Global Payments Inc. (GPN) has been witnessing significant financial activities. Several asset management entities, such as
Franklin Resources,
Wilmington Savings Fund Society FSB,
Nomura Asset Management Co. Ltd,
Virtu Financial LLC, and
Y Intercept Hong Kong Ltd, have increased their holdings in GPN. However, some, like
Public Employees Retirement System of Ohio and
Wellington Management Group LLP, had sold their shares. The firm has been consistently outperforming its peers, despite some daily losses. GPN's stock recently enjoyed an
upgrade at StockNews.com and received a 'Moderate Buy' recommendation from analysts. Its revenue continues to show strong growth and it released a promising
2025 Commerce and Payment Trends Report. Despite some investor fears, the stock has been proposed as undervalued and a good fintech investment. GPN's Q3 2024 earnings highlight a profitable year, but there were higher-than-expected expenses which caused the third-quarter profit to fall. Insiders selling shares may suggest some hesitancy about the company's prospects.
Francisco Partners is set to acquire AdvancedMD from GPN. The firm will present at notable conferences showing strong market presence. The company's CEO reshaped the business focusing on high growth software sector. GPN is expected to keep rewarding its shareholders with dividends.
Global Payments GPN News Analytics from Wed, 17 Apr 2024 07:00:00 GMT to Sat, 14 Dec 2024 12:34:25 GMT -
Rating 6
- Innovation 7
- Information 8
- Rumor -2
