Pathward Financial (NASDAQ:CASH) Insider Nadia Dombrowski Sells 5,000 Shares

Pathward Financial, Inc. (NASDAQ:CASHGet Free Report) insider Nadia Dombrowski sold 5,000 shares of Pathward Financial stock in a transaction on Friday, October 24th. The shares were sold at an average price of $71.46, for a total value of $357,300.00. Following the transaction, the insider owned 6,528 shares of the company’s stock, valued at $466,490.88. The trade was a 43.37% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Pathward Financial Stock Up 0.7%

Shares of NASDAQ:CASH opened at $68.57 on Friday. The stock has a fifty day simple moving average of $74.95 and a two-hundred day simple moving average of $76.93. The stock has a market capitalization of $1.56 billion, a price-to-earnings ratio of 8.68 and a beta of 0.62. Pathward Financial, Inc. has a 12-month low of $64.45 and a 12-month high of $86.00. The company has a current ratio of 0.79, a quick ratio of 0.76 and a debt-to-equity ratio of 0.04.

Pathward Financial (NASDAQ:CASHGet Free Report) last announced its quarterly earnings data on Tuesday, October 21st. The savings and loans company reported $1.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.39 by $0.30. Pathward Financial had a return on equity of 22.97% and a net margin of 22.45%.The business had revenue of $186.70 million during the quarter, compared to analysts’ expectations of $189.50 million. During the same quarter in the previous year, the business earned $1.35 earnings per share. The firm’s quarterly revenue was up 11.2% compared to the same quarter last year. Pathward Financial has set its FY 2026 guidance at 8.250-8.750 EPS. On average, research analysts anticipate that Pathward Financial, Inc. will post 7.26 earnings per share for the current fiscal year.

Pathward Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 1st. Stockholders of record on Wednesday, September 10th were paid a $0.05 dividend. The ex-dividend date was Wednesday, September 10th. This represents a $0.20 annualized dividend and a dividend yield of 0.3%. Pathward Financial’s payout ratio is currently 2.53%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. Keefe, Bruyette & Woods boosted their price target on Pathward Financial from $86.00 to $88.00 and gave the stock a “market perform” rating in a research note on Friday, July 11th. Weiss Ratings restated a “buy (b)” rating on shares of Pathward Financial in a research note on Wednesday, October 8th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $91.00.

Read Our Latest Stock Analysis on Pathward Financial

Institutional Trading of Pathward Financial

A number of hedge funds have recently bought and sold shares of the company. Universal Beteiligungs und Servicegesellschaft mbH increased its position in Pathward Financial by 210.0% during the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 25,786 shares of the savings and loans company’s stock valued at $1,908,000 after acquiring an additional 17,469 shares during the last quarter. Campbell & CO Investment Adviser LLC increased its position in Pathward Financial by 3.9% during the third quarter. Campbell & CO Investment Adviser LLC now owns 4,906 shares of the savings and loans company’s stock valued at $363,000 after acquiring an additional 186 shares during the last quarter. Concurrent Investment Advisors LLC increased its position in Pathward Financial by 11.8% during the third quarter. Concurrent Investment Advisors LLC now owns 3,850 shares of the savings and loans company’s stock valued at $285,000 after acquiring an additional 405 shares during the last quarter. SG Americas Securities LLC increased its position in Pathward Financial by 202.2% during the third quarter. SG Americas Securities LLC now owns 13,754 shares of the savings and loans company’s stock valued at $1,018,000 after acquiring an additional 9,203 shares during the last quarter. Finally, KLP Kapitalforvaltning AS increased its position in Pathward Financial by 9.0% during the third quarter. KLP Kapitalforvaltning AS now owns 8,500 shares of the savings and loans company’s stock valued at $629,000 after acquiring an additional 700 shares during the last quarter. Hedge funds and other institutional investors own 92.66% of the company’s stock.

About Pathward Financial

(Get Free Report)

Pathward Financial, Inc operates as the bank holding company for Pathward, National Association that provides various banking products and services in the United States. The company operates through three segments: Consumer, Commercial, and Corporate Services/Other. It offers demand deposit accounts, savings accounts, and money market savings accounts.

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