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):
- 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.
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.
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