Global Payments Inc (NYSE:GPN) Director William I. Jacobs sold 600 shares of Global Payments stock in a transaction on Tuesday, February 13th. The shares were sold at an average price of $105.54, for a total value of $63,324.00. Following the transaction, the director now owns 37,075 shares in the company, valued at $3,912,895.50. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Global Payments Inc (GPN) traded up $0.45 on Tuesday, hitting $106.85. The stock had a trading volume of 1,248,813 shares, compared to its average volume of 1,062,027. The company has a market cap of $16,539.67, a price-to-earnings ratio of 59.92, a PEG ratio of 1.55 and a beta of 1.14. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.27. Global Payments Inc has a 1-year low of $76.47 and a 1-year high of $113.26.
Several equities analysts have recently issued reports on GPN shares. Nomura reiterated a “sell” rating and set a $83.00 price target on shares of Global Payments in a research report on Monday, October 16th. KeyCorp reiterated a “buy” rating and set a $110.00 price target on shares of Global Payments in a research report on Friday, October 27th. Morgan Stanley lifted their price target on Global Payments from $98.00 to $106.00 and gave the company an “equal weight” rating in a research report on Thursday, November 2nd. Piper Jaffray Companies lifted their price target on Global Payments to $105.00 and gave the company a “neutral” rating in a research report on Wednesday, November 8th. Finally, Stifel Nicolaus reiterated a “buy” rating and set a $121.00 price target (up from $103.00) on shares of Global Payments in a research report on Thursday, November 9th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and twenty-two have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $105.51.
Global Payments Company Profile
Global Payments Inc is a provider of payment technology services. The Company provides payment and digital commerce solutions. The Company operates through three segments: North America, Europe and Asia-Pacific. The Company’s segments primarily provide payment solutions for credit cards, debit cards, electronic payments and check-related services.
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