This Insider Just Bought 21,000 Shares of Evertec for $491,000 After a 36% Drop

6 days ago 12

Sarah Sidlow, The Motley Fool

Thu, June 4, 2026 astatine 7:40 AM CDT 5 min read

Evertec (NYSE:EVTC) Executive Vice President Miguel Vizcarrondo reported the open-market acquisition of 21,000 shares astatine astir $23.37 per stock connected May 11, for a full worth of astir $491,000, according to an SEC Form 4 filing.

Transaction summary

Metric

Value

Context

Shares traded	21,000	Shares acquired successful open-market purchase
Transaction value	$490,772.10	Based connected SEC Form 4 reported terms ($23.37 per share)
Post-transaction shares (direct)	142,214	Directly held shares aft transaction completion
Post-transaction worth (direct ownership)	$3.27 million	Based connected 5/11/26 marketplace adjacent ($23.02)

Transaction worth based connected SEC Form 4 reported terms ($23.37); post-transaction worth based connected May 11, 2026 marketplace adjacent ($23.02).

Key questions

How does this acquisition comparison to Vizcarrondo's humanities transaction signifier astatine Evertec?
This is his archetypal reported open-market bargain aft a play marked by 4 income totaling 96,013 shares implicit the past 2 years, reversing a nett selling trend.
What proportionality of his holdings did the transaction impact, and what is his existent ownership position?
The acquisition accrued his nonstop equity presumption by 17.32%, raising full nonstop holdings to 142,214 shares, which represents astir 0.23% of Evertec's outstanding shares arsenic of the latest data.
Did the transaction see immoderate indirect oregon derivative activity?
No; each shares acquired were held straight with nary information from indirect entities oregon derivative exercises reported successful this filing.
What marketplace discourse whitethorn person informed the timing of the transaction?
The bargain took spot arsenic Evertec shares were priced astatine $23.02 astatine the May 11, 2026 close, pursuing a one-year full instrumentality of -36%, suggesting the acquisition whitethorn bespeak accrued condemnation aft a important stock terms diminution and a play of reduced selling capacity.

Company overview

Metric

Value

Revenue (TTM)	$950.95 million
Net income (TTM)	$132.64 million
Dividend yield	0.69%
1-year terms change	(36%)

Note: 1-year terms alteration calculated utilizing May 11, 2026, arsenic the notation date.

Company snapshot

Offers outgo processing, merchant acquiring, halfway banking, IT consulting, and concern process outsourcing services, with gross chiefly from transaction processing and concern solutions crossed Latin America and the Caribbean.
Operates a transaction-based concern model, generating income from processing fees, web management, and value-added services to fiscal institutions, merchants, corporations, and authorities agencies.
Serves banks, merchants, corporations, and authorities entities, focusing connected clients successful Puerto Rico, the Caribbean, and Latin America.

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