Wednesday, August 02, 2017 10:15 PM ET
Insider Selling at Euronet Worldwide (EEFT) is Significant
There was a significant insider sale of Euronet Worldwide shares today, as indicated in a filing with the SEC as — Michael J Brown, Director and Officer — sold 60,000 shares in the company having a market value of approximately $5,789,400 This is the first insider buy/sell trade in the past 90 days.
Euronet Worldwide level of buy-sell trading activity is close to the 19 member peer company average. The Transaction & Payment Services peer group saw 25 buy/sell trades during this period for an average of 1.3 transactions per company. However, the number of shares per buy/sell trade transacted by Euronet Worldwide insiders is higher. Within the peer group there were 12,650 shares purchased and 180,886 shares sold with company insiders selling 6,729 shares on average.
In order to focus on significant insider buying and selling activity, all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers has been eliminated data sourced to create and write this story.
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