Evertec (NYSE:EVTC) COO Joaquin Castrillo-Salgado Acquires 20,000 Shares

Posted by Stanley Muller on May 11th, 2026

Evertec, Inc. (NYSE:EVTC – Get Free Report) COO Joaquin Castrillo-Salgado bought 20,000 shares of Evertec stock in a transaction dated Friday, May 8th. The stock was acquired at an average price of $22.74 per share, with a total value of $454,800.00. Following the purchase, the chief operating officer directly owned 143,987 shares of the company’s stock, valued at approximately $3,274,264.38. This represents a 16.13% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website.

Evertec Price Performance

NYSE:EVTC traded down $0.97 during mid-day trading on Monday, hitting $23.04. 709,953 shares of the stock traded hands, compared to its average volume of 472,760. The business’s 50-day moving average price is $28.63 and its 200 day moving average price is $28.81. The company has a market cap of $1.42 billion, a PE ratio of 11.13, a price-to-earnings-growth ratio of 0.91 and a beta of 0.80. Evertec, Inc. has a 12-month low of $21.82 and a 12-month high of $38.56. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 1.56.

Evertec (NYSE:EVTC – Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The business services provider reported $0.90 EPS for the quarter, missing the consensus estimate of $0.91 by ($0.01). The firm had revenue of $247.92 million for the quarter, compared to analysts’ expectations of $248.99 million. Evertec had a net margin of 13.95% and a return on equity of 31.40%. Evertec’s revenue was up 8.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.87 EPS. Evertec has set its FY 2026 guidance at 3.860-3.980 EPS. On average, analysts expect that Evertec, Inc. will post 3.4 EPS for the current fiscal year.

Evertec Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Monday, May 11th will be paid a dividend of $0.05 per share. The ex-dividend date of this dividend is Monday, May 11th. This represents a $0.20 annualized dividend and a yield of 0.9%. Evertec’s payout ratio is currently 9.66%.

Hedge Funds Weigh In On Evertec

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Lido Advisors LLC grew its stake in Evertec by 4.3% in the 3rd quarter. Lido Advisors LLC now owns 8,746 shares of the business services provider’s stock worth $295,000 after buying an additional 363 shares in the last quarter. State of Alaska Department of Revenue grew its stake in Evertec by 1.1% in the 4th quarter. State of Alaska Department of Revenue now owns 35,161 shares of the business services provider’s stock worth $1,022,000 after buying an additional 384 shares in the last quarter. ProShare Advisors LLC grew its stake in Evertec by 3.2% in the 4th quarter. ProShare Advisors LLC now owns 12,510 shares of the business services provider’s stock worth $364,000 after buying an additional 391 shares in the last quarter. Amalgamated Bank grew its stake in Evertec by 2.2% in the 3rd quarter. Amalgamated Bank now owns 18,633 shares of the business services provider’s stock worth $629,000 after buying an additional 408 shares in the last quarter. Finally, California State Teachers Retirement System grew its stake in Evertec by 0.7% in the 2nd quarter. California State Teachers Retirement System now owns 59,159 shares of the business services provider’s stock worth $2,133,000 after buying an additional 417 shares in the last quarter. Hedge funds and other institutional investors own 96.80% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently commented on EVTC shares. Wall Street Zen cut shares of Evertec from a “buy” rating to a “hold” rating in a research note on Saturday. Raymond James Financial reaffirmed an “outperform” rating and set a $34.00 price objective on shares of Evertec in a research note on Thursday. Zacks Research cut shares of Evertec from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 20th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Evertec in a research note on Friday, March 27th. Two equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, Evertec presently has a consensus rating of “Hold” and a consensus price target of $34.00.

Check Out Our Latest Research Report on Evertec

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.