Cardtronics, Inc. (CATM) Major Shareholder Hudson Executive Capital Lp Acquires 63,100 Shares

Cardtronics, Inc. (NASDAQ:CATM) major shareholder Hudson Executive Capital Lp acquired 63,100 shares of the company’s stock in a transaction that occurred on Thursday, March 29th. The stock was bought at an average price of $22.47 per share, with a total value of $1,417,857.00. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Hudson Executive Capital Lp also recently made the following trade(s):

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  • On Wednesday, April 11th, Hudson Executive Capital Lp acquired 958,355 shares of Cardtronics stock. The stock was bought at an average price of $23.55 per share, with a total value of $22,569,260.25.
  • On Wednesday, February 21st, Hudson Executive Capital Lp acquired 322,000 shares of Cardtronics stock. The stock was bought at an average price of $23.32 per share, with a total value of $7,509,040.00.

CATM traded up $0.41 during trading on Tuesday, reaching $25.01. 266,364 shares of the company’s stock were exchanged, compared to its average volume of 773,597. The company has a debt-to-equity ratio of 2.35, a quick ratio of 0.79 and a current ratio of 0.82. Cardtronics, Inc. has a fifty-two week low of $15.80 and a fifty-two week high of $45.10. The firm has a market capitalization of $1,103.02, a PE ratio of 8.88, a P/E/G ratio of 1.83 and a beta of 0.89.



Cardtronics (NASDAQ:CATM) last released its earnings results on Tuesday, February 20th. The business services provider reported $0.73 EPS for the quarter, topping analysts’ consensus estimates of $0.55 by $0.18. Cardtronics had a negative net margin of 9.64% and a positive return on equity of 29.93%. The firm had revenue of $363.00 million during the quarter, compared to analyst estimates of $340.23 million. During the same quarter in the previous year, the business earned $0.79 EPS. The business’s quarterly revenue was up 17.6% compared to the same quarter last year. equities analysts forecast that Cardtronics, Inc. will post 1.19 EPS for the current year.

Hedge funds have recently made changes to their positions in the company. Zions Bancorporation acquired a new position in shares of Cardtronics in the 3rd quarter valued at $157,000. SG Americas Securities LLC acquired a new position in shares of Cardtronics in the 3rd quarter valued at $180,000. Millennium Management LLC acquired a new position in shares of Cardtronics in the 4th quarter valued at $204,000. Alps Advisors Inc. acquired a new position in shares of Cardtronics in the 4th quarter valued at $209,000. Finally, Invictus RG acquired a new position in shares of Cardtronics in the 3rd quarter valued at $255,000.

CATM has been the subject of several research analyst reports. SunTrust Banks boosted their price objective on shares of Cardtronics to $30.00 and gave the stock a “buy” rating in a research report on Wednesday, February 21st. BidaskClub raised shares of Cardtronics from a “hold” rating to a “buy” rating in a report on Wednesday, January 31st. ValuEngine raised shares of Cardtronics from a “hold” rating to a “buy” rating in a report on Wednesday, March 7th. Finally, Barrington Research reaffirmed a “hold” rating on shares of Cardtronics in a report on Sunday, February 25th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $27.25.

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Cardtronics Company Profile

Cardtronics plc provides automated consumer financial services through its network of automated teller machines (ATMs) and multi-function financial services kiosks. The company offers cash dispensing and bank balance inquiries; and financial related services to cardholders, as well as ATM management and ATM equipment-related services to large retail merchants, smaller retailers, and operators of facilities, such as shopping malls, airports, and train stations.

Insider Buying and Selling by Quarter for Cardtronics (NASDAQ:CATM)

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