Triumph Financial, Inc. (NYSE:TFIN – Get Free Report) CEO Aaron Graft sold 14,848 shares of the firm’s stock in a transaction on Monday, November 9th. The stock was sold at an average price of $62.81, for a total value of $932,602.88. Following the completion of the sale, the chief executive officer directly owned 150,678 shares of the company’s stock, valued at $9,464,085.18. The trade was a 8.97% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Triumph Financial Trading Up 2.8%
NYSE:TFIN traded up $1.74 during trading hours on Monday, hitting $62.97. The company had a trading volume of 150,927 shares, compared to its average volume of 249,091. The company has a market capitalization of $1.51 billion, a PE ratio of 32.13 and a beta of 1.47. The stock has a 50-day moving average price of $63.67 and a 200 day moving average price of $67.12. Triumph Financial, Inc. has a 52 week low of $49.27 and a 52 week high of $83.52. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.02 and a quick ratio of 1.02.
Triumph Financial (NYSE:TFIN – Get Free Report) last issued its quarterly earnings data on Wednesday, October 21st. The company reported $0.52 EPS for the quarter, missing the consensus estimate of $0.60 by ($0.08). Triumph Financial had a return on equity of 5.57% and a net margin of 8.96%. The company had revenue of $125.67 million during the quarter, compared to the consensus estimate of $123.11 million. On average, equities research analysts predict that Triumph Financial, Inc. will post 1.97 EPS for the current fiscal year.
Wall Street Analyst Weigh In
A number of equities analysts recently issued reports on TFIN shares. Keefe, Bruyette & Woods increased their price target on shares of Triumph Financial from $78.00 to $88.00 and gave the stock a “market perform” rating in a research note on Thursday, July 23rd. Raymond James Financial lowered their price objective on shares of Triumph Financial from $89.00 to $84.00 and set an “outperform” rating for the company in a report on Friday, September 25th. Stephens lifted their price objective on Triumph Financial from $67.00 to $70.00 and gave the company an “equal weight” rating in a research report on Friday, October 23rd. B. Riley Financial upgraded Triumph Financial from a “neutral” rating to a “buy” rating and set a $82.00 target price for the company in a research note on Friday, October 2nd. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Triumph Financial in a research report on Wednesday, November 4th. Two analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $78.80.
Read Our Latest Research Report on TFIN
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of the business. BlackRock Inc. purchased a new stake in shares of Triumph Financial in the second quarter worth $259,022,000. Barrow Hanley Mewhinney & Strauss LLC bought a new position in shares of Triumph Financial during the second quarter valued at $49,047,000. Diamond Hill Capital Management LLC Investment Advisor purchased a new position in shares of Triumph Financial in the 2nd quarter worth about $38,807,000. Bank of America Corp DE purchased a new position in shares of Triumph Financial in the 2nd quarter worth about $38,256,000. Finally, Ranger Investment Management L.P. bought a new position in Triumph Financial in the 2nd quarter worth about $36,920,000. 91.11% of the stock is currently owned by institutional investors.
About Triumph Financial
Triumph Financial, Inc is a financial holding company headquartered in Dallas, Texas, that provides banking, payments and financial services designed primarily for businesses and professionals in the transportation industry. The company operates through a technology-focused model that combines traditional banking capabilities with specialized payments and working-capital solutions.
Its offerings include commercial banking products, accounts and lending services, as well as transportation-focused invoice factoring through Triumph Business Capital.
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