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A company insider recently sold 95,000 shares of Euronet Worldwide Inc [EEFT]. Should You Sale?

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Euronet Worldwide Inc shares valued at $9,565,550 were sold by Brown Michael J on Mar 13 ’25. At $100.69 per share, Brown Michael J sold 95,000 shares. The insider’s holdings dropped to 1,418,966 shares worth approximately $134.38 million following the completion of this transaction.

Also, Fountas Nikos sold 21,479 shares, netting a total of over 2,224,324 in proceeds. Following the sale of shares at $103.56 each, the insider now holds 52,370 shares.

Before that, NIKOS FOUNTAS had added 21,479 shares to its account. In a trade valued at $2,224,591, the Officer bought Euronet Worldwide Inc shares for $103.57 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 2.23%. Over the course of the year, Euronet Worldwide Inc shares have dropped approximately -7.92%. Shares of the company reached a 52-week high of $110.83 on 02/19/25 and a 52-week low of $85.24 on 04/08/25. A 50-day SMA is recorded $101.22, while a 200-day SMA reached $101.12.

Support And Resistance Levels for Euronet Worldwide Inc (EEFT)

According to the 24-hour chart, there is a support level at 93.50, which, if violated, would cause prices to drop to 92.30. In the upper region, resistance lies at 95.41. The next price resistance is at 96.11. RSI (Relative Strength Index) is 42.91 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.21, which suggests the price will decrease in the coming days. Percent R is at 60.19%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.

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