Value Holdings Management, based in New York, disclosed on Tuesday that it purchased 98,289 shares of Euronet Worldwide, Inc. (NASDAQ:EEFT) during the fourth quarter. The transaction was valued at an estimated $7.66 million, calculated using the quarterly average closing price.
According to an SEC filing released Wednesday, the fund's stake in Euronet Worldwide increased by these shares. The quarter-end value of the position rose by $6.33 million, reflecting both the additional shares and market price movements. After the purchase, the total holding stands at 196,412 shares, valued at $14.95 million.
The Euronet Worldwide position now represents 2.5% of the fund's 13F reportable assets under management. Other top holdings in the portfolio include EMCOR Group (NYSE:EME) at $60.98 million, Rollins (NYSE:ROL) at $56.37 million, Primoris Services (NYSE:PRIM) at $53.34 million, Westinghouse Air Brake Technologies (NYSE:WAB) at $49.71 million, and MKS Instruments (NASDAQ:MKSI) at $47.58 million.
As of Tuesday, EEFT shares were priced at $74.03. Over the past year, the stock has declined by 24.6%, underperforming the S&P 500, which gained approximately 17% in the same period. Euronet Worldwide's market capitalization is $3.03 billion, with trailing twelve-month revenue of $4.18 billion and net income of $304.30 million.
The company provides electronic payment solutions, ATM and POS management, prepaid mobile airtime distribution, money transfer, and related transaction processing services globally. It operates a network of over 50,000 ATMs and hundreds of thousands of POS and money transfer locations, serving financial institutions, retailers, merchants, agents, content providers, and individual consumers.