Global Payments Inc. (GPN)

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Despite Global Payments Inc. strong earnings and growth trajectory, Belpointe Asset Management sells 40% of the company's shares.

Belpointe Asset Management LLC recently divested almost 40% of its shares in Global Payments Inc., according to a filing with the Securities & Exchange Commission. The firm sold 1,332 shares and currently holds 2,020 shares valued at $201,000. This news comes on the heels of Global Payments' impressive quarterly earnings report, which outperformed projections with $2.40 earnings per share (EPS) and $2.29 billion in revenue. Additionally, Global Payments had positive returns with a return on equity of 10.67%. Analysts predict that this move will not affect Global Payment’s strong performance and growth trajectory, especially now that more investors are looking to buy into the business services provider.