Green Dot (GDOT) Expected to Announce Earnings on Thursday

Green Dot (NYSE:GDOT) is anticipated to issue its quarterly earnings data after the market closes on Thursday, February 27th. Analysts expect the company to announce earnings of $0.38 per share and revenue of $421.86 million for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Green Dot Price Performance

GDOT opened at $8.46 on Wednesday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.52 and a current ratio of 0.52. Green Dot has a 52-week low of $7.70 and a 52-week high of $13.58. The stock has a market capitalization of $454.79 million, a PE ratio of -8.05 and a beta of 0.90. The stock’s 50 day moving average price is $9.43 and its 200-day moving average price is $10.56.

Insider Activity at Green Dot

In other Green Dot news, insider Topline Capital Management, Ll sold 247,230 shares of the company’s stock in a transaction dated Friday, December 27th. The stock was sold at an average price of $10.54, for a total value of $2,605,804.20. Following the completion of the sale, the insider now owns 6,088,737 shares in the company, valued at $64,175,287.98. This represents a 3.90 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, major shareholder Topline Capital Partners, Lp sold 331,339 shares of the company’s stock in a transaction dated Tuesday, December 31st. The stock was sold at an average price of $10.54, for a total value of $3,492,313.06. Following the completion of the sale, the insider now owns 5,376,787 shares of the company’s stock, valued at approximately $56,671,334.98. The trade was a 5.80 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 959,180 shares of company stock worth $10,071,696 over the last ninety days. 1.10% of the stock is owned by corporate insiders.

About Green Dot

Green Dot Corporation, a financial technology and registered bank holding company, provides various financial services to consumers and businesses in the United States. It operates through three segments: Consumer Services, Business to Business Services, and Money Movement Services. The company provides deposit account programs, including consumer and small business checking account products, network-branded reloadable prepaid debit cards and gift cards, and secured credit programs.