Triumph Financial (NYSE:TFIN) Stock: Insider Aaron Graft Sells 14,848 Shares

by · The Markets Daily

Triumph Financial, Inc. (NYSE:TFIN – Get Free Report) CEO Aaron Graft sold 14,848 shares of Triumph Financial stock in a transaction dated Monday, November 9th. The stock was sold at an average price of $62.81, for a total transaction of $932,602.88. Following the completion of the transaction, the chief executive officer directly owned 150,678 shares of the company’s stock, valued at $9,464,085.18. This trade represents a 8.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Triumph Financial Stock Up 2.8%

Shares of NYSE TFIN traded up $1.74 during midday trading on Monday, hitting $62.97. The stock had a trading volume of 150,927 shares, compared to its average volume of 249,091. The business’s 50 day moving average is $63.67 and its 200-day moving average is $67.12. The company has a market cap of $1.51 billion, a P/E ratio of 32.13 and a beta of 1.47. Triumph Financial, Inc. has a 52 week low of $49.27 and a 52 week high of $83.52. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.05.

Triumph Financial (NYSE:TFIN – Get Free Report) last posted its quarterly earnings results on Wednesday, October 21st. The company reported $0.52 EPS for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.08). The firm had revenue of $125.67 million for the quarter, compared to analysts’ expectations of $123.11 million. Triumph Financial had a net margin of 8.96% and a return on equity of 5.57%. As a group, analysts predict that Triumph Financial, Inc. will post 1.97 EPS for the current year.

Institutional Trading of Triumph Financial

Large investors have recently made changes to their positions in the stock. Legal & General Group Plc purchased a new position in shares of Triumph Financial during the second quarter valued at approximately $3,829,000. Philadelphia Financial Management of San Francisco LLC bought a new position in Triumph Financial during the second quarter valued at approximately $6,240,708. Susquehanna Fundamental Investments LLC lifted its position in Triumph Financial by 66.5% during the second quarter. Susquehanna Fundamental Investments LLC now owns 39,233 shares of the company’s stock valued at $2,994,000 after purchasing an additional 15,676 shares during the period. BlackRock Inc. purchased a new stake in Triumph Financial in the second quarter worth approximately $259,022,000. Finally, Squarepoint Ops LLC purchased a new stake in Triumph Financial in the second quarter worth approximately $1,874,000. 91.11% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts have commented on the company. Stephens increased their target price on Triumph Financial from $67.00 to $70.00 and gave the company an “equal weight” rating in a research note on Friday, October 23rd. Raymond James Financial reduced their target price on Triumph Financial from $89.00 to $84.00 and set an “outperform” rating for the company in a report on Friday, September 25th. DA Davidson boosted their price target on Triumph Financial from $67.00 to $70.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 27th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Triumph Financial in a report on Wednesday, November 4th. Finally, Keefe, Bruyette & Woods upped their price target on Triumph Financial from $78.00 to $88.00 and gave the company a “market perform” rating in a report on Thursday, July 23rd. Two research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, Triumph Financial has a consensus rating of “Hold” and a consensus target price of $78.80.

Read Our Latest Analysis on TFIN

Triumph Financial Company Profile

(Get Free Report)

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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