inc shares valued at $1,008,383 were sold by Bruckner Martin L. on Nov 25 ’24. At $107.31 per share, Bruckner Martin L. sold 9,397 shares. The insider’s holdings dropped to 39,983 shares worth approximately $4.21 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, Caponecchi Kevin J sold 52,034 shares, netting a total of over 5,547,515 in proceeds. Following the sale of shares at $106.61 each, the insider now holds 90,288 shares.
Before that, Bianchi Juan had sold 12,440 shares from its account. In a trade valued at $1,252,584, the CEO, Money Transfer Division traded Euronet Worldwide Inc shares for $100.69 each. Upon closing the transaction, the insider’s holdings decreased to 12,440 shares, worth approximately $0.0.
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 1.69%. Over the course of the year, Euronet Worldwide Inc shares have jumped approximately 3.64%. 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 $100.37, while a 200-day SMA reached $104.81. Nevertheless, trading volume fell to 0.16 million shares from 0.35 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 104.70, which, if violated, would cause prices to drop to 104.22. In the upper region, resistance lies at 106.07. The next price resistance is at 106.96. RSI (Relative Strength Index) is 59.76 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.03, which suggests the price will increase in the coming days. Percent R is at 35.88%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
