Euronet Worldwide Executive VP & CEO of Money Transfer Segment Juan Bianchi Sells 100% Of Holding

We wouldn't blame Euronet Worldwide, Inc. (NASDAQ:EEFT) shareholders if they were a little worried about the fact that Juan Bianchi, the Executive VP & CEO of Money Transfer Segment recently netted about US$1.7m selling shares at an average price of US$101. Probably the most concerning element of the whole transaction is that the disposal amounted to 100% of their entire holding.

View our latest analysis for Euronet Worldwide

Euronet Worldwide Insider Transactions Over The Last Year

In fact, the recent sale by Juan Bianchi was the biggest sale of Euronet Worldwide shares made by an insider individual in the last twelve months, according to our records. So what is clear is that an insider saw fit to sell at around the current price of US$98.65. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign.

You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

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Insider Ownership Of Euronet Worldwide

Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Euronet Worldwide insiders own 6.2% of the company, currently worth about US$277m based on the recent share price. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

What Might The Insider Transactions At Euronet Worldwide Tell Us?

Unfortunately, there has been more insider selling of Euronet Worldwide stock, than buying, in the last three months. Despite some insider buying, the longer term picture doesn't make us feel much more positive. But since Euronet Worldwide is profitable and growing, we're not too worried by this. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. To assist with this, we've discovered 1 warning sign that you should run your eye over to get a better picture of Euronet Worldwide.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.