Key Points
- GBank COO Tara Allyce Campbell sold 7,000 shares on Feb. 25 at an average price of $31.41 for $219,870, leaving her with 8,399 shares — a 45.46% reduction in her stake.
- GBFH shares opened at $30.21 and were trading down about 3.7%; the company has a market cap of $434.3M and a one‑year range of $27.30–$45.00.
- Analysts hold a consensus rating of Moderate Buy with a $46 average target despite some target cuts, while institutions like Geode opened new positions and Kennedy Capital increased its holdings by 37%.
GBank Financial Holdings Inc. (NASDAQ:GBFH - Get Free Report) COO Tara Allyce Campbell sold 7,000 shares of the firm's stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $31.41, for a total transaction of $219,870.00. Following the completion of the transaction, the chief operating officer directly owned 8,399 shares of the company's stock, valued at approximately $263,812.59. This trade represents a 45.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.
GBank Financial Trading Down 3.7%
Shares of GBFH stock opened at $30.21 on Friday. The stock has a market capitalization of $434.30 million, a price-to-earnings ratio of 20.83 and a beta of -1.01. The company's fifty day simple moving average is $33.07 and its two-hundred day simple moving average is $36.24. GBank Financial Holdings Inc. has a 1 year low of $27.30 and a 1 year high of $45.00. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.01 and a quick ratio of 0.95.
GBank Financial (NASDAQ:GBFH - Get Free Report) last posted its quarterly earnings results on Wednesday, January 28th. The company reported $0.52 EPS for the quarter, topping analysts' consensus estimates of $0.50 by $0.02. GBank Financial had a return on equity of 15.22% and a net margin of 19.09%.The firm had revenue of $20.43 million during the quarter.
Wall Street Analysts Forecast Growth
GBFH has been the topic of several analyst reports. JonesTrading decreased their price target on GBank Financial from $55.00 to $50.00 and set a "buy" rating on the stock in a research report on Thursday, January 29th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of GBank Financial in a report on Thursday, January 22nd. Finally, Hovde Group lowered their target price on shares of GBank Financial from $44.00 to $42.00 and set an "outperform" rating on the stock in a research note on Thursday, January 29th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $46.00.
Read Our Latest Report on GBFH
Institutional Trading of GBank Financial
A number of hedge funds have recently made changes to their positions in GBFH. Geode Capital Management LLC bought a new position in GBank Financial in the second quarter valued at $7,323,000. Emerald Mutual Fund Advisers Trust bought a new stake in GBank Financial during the second quarter worth about $3,087,000. Pekin Hardy Strauss Inc. bought a new position in shares of GBank Financial during the 2nd quarter valued at about $1,832,000. JCSD Capital LLC bought a new position in shares of GBank Financial during the 3rd quarter valued at about $1,603,000. Finally, Kennedy Capital Management LLC raised its holdings in shares of GBank Financial by 37.0% during the 4th quarter. Kennedy Capital Management LLC now owns 126,509 shares of the company's stock valued at $4,287,000 after buying an additional 34,158 shares in the last quarter.
About GBank Financial
(
Get Free Report)
GBank Financial Holdings Inc operates as a bank holding company for GBank which provides banking services to commercial and consumer customers principally in Nevada. The company offers business and personal checking and savings accounts. GBank Financial Holdings Inc is based in Las Vegas, Nevada.
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