Evertec (NYSE:EVTC) Director Sells 1,000 Shares

Key Points

  • Director sale: Evertec Director Aldo Polak sold 1,000 shares at an average price of $30.09, reducing his stake by 5.9% to 15,943 shares.
  • Strong quarterly results: Evertec reported quarterly EPS of $1.05, exceeding estimates by $0.10, while revenue rose 19.7% year over year to $274.82 million. The company issued fiscal 2026 EPS guidance of $3.94–$4.04.
  • Analyst sentiment remains cautious: Evertec has a consensus “Hold” rating and an average price target of $35, compared with a share price near $29.68. The company also pays a quarterly dividend of $0.05 per share, yielding approximately 0.7%.

Evertec, Inc. (NYSE:EVTC - Get Free Report) Director Aldo Polak sold 1,000 shares of the firm's stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $30.09, for a total value of $30,090.00. Following the sale, the director owned 15,943 shares in the company, valued at $479,724.87. The trade was a 5.90% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Evertec Stock Performance

NYSE:EVTC opened at $29.68 on Tuesday. The company has a market capitalization of $1.77 billion, a price-to-earnings ratio of 19.27, a PEG ratio of 0.85 and a beta of 0.70. The business has a 50 day moving average of $29.71 and a 200 day moving average of $27.91. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.70 and a quick ratio of 1.70. Evertec, Inc. has a 1-year low of $21.81 and a 1-year high of $36.31.

Evertec (NYSE:EVTC - Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The business services provider reported $1.05 EPS for the quarter, beating analysts' consensus estimates of $0.95 by $0.10. The business had revenue of $274.82 million for the quarter, compared to analysts' expectations of $262.24 million. Evertec had a net margin of 9.80% and a return on equity of 32.07%. The business's quarterly revenue was up 19.7% on a year-over-year basis. During the same period last year, the business earned $0.89 earnings per share. Evertec has set its FY 2026 guidance at 3.940-4.040 EPS. On average, sell-side analysts predict that Evertec, Inc. will post 3.53 earnings per share for the current fiscal year.

Evertec Announces Dividend




The firm also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Monday, August 3rd will be issued a dividend of $0.05 per share. The ex-dividend date of this dividend is Monday, August 3rd. This represents a $0.20 annualized dividend and a dividend yield of 0.7%. Evertec's dividend payout ratio (DPR) is currently 12.99%.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Hantz Financial Services Inc. raised its holdings in Evertec by 189.7% during the 4th quarter. Hantz Financial Services Inc. now owns 1,072 shares of the business services provider's stock valued at $31,000 after buying an additional 702 shares during the last quarter. Kestra Advisory Services LLC bought a new stake in Evertec in the 4th quarter worth $31,000. Clearstead Advisors LLC grew its holdings in Evertec by 194.5% in the 4th 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. Public Employees Retirement System of Ohio purchased a new position in shares of Evertec in the second quarter valued at about $37,000. Finally, Allworth Financial LP purchased a new position in Evertec during the second quarter valued at $38,000. 96.80% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have weighed in on the stock. Weiss Ratings raised shares of Evertec from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Tuesday, August 25th. Raymond James Financial reaffirmed an "outperform" rating and set a $34.00 price objective on shares of Evertec in a research note on Thursday, May 7th. Morgan Stanley set a $34.00 price objective on Evertec in a report on Thursday, August 6th. Finally, Wall Street Zen raised Evertec from a "hold" rating to a "buy" rating in a research note on Saturday, August 8th. Two investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company's stock. According to MarketBeat.com, Evertec has a consensus rating of "Hold" and an average price target of $35.00.

Get Our Latest Report on EVTC

Evertec Company Profile

(Get Free Report)

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.

Further Reading

This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].

Insider Buying or Selling at Evertec?
Sign-up to receive InsiderTrades.com's daily insider buying and selling report for Evertec and related companies.
From Our Partners
Free Insider Buying and Selling Newsletter
Enter your email address below to receive InsiderTrades.com's daily insider buying and selling report.
From Our Partners

Most Read This Month

Recent Articles