Allspring Global Investments Updates Euronet Worldwide Stake
Ticker: EEFT · Form: SC 13G/A · Filed: Jan 12, 2024 · CIK: 1029199
| Field | Detail |
|---|---|
| Company | Euronet Worldwide, Inc. (EEFT) |
| Form Type | SC 13G/A |
| Filed Date | Jan 12, 2024 |
| Risk Level | low |
| Pages | 5 |
| Reading Time | 6 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investing
TL;DR
**Allspring Global Investments just updated its Euronet Worldwide holdings, signaling continued institutional interest.**
AI Summary
Allspring Global Investments Holdings, LLC filed an amended SC 13G/A on January 12, 2024, indicating their ownership in Euronet Worldwide, Inc. as of December 31, 2023. This filing, an amendment to a previous disclosure, signals a routine update from a significant institutional investor. For investors, this matters because it confirms a major financial institution continues to hold a position in Euronet, suggesting ongoing confidence in the company's prospects, even if the exact change in their stake isn't detailed in this snippet.
Why It Matters
This filing confirms that a major institutional investor, Allspring Global Investments, continues to hold a significant stake in Euronet Worldwide, Inc., providing a vote of confidence in the company's stability.
Risk Assessment
Risk Level: low — This is a routine amendment filing by an institutional investor, indicating no immediate significant risk or change in company fundamentals.
Analyst Insight
An investor should note that a major institutional holder, Allspring Global Investments, continues to report its stake in Euronet Worldwide, suggesting ongoing institutional interest. While this filing doesn't detail changes in share count, it confirms their continued presence, which can be a positive signal. Further investigation into Allspring's specific share count changes from previous filings would provide more actionable insight.
Key Players & Entities
- Allspring Global Investments Holdings, LLC (company) — the institutional investor filing the SC 13G/A
- Euronet Worldwide, Inc. (company) — the subject company in which shares are held
- December 31, 2023 (date) — the date of the event requiring the filing
- January 12, 2024 (date) — the date the SC 13G/A was filed
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, as indicated by 'FORM TYPE: SC 13G/A' and '(Amendment No.2 )' in the filing.
Who is the subject company of this filing?
The subject company is EURONET WORLDWIDE, INC., as stated under 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: EURONET WORLDWIDE, INC.'.
Who is the entity that filed this SC 13G/A?
The entity that filed this SC 13G/A is Allspring Global Investments Holdings, LLC, as indicated under 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Allspring Global Investments Holdings, LLC'.
What was the date of the event that required this filing?
The date of the event which required the filing of this statement was December 31, 2023, as explicitly stated in the filing.
Under which rule of the Securities Exchange Act of 1934 was this Schedule 13G filed?
This Schedule 13G was filed under Rule 13d-1(b), as indicated by the checked box '[X] Rule 13d-1(b)'.
Filing Stats: 1,549 words · 6 min read · ~5 pages · Grade level 8.2 · Accepted 2024-01-12 08:31:08
Filing Documents
- Euronet_20231231.htm (SC 13G/A) — 27KB
- 0001890906-24-000077.txt ( ) — 29KB
Ownership
Item 4. Ownership. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: (i) AGIH: 3,687,685 (ii) AGI: 3,666,984 (ii) AFM: 3,098,871 (b) Percent of class: (i) AGIH: 8.00% (ii) AGI: 7.95% (ii) AFM: 6.72% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote (1) AGIH: 3,557,277 (2) AGI: 473,267 (3) AFM: 3,084,010 (ii) Shared power to vote or to direct the vote (1) AGIH: 0 (2) AGI: 0 (3) AFM: 0 (iii) Sole power to dispose or to direct the disposition of (1) AGIH: 3,687,685 (2) AGI: 3,666,984 (3) AFM: 20,701 (iv) Shared power to dispose or to direct the disposition of (1) AGIH: 0 (2) AGI: 0 (3) AFM: 0
Ownership of Five Percent or Less of a Class
Item 5. Ownership of Five Percent or Less of a Class If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following[ ].
Ownership of More than Five Percent on Behalf of Another Person
Item 6. Ownership of More than Five Percent on Behalf of Another Person. Not applicable Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person. Not Applicable Item 8. Identification and Classification of Members of the Group Not applicable.
Notice of Dissolution of Group
Item 9. Notice of Dissolution of Group Not applicable.
Certification
Item 10. Certification By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. January 11, 2024 Date /s/ Amy Stueve Signature Amy Stueve, Designated Signer Name/Title Exhibit A EXPLANATORY NOTE Exhibit B JOINT FILING AGREEMENT The undersigned hereby agree as follows: (i) Each of them is individually eligible to use the Schedule 13G to which this Exhibit is attached, and such Schedule 13G is filed on behalf of each of them; and (ii) each of them is responsible for the timely filing of such Schedule 13G and any amendments thereto, and for the completeness and accuracy of the information concerning such person contained therein; but none of them is responsible for the completeness or accuracy of the information concerning the other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate. Date: January 11, 2024 Allspring Global Investments Holdings, LLC By: /s/ Amy Stueve Amy Stueve, Designated Signer Allspring Global Investments, LLC By: /s/ Amy Stueve Amy Stueve, Vice President Allspring Funds Management, LLC By: /s/ Amy Stueve Amy Stueve, Designated Signer Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001)