Key Points
- Director Gilbert Fuller sold 10,000 shares of Security National Financial on April 7 at an average price of $9.45, a transaction of $94,500 that cut his stake by 23.82% to 31,973 shares (SEC filing disclosed).
- SNFCA opened at $9.51 (down ~0.9%), has a 52‑week range of $7.70–$10.48 and a market cap of ~$247.5M; the company reported $0.53 EPS on $82.98M revenue last quarter, with a net margin of 9.33% and ROE of 8.71%.
- Institutional investors have been adding positions (notably Goldman Sachs, Acadian, Cubist and Geode) so that institutions now own ~45.6% of the stock, while Wall Street Zen recently upgraded the shares to a Buy but the consensus rating remains a Hold.
Security National Financial Corporation (NASDAQ:SNFCA - Get Free Report) Director Gilbert Fuller sold 10,000 shares of the company's stock in a transaction dated Tuesday, April 7th. The stock was sold at an average price of $9.45, for a total transaction of $94,500.00. Following the completion of the transaction, the director owned 31,973 shares of the company's stock, valued at approximately $302,144.85. This trade represents a 23.82% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.
Security National Financial Trading Down 0.9%
NASDAQ SNFCA opened at $9.51 on Wednesday. Security National Financial Corporation has a 52 week low of $7.70 and a 52 week high of $10.48. The stock has a market cap of $247.45 million, a price-to-earnings ratio of 7.54 and a beta of 0.70. The company has a 50-day moving average price of $9.11 and a two-hundred day moving average price of $8.76.
Security National Financial (NASDAQ:SNFCA - Get Free Report) last posted its earnings results on Monday, March 16th. The credit services provider reported $0.53 EPS for the quarter. Security National Financial had a net margin of 9.33% and a return on equity of 8.71%. The firm had revenue of $82.98 million during the quarter.
Wall Street Analyst Weigh In
SNFCA has been the subject of several recent analyst reports. Wall Street Zen upgraded shares of Security National Financial from a "hold" rating to a "buy" rating in a research report on Saturday, March 21st. Weiss Ratings reiterated a "hold (c)" rating on shares of Security National Financial in a report on Monday, December 29th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the company presently has an average rating of "Hold".
Read Our Latest Report on Security National Financial
Institutional Trading of Security National Financial
Several institutional investors and hedge funds have recently added to or reduced their stakes in SNFCA. Cubist Systematic Strategies LLC lifted its stake in Security National Financial by 48.0% during the first quarter. Cubist Systematic Strategies LLC now owns 10,679 shares of the credit services provider's stock valued at $129,000 after purchasing an additional 3,462 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in Security National Financial by 36.4% during the first quarter. Goldman Sachs Group Inc. now owns 93,796 shares of the credit services provider's stock valued at $1,135,000 after purchasing an additional 25,020 shares during the last quarter. Empowered Funds LLC lifted its stake in Security National Financial by 8.1% during the first quarter. Empowered Funds LLC now owns 56,652 shares of the credit services provider's stock valued at $685,000 after purchasing an additional 4,250 shares during the last quarter. Acadian Asset Management LLC lifted its position in shares of Security National Financial by 303.0% in the 1st quarter. Acadian Asset Management LLC now owns 58,081 shares of the credit services provider's stock valued at $701,000 after acquiring an additional 43,670 shares in the last quarter. Finally, Geode Capital Management LLC lifted its position in shares of Security National Financial by 134.4% in the 2nd quarter. Geode Capital Management LLC now owns 308,665 shares of the credit services provider's stock valued at $3,041,000 after acquiring an additional 176,996 shares in the last quarter. 45.58% of the stock is owned by institutional investors and hedge funds.
Security National Financial Company Profile
(
Get Free Report)
Security National Financial Corp. is a diversified provider of mortgage lending, settlement and technology services under the NASDAQ ticker SNFCA. Through its primary subsidiaries—Security National Mortgage Company and Titan Lenders Corp—the company originates and funds residential mortgage loans across retail, wholesale and correspondent channels. Its platform supports a full range of loan products, including conventional, government-insured and jumbo financing tailored to homebuyers and investors.
Established in 1989, Security National Mortgage Company operates a nationwide branch network in all 50 states, offering local origination backed by centralized underwriting and closing services.
Further Reading
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