Triumph Financial, Inc. (NYSE:TFIN – Get Free Report) EVP Edward Joseph Schreyer sold 2,900 shares of the business’s stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $73.75, for a total value of $213,875.00. Following the sale, the executive vice president directly owned 15,534 shares of the company’s stock, valued at approximately $1,145,632.50. This trade represents a 15.73% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Triumph Financial Stock Performance
Triumph Financial stock opened at $74.85 on Monday. The stock’s 50-day moving average is $76.54 and its 200-day moving average is $68.18. The company has a market cap of $1.79 billion, a price-to-earnings ratio of 50.57 and a beta of 1.39. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.01 and a quick ratio of 1.01. Triumph Financial, Inc. has a 12 month low of $46.43 and a 12 month high of $83.52.
Triumph Financial (NYSE:TFIN – Get Free Report) last issued its earnings results on Tuesday, July 21st. The company reported $0.44 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.44. The business had revenue of $120.24 million during the quarter, compared to analysts’ expectations of $114.67 million. Triumph Financial had a return on equity of 4.69% and a net margin of 7.17%. Equities analysts anticipate that Triumph Financial, Inc. will post 1.93 earnings per share for the current year.
Hedge Funds Weigh In On Triumph Financial
Wall Street Analyst Weigh In
A number of analysts recently weighed in on TFIN shares. B. Riley Financial upped their price target on shares of Triumph Financial from $70.00 to $82.00 and gave the stock a “neutral” rating in a research report on Friday, July 24th. DA Davidson raised their price objective on Triumph Financial from $65.00 to $82.00 and gave the company a “neutral” rating in a research report on Wednesday, July 29th. Weiss Ratings restated a “hold (c)” rating on shares of Triumph Financial in a research note on Friday, August 7th. Keefe, Bruyette & Woods upped their target price on Triumph Financial from $78.00 to $88.00 and gave the stock a “market perform” rating in a research report on Thursday, July 23rd. Finally, Zacks Research lowered Triumph Financial from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 28th. Six research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $85.00.
Check Out Our Latest Stock Report on TFIN
About Triumph Financial
Triumph Financial, Inc (NYSE: TFIN) is a financial holding company that operates through its banking subsidiary to provide commercial banking and related financial services. The company focuses on delivering deposit, lending and payment solutions customary to community-oriented banks and regional financial institutions.
Products and services typically offered include commercial and consumer lending, residential mortgage origination and servicing, deposit accounts, cash management and treasury services, and other fee-based banking products.
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