Significant Insider Selling in Shares of Euronet Worldwide (EEFT) Continues

Wednesday, February 14, 2018 10:15 PM ET

Significant Insider Selling in Shares of Euronet Worldwide (EEFT) Continues

An insider — Michael J Brown, Director and Officer — sold 20,000 shares of Euronet Worldwide having a market value of approximately $1,592,600 today, as disclosed in a form 4 document filed with the SEC. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the sale of 20,296 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 40,296 shares and have averaged 13,432 shares per transaction over this time period.

Over the last 90 days, the number of insider buy/sell trades at Euronet Worldwide is greater than its 22-company peer group average. The Transaction & Payment Services peer group saw 30 buy/sell trades during this period for an average of 1.4 transactions per company. However, the number of shares traded per transaction by Euronet Worldwide insiders is lower than its peers. Within the peer group there were 3,800 shares purchased and 679,490 shares sold with company insiders disposing of 22,523 shares on average over this time period.

Insider buying and selling activity that is significant has been determined by eliminating 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 in creating and writing this story.

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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