Insider Sale: CEO of Money Transfer Division Juan Bianchi Sells 16,440 Shares of Euronet ...

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Juan Bianchi, CEO of the Money Transfer Division at Euronet Worldwide Inc (NASDAQ:EEFT), executed a sale of 16,440 shares of the company on September 6, 2024. The transaction was filed on the same day through an SEC Filing. Following this transaction, the insider now owns 0 shares of Euronet Worldwide Inc.

Euronet Worldwide Inc operates as a leading electronic payments provider, offering payment and transaction processing and distribution solutions to financial institutions, retailers, service providers, and individual consumers. Their primary segments include electronic financial transactions and payments, facilitating money transfers, and providing electronic distribution of prepaid mobile phone cards and other services.

Over the past year, the insider transaction history for Euronet Worldwide Inc shows a limited number of transactions, with only 1 insider buy and 1 insider sell recorded. This recent sale by the insider marks a significant change in ownership for Juan Bianchi.

On the date of the sale, shares of Euronet Worldwide Inc were priced at $101.15, resulting in a market cap of approximately $4.43 billion. The company's price-earnings ratio stood at 17.13, which is below both the industry median of 25.39 and the companys historical median.

According to the GF Value, the intrinsic value of Euronet Worldwide Inc is estimated at $131.38 per share, suggesting that the stock is Modestly Undervalued with a price-to-GF-Value ratio of 0.77.

Insider Sale: CEO of Money Transfer Division Juan Bianchi Sells 16,440 Shares of Euronet Worldwide Inc (EEFT)
Insider Sale: CEO of Money Transfer Division Juan Bianchi Sells 16,440 Shares of Euronet Worldwide Inc (EEFT)

The GF Value is calculated considering historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.

Insider Sale: CEO of Money Transfer Division Juan Bianchi Sells 16,440 Shares of Euronet Worldwide Inc (EEFT)
Insider Sale: CEO of Money Transfer Division Juan Bianchi Sells 16,440 Shares of Euronet Worldwide Inc (EEFT)

This sale by the insider could be of interest to current and potential investors, as insider transactions can provide valuable insights into a company's financial health and future prospects.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

This article first appeared on GuruFocus.