Sorting Studs From Duds in USA Technologies, Inc. (USAT)

USA Technologies, Inc. (NASDAQ:USAT) enjoyed a 19.12% run-up in share price since hitting record low of $3.19. The stock managed 11.76% rise and now stands at $3.8 as of 02/08/2019. At recent session, the prices were hovering between $3.51 and $3.945. This company shares are 202.63% off its target price of $11.5 and the current market capitalization stands at $203.98M. The recent change has given its price a -19.76% deficit over SMA 50 and -77.41% deficit over its 52-week high. The stock witnessed -24% declines, -35.59% declines and -74.83% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found USAT’s volatility during a week at 11.66% and during a month it has been found around 9.75%.

USA Technologies, Inc. (USAT) Top Holders

Institutional investors currently hold around $159 million or 71.4% in USAT stock. Look at its top three institutional owners. Blackrock Inc. owns $14.8 million in USA Technologies, Inc., which represents roughly 7.25% of the company’s market cap and approximately 9.31% of the institutional ownership. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 2,795,837 shares of the stock are valued at $10.62 million. The third largest holder is Timessquare Capital Management, Llc, which currently holds $8.73 million worth of this stock and that ownership represents nearly 4.28% of its market capitalization.

USA Technologies, Inc. 13F Filings

At the end of December reporting period, 77 institutional holders increased their position in USA Technologies, Inc. (NASDAQ:USAT) by some 8,190,910 shares, 69 decreased positions by 11,819,162 and 15 held positions by 21,935,875. That puts total institutional holdings at 41,945,947 shares, according to SEC filings. The stock grabbed 29 new institutional investments totaling 3,457,683 shares while 28 institutional investors sold out their entire positions totaling 3,082,683 shares.

USA Technologies, Inc. (NASDAQ:USAT) Insider Trades

Multiple company employees have indulged in significant insider trading. USA Technologies, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director Moschner Albin F has sold 20,000 shares of USA Technologies, Inc. (USAT) in trading session dated Dec. 27, 2017. These shares are worth $189,000 and were traded at $9.45 each. The SEC filing shows that Moschner Albin F performed a sale of 20,000 shares. The Director disposed these shares by way of transaction on Dec. 18, 2017. The company’s shares were given away at $9.52 per share worth to an income of some $190,400 on account of Moschner Albin F.

Director, Moschner Albin F, sold 12,000 common shares of USA Technologies, Inc. (USAT) in the open market. In a transaction dated Dec. 05, 2017, the shares were put up for sale at an average price of $8.29, raking in a sum of $99,480. After this sale, 390,926 common shares of USAT are directly owned by the insider, with total stake valued at $1,485,519.

In the transaction dated Dec. 01, 2017, the great number of shares disposed came courtesy the Director; Moschner Albin F disposed a total of 12,000 shares at an average price of $8.62, amounting to approximately $103,440. The insider now directly owns 402,926 shares worth $1,531,119.

USA Technologies, Inc. (USAT) Analyst Guide

Several analysts have released their opinion on USA Technologies, Inc. (NASDAQ:USAT), with 0 analysts believing it is a strong buy. Whereas 1 of them predict the stock is a hold. Also, there are 2 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2.33 average brokerage recommendation.