Debra A. Bradford Acquires 1,508 Shares of Triumph Financial, Inc. (NASDAQ:TFIN) Stock

Triumph Financial, Inc. (NASDAQ:TFIN) Director Debra A. Bradford bought 1,508 shares of the business’s stock in a transaction on Wednesday, April 23rd. The stock was purchased at an average price of $49.39 per share, for a total transaction of $74,480.12. Following the purchase, the director now directly owns 3,348 shares in the company, valued at approximately $165,357.72. This represents a 81.96 % increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Triumph Financial Stock Performance

Shares of TFIN opened at $52.65 on Friday. The company has a market cap of $1.23 billion, a PE ratio of 97.50 and a beta of 1.18. The firm has a 50-day moving average of $58.35 and a 200-day moving average of $79.26. Triumph Financial, Inc. has a one year low of $42.90 and a one year high of $110.58. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.98 and a quick ratio of 0.98.

Triumph Financial (NASDAQ:TFIN) last issued its earnings results on Wednesday, April 16th. The company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by ($0.02). The firm had revenue of $101.57 million during the quarter, compared to analyst estimates of $104.49 million. Triumph Financial had a net margin of 3.30% and a return on equity of 1.93%. During the same quarter last year, the business posted $0.14 earnings per share. As a group, equities analysts forecast that Triumph Financial, Inc. will post 1.08 earnings per share for the current year.

Analysts Set New Price Targets

TFIN has been the subject of several recent research reports. B. Riley restated a “neutral” rating and set a $55.00 target price (down previously from $65.00) on shares of Triumph Financial in a report on Wednesday. Keefe, Bruyette & Woods reduced their price objective on shares of Triumph Financial from $68.00 to $56.00 and set a “market perform” rating for the company in a research note on Monday, April 21st. DA Davidson decreased their price objective on Triumph Financial from $68.00 to $56.00 and set a “neutral” rating for the company in a report on Monday, April 21st. Finally, Stephens reiterated an “equal weight” rating and set a $109.00 target price on shares of Triumph Financial in a report on Thursday, January 23rd. One equities research analyst has rated the stock with a sell rating and four have given a hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $68.20.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Smartleaf Asset Management LLC lifted its holdings in Triumph Financial by 310.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 563 shares of the company’s stock valued at $51,000 after purchasing an additional 426 shares during the last quarter. Blue Trust Inc. raised its position in shares of Triumph Financial by 43.4% in the fourth quarter. Blue Trust Inc. now owns 674 shares of the company’s stock valued at $61,000 after purchasing an additional 204 shares during the period. GAMMA Investing LLC lifted its stake in shares of Triumph Financial by 84.7% during the 1st quarter. GAMMA Investing LLC now owns 698 shares of the company’s stock worth $40,000 after buying an additional 320 shares during the last quarter. KBC Group NV boosted its holdings in shares of Triumph Financial by 51.9% during the 4th quarter. KBC Group NV now owns 1,212 shares of the company’s stock worth $110,000 after buying an additional 414 shares during the period. Finally, Mechanics Bank Trust Department acquired a new position in Triumph Financial in the 4th quarter valued at about $202,000. 91.11% of the stock is owned by institutional investors and hedge funds.

About Triumph Financial

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.