Pathward Financial, Inc. (NASDAQ:CASH - Get Free Report) CEO Brett Pharr sold 15,641 shares of the company's stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $93.88, for a total value of $1,468,377.08. Following the transaction, the chief executive officer directly owned 78,261 shares in the company, valued at approximately $7,347,142.68. This trade represents a 16.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Pathward Financial Trading Up 0.1%
Shares of Pathward Financial stock opened at $92.85 on Wednesday. The stock has a market capitalization of $2.02 billion, a PE ratio of 11.35 and a beta of 0.75. Pathward Financial, Inc. has a 52 week low of $64.45 and a 52 week high of $96.06. The stock has a 50 day moving average price of $81.95 and a two-hundred day moving average price of $76.46. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.79 and a current ratio of 0.81.
Pathward Financial (NASDAQ:CASH - Get Free Report) last issued its earnings results on Thursday, January 22nd. The savings and loans company reported $1.57 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.38 by $0.19. Pathward Financial had a return on equity of 22.76% and a net margin of 22.95%.The company had revenue of $173.10 million for the quarter, compared to analysts' expectations of $185.80 million. During the same period last year, the business earned $1.29 EPS. Pathward Financial's quarterly revenue was down .2% compared to the same quarter last year. Pathward Financial has set its FY 2026 guidance at 8.550-9.050 EPS. As a group, equities analysts anticipate that Pathward Financial, Inc. will post 7.26 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Pathward Financial
Institutional investors have recently added to or reduced their stakes in the company. Bessemer Group Inc. lifted its position in shares of Pathward Financial by 647.8% during the 2nd quarter. Bessemer Group Inc. now owns 344 shares of the savings and loans company's stock worth $27,000 after buying an additional 298 shares in the last quarter. Hughes Financial Services LLC purchased a new stake in shares of Pathward Financial during the second quarter valued at approximately $30,000. EverSource Wealth Advisors LLC increased its position in shares of Pathward Financial by 43,200.0% during the second quarter. EverSource Wealth Advisors LLC now owns 433 shares of the savings and loans company's stock valued at $34,000 after acquiring an additional 432 shares during the last quarter. Smartleaf Asset Management LLC lifted its holdings in Pathward Financial by 23.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 630 shares of the savings and loans company's stock worth $45,000 after acquiring an additional 118 shares during the period. Finally, State of Wyoming purchased a new position in Pathward Financial in the second quarter worth $46,000. 92.66% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
CASH has been the subject of several recent research reports. Weiss Ratings raised shares of Pathward Financial from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Monday, January 26th. Wall Street Zen downgraded Pathward Financial from a "buy" rating to a "hold" rating in a research note on Saturday, January 31st. Finally, Keefe, Bruyette & Woods upgraded Pathward Financial from a "market perform" rating to an "outperform" rating and set a $100.00 target price on the stock in a report on Friday, January 23rd. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of "Buy" and an average target price of $97.00.
Get Our Latest Research Report on Pathward Financial
About Pathward Financial
(
Get Free Report)
Pathward Financial (NASDAQ:CASH) is a U.S.-based financial services company that operates through its wholly owned subsidiary, Pathward Bank. The company provides a range of banking and payment solutions designed for consumers, small businesses, community banks and fintech partners. Core offerings include deposit accounts, consumer and commercial lending, debit and prepaid card programs, digital banking platforms and treasury management services.
Through its banking charter, Pathward Financial delivers customizable payment solutions, including prepaid cards, payroll cards and benefit disbursement programs.
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