A Director at USA Technologies is Exercising Options

By Carrie Williams

Yesterday, a Director at USA Technologies, Albin Moschner, exercised options of USA Technologies for $41K.

This is Moschner’s first Buy trade following 6 Sell transactions. Following this transaction Albin Moschner’s holding in the company was increased by 5.88% to a total of $3.13 million.

Based on USA Technologies’ latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $32.51 million and GAAP net loss of $12.52 million. In comparison, last year the company earned revenue of $21.76 million and had a net profit of $233K. The company has a one-year high of $10.10 and a one-year low of $3.80. Currently, USA Technologies has an average volume of 666.1K.

Starting in November 2014, USAT received 9 Buy ratings in a row. Five different firms, including Barrington and Craig-Hallum, currently also have a Buy rating on the stock.

The insider sentiment on USA Technologies has been negative according to 29 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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USA Technologies, Inc. is a payment technology service provider of cashless and mobile transactions in the self service retail market. It also provides a line of cashless acceptance technologies including its NFC-ready ePort G-series, ePort Mobile for customers on the go, ePort Interactive, and QuickConnect, an API Web service for developers to remotely monitor, control and report on the results of distributed assets. The company was founded by George Raymond Jensen Jr. in January 1992 and is headquartered in Malvern, PA.