Evertec (NYSE:EVTC) EVP Sells $551,858.16 in Stock

Evertec, Inc. (NYSE:EVTC) EVP Paola Perez-Surillo sold 17,486 shares of the company’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $31.56, for a total transaction of $551,858.16. Following the completion of the sale, the executive vice president owned 46,421 shares in the company, valued at approximately $1,465,046.76. This trade represents a 27.36% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Evertec Stock Performance

Shares of EVTC stock opened at $31.55 on Monday. The stock has a market capitalization of $1.89 billion, a price-to-earnings ratio of 20.49, a PEG ratio of 0.90 and a beta of 0.70. Evertec, Inc. has a one year low of $21.81 and a one year high of $37.38. The company’s 50-day simple moving average is $28.74 and its 200-day simple moving average is $27.80. The company has a debt-to-equity ratio of 1.89, a quick ratio of 1.70 and a current ratio of 1.70.

Evertec (NYSE:EVTC) last announced its quarterly earnings data on Tuesday, August 4th. The business services provider reported $1.05 earnings per share for the quarter, beating the consensus estimate of $0.95 by $0.10. Evertec had a return on equity of 32.07% and a net margin of 9.80%.The firm had revenue of $274.82 million during the quarter, compared to analyst estimates of $262.24 million. During the same period in the previous year, the company earned $0.89 earnings per share. Evertec’s quarterly revenue was up 19.7% on a year-over-year basis. Evertec has set its FY 2026 guidance at 3.940-4.040 EPS. Equities analysts anticipate that Evertec, Inc. will post 3.53 earnings per share for the current fiscal year.

Evertec Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Monday, August 3rd will be issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Monday, August 3rd. Evertec’s payout ratio is 12.99%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the stock. Kestra Advisory Services LLC acquired a new stake in Evertec in the fourth quarter worth $31,000. Hantz Financial Services Inc. boosted its holdings in shares of Evertec by 189.7% during the fourth quarter. Hantz Financial Services Inc. now owns 1,072 shares of the business services provider’s stock valued at $31,000 after acquiring an additional 702 shares during the period. Clearstead Advisors LLC grew its position in shares of Evertec by 194.5% during the fourth quarter. Clearstead Advisors LLC now owns 1,240 shares of the business services provider’s stock worth $36,000 after acquiring an additional 819 shares during the last quarter. Allworth Financial LP bought a new position in shares of Evertec during the second quarter worth about $38,000. Finally, Global Retirement Partners LLC grew its position in shares of Evertec by 53.1% during the fourth quarter. Global Retirement Partners LLC now owns 1,471 shares of the business services provider’s stock worth $43,000 after acquiring an additional 510 shares during the last quarter. 96.80% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

EVTC has been the topic of several research analyst reports. Weiss Ratings cut Evertec from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, August 11th. Raymond James Financial reissued an “outperform” rating and set a $34.00 target price on shares of Evertec in a report on Thursday, May 7th. Wall Street Zen upgraded shares of Evertec from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Finally, Morgan Stanley set a $34.00 price target on shares of Evertec in a report on Thursday, August 6th. Two equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $35.00.

Evertec Company Profile

Evertec, Inc (NYSE: EVTC) is a leading full‐service transaction processor in Puerto Rico, Latin America and the Caribbean. The company delivers integrated technology solutions for electronic payments, providing financial institutions, merchants and governments with secure and scalable platforms to accept, process and settle transactions across card, ATM, debit and digital channels. Headquartered in San Juan, Puerto Rico, Evertec supports both domestic and cross‐border payment flows, enabling clients to streamline operations and expand their digital commerce capabilities.

Evertec’s suite of services includes merchant acquiring, payment gateway connectivity, ATM and point‐of‐sale network management, and fraud prevention solutions.