Triumph Financial, Inc. (NASDAQ:TFIN - Get Free Report) Director Carlos M. Sepulveda sold 16,000 shares of the company's stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $71.12, for a total value of $1,137,920.00. Following the sale, the director now owns 351,484 shares in the company, valued at approximately $24,997,542.08. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
Triumph Financial Trading Up 2.3 %
NASDAQ:TFIN opened at $72.00 on Thursday. The stock has a 50-day simple moving average of $74.96 and a 200-day simple moving average of $72.87. The stock has a market cap of $1.68 billion, a P/E ratio of 54.96 and a beta of 1.20. Triumph Financial, Inc. has a 1 year low of $46.67 and a 1 year high of $82.22. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.00 and a current ratio of 1.00.
Wall Street Analysts Forecast Growth
Several equities research analysts have weighed in on TFIN shares. Keefe, Bruyette & Woods upped their price target on Triumph Financial from $61.00 to $68.00 and gave the stock a "market perform" rating in a report on Thursday, January 25th. Stephens lowered their price objective on Triumph Financial from $79.00 to $75.00 and set an "equal weight" rating for the company in a research report on Thursday, January 25th. Piper Sandler cut Triumph Financial from a "neutral" rating to an "underweight" rating and upped their price objective for the stock from $64.00 to $67.00 in a research report on Monday, February 12th. Finally, DA Davidson lowered their price objective on Triumph Financial from $73.00 to $68.00 and set a "neutral" rating for the company in a research report on Friday, April 19th. One investment analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $65.40.
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Institutional Trading of Triumph Financial
Large investors have recently made changes to their positions in the company. Larson Financial Group LLC acquired a new stake in shares of Triumph Financial in the 4th quarter valued at about $42,000. Quest Partners LLC acquired a new stake in shares of Triumph Financial in the 4th quarter valued at about $75,000. Allspring Global Investments Holdings LLC boosted its position in shares of Triumph Financial by 77.2% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,400 shares of the company's stock valued at $91,000 after purchasing an additional 610 shares during the period. Commonwealth Equity Services LLC acquired a new stake in shares of Triumph Financial in the 3rd quarter valued at about $200,000. Finally, Welch Group LLC acquired a new stake in shares of Triumph Financial in the 4th quarter valued at about $212,000. 91.11% of the stock is owned by institutional investors and hedge funds.
Triumph Financial Company Profile
(
Get Free Report)
Triumph Financial, Inc, a financial holding company, provides various payments, factoring, and banking services in the United States. It operates through Banking, Factoring, and Payments segments. The company offers deposit products, including checking, savings, money market and certificates of deposit; and loan products, such as commercial real estate, land, commercial construction and land development, residential real estate, commercial agriculture, and consumer loans, as well as commercial and industrial loans, equipment loans, asset-based loans, business loans for working capital and operational purposes, and liquid credit loans.
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