A range of consequential activities defined the recent trajectory of Global Payments (GPN). Evercore ISI Group initiated coverage of GPN, delivering an in-line recommendation. Amid various buy/sell activities, Legal & General Group Plc, Fmr LLC, Headlands Technologies LLC, and JP Morgan Chase & Co. sold substantial GPN shares. In contrast, Bank of Nova Scotia, National Bank of Canada FI, Resona Asset Management Co. Ltd., and Alliancebernstein L.P. purchased significant shares, indicating diverse market viewpoints.
Performance assessments varied too: GPN missed Q4 earnings due to high service costs but demonstrated record revenue growth and strategic advancements in Q4 2024. Goldman Sachs downgraded GPN to neutral from buy, while some analysts suggested GPN as one of the best fintech stocks to buy.
Strategic maneuverings saw Francisco Partners acquiring AdvancedMD from GPN and the release of GPN’s 2025 Commerce and Payment Trends Report. Speculation surrounded GPN's potential sale of its issuer business and the impact of an HR Chief's resignation.
Additionally, GPN and PayPal announced a partnership to simplify checkout with Fastlane, reflecting GPN's ongoing alignment with technological innovation. Promisingly, GPN shares recently yielded a dividend of $0.25.
Global Payments GPN News Analytics from Mon, 26 Aug 2024 07:00:00 GMT to Sat, 12 Apr 2025 10:37:03 GMT - Rating 1 - Innovation 2 - Information 7 - Rumor -3
