Cardtronics Inc (CATM) Files Form 4 Insider Selling : Gerardo Garcia Sells 8,588 Shares

Cardtronics Inc (CATM): Gerardo Garcia , Chief Info. Security Officer of Cardtronics Inc sold 8,588 shares on May 26, 2016. The Insider selling transaction was reported by the company on May 31, 2016 to the Securities and Exchange Commission. The shares were sold at $38.37 per share for a total value of $329,521.56 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 11, 2016, Patrick Michael Mccarthy (Chief Information Officer) sold 3,033 shares at $38.47 per share price.On May 4, 2016, Rick Updyke (EVP Global Markets & Accounts) sold 17,910 shares at $40.04 per share price.Also, On Feb 18, 2016, J Chris Brewster (Chief Financial Officer) sold 6,305 shares at $30.00 per share price.On Jan 15, 2016, E. Brad Conrad (Chief Accounting Officer) sold 6,268 shares at $32.11 per share price.

Cardtronics: On Friday, May 27, 2016 heightened volatility was witnessed in Cardtronics which led to swings in the share price. The shares opened for trading at $38.24 and hit $39.18 on the upside , eventually ending the session at $39.17, with a gain of 2.16% or 0.83 points. The heightened volatility saw the trading volume jump to 2,90,938 shares. The 52-week high of the share price is $40.63 and the company has a market cap of $1,771 M . The 52-week low of the share price is at $28.01.

Cardtronics Money Flow Index Chart

Cardtronics Inc. (Cardtronics) provides automated consumer financial services. The Company provides these services through its network of automated teller machines (ATMs) and multi-function financial services kiosks. The Company’s operations consist of its U.S. Europe and Other International segments. Its U.S. segment includes the Company’s operations in all 50 states Puerto Rico and the U.S. Virgin Islands. Its Europe segment includes the Company’s operations in the United Kingdom and Germany. The Company’s Other International segment includes its operations in Mexico and Canada. Under the managed services arrangement retailers financial institutions and ATM distributors rely on the Company to handle some or all of the operational aspects associated with operating and maintaining ATMs. The Company deploys and operates devices under three arrangements with its retail partners: Company-owned ATM placements merchant-owned ATM placements and managed services.

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