In a filing, Euronet Worldwide Inc revealed its CEO, EFT EMEA Division Fountas Nikos unloaded Company’s shares for reported $2.22 million on Dec 09 ’24. In the deal valued at $103.56 per share,21,479 shares were sold. As a result of this transaction, Fountas Nikos now holds 52,370 shares worth roughly $ 5.75 million.
Then, NIKOS FOUNTAS bought 21,479 shares, generating $2,224,591 in total proceeds.
Before that, Bruckner Martin L. sold 9,397 shares. Euronet Worldwide Inc shares valued at $1,008,383 were divested by the SVP – Chief Technology Officer at a price of $107.31 per share. As a result of the transaction, Bruckner Martin L. now holds 39,983 shares, worth roughly $4.39 million.
Citigroup downgraded its Euronet Worldwide Inc [EEFT] rating to a Neutral from a a Buy in a research note published on October 18, 2024; the price target was decreased to $110 from $118. A number of analysts have revised their coverage, including Oppenheimer’s analysts, who began to cover the stock in early October with a ‘”an Outperform”‘ rating. Monness Crespi & Hardt also remained covering EEFT and reiterated its “Neutral” recommendation on July 22, 2024. Wolfe Research revised its rating on May 17, 2024. It rated EEFT as “a Peer perform” which previously was an “an Underperform”.
Price Performance Review of EEFT
On Tuesday, Euronet Worldwide Inc [NASDAQ:EEFT] saw its stock jump 5.01% to $109.88. Over the last five days, the stock has gained 13.64%. Euronet Worldwide Inc shares have risen nearly 6.85% since the year began. Nevertheless, the stocks have risen 0.23% over the past one year. While a 52-week high of $117.66 was reached on 02/18/25, a 52-week low of $91.07 was recorded on 02/12/25. SMA at 50 days reached $101.09, while 200 days put it at $103.20.
Levels Of Support And Resistance For EEFT Stock
The 24-hour chart illustrates a support level at 106.56, which if violated will result in even more drops to 103.24. On the upside, there is a resistance level at 111.60. A further resistance level may holdings at 113.31. The Relative Strength Index (RSI) on the 14-day chart is 71.17, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 6.80, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 0.73%. Stochastics %K at 80.34% indicates the stock is a selling.
