Triumph Financial, Inc. (NASDAQ:TFIN) CEO Aaron P. Graft Sells 13,500 Shares

Triumph Financial, Inc. (NASDAQ:TFIN) CEO Aaron P. Graft sold 13,500 shares of the stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $106.36, for a total transaction of $1,435,860.00. Following the completion of the sale, the chief executive officer now directly owns 151,533 shares in the company, valued at approximately $16,117,049.88. This trade represents a 8.18 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Triumph Financial Trading Down 2.4 %

Shares of TFIN traded down $2.56 during midday trading on Tuesday, hitting $104.46. The stock had a trading volume of 80,622 shares, compared to its average volume of 143,218. The business has a 50-day simple moving average of $89.77 and a two-hundred day simple moving average of $84.02. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.05. The firm has a market cap of $2.44 billion, a P/E ratio of 134.05 and a beta of 1.21. Triumph Financial, Inc. has a fifty-two week low of $66.85 and a fifty-two week high of $110.58.

Triumph Financial (NASDAQ:TFIN) last announced its quarterly earnings data on Wednesday, October 16th. The company reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.02. Triumph Financial had a net margin of 4.47% and a return on equity of 2.64%. The business had revenue of $125.57 million for the quarter, compared to the consensus estimate of $106.29 million. During the same quarter last year, the company posted $0.51 earnings per share. As a group, equities analysts forecast that Triumph Financial, Inc. will post 0.62 EPS for the current year.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. DA Davidson increased their price objective on shares of Triumph Financial from $74.00 to $84.00 and gave the stock a “neutral” rating in a report on Friday, October 18th. B. Riley restated a “neutral” rating and set a $65.00 price objective on shares of Triumph Financial in a research report on Wednesday, October 2nd. Two research analysts have rated the stock with a sell rating and three have issued a hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $71.60.

Institutional Trading of Triumph Financial

Several institutional investors and hedge funds have recently added to or reduced their stakes in TFIN. First Hawaiian Bank acquired a new position in shares of Triumph Financial during the 2nd quarter worth about $720,000. American Century Companies Inc. lifted its stake in Triumph Financial by 12.6% in the 2nd quarter. American Century Companies Inc. now owns 570,688 shares of the company’s stock valued at $46,654,000 after acquiring an additional 63,760 shares in the last quarter. Thrivent Financial for Lutherans lifted its stake in Triumph Financial by 7.5% in the 2nd quarter. Thrivent Financial for Lutherans now owns 1,142,820 shares of the company’s stock valued at $93,425,000 after acquiring an additional 79,777 shares in the last quarter. Daiwa Securities Group Inc. lifted its stake in Triumph Financial by 182.3% in the 2nd quarter. Daiwa Securities Group Inc. now owns 35,169 shares of the company’s stock valued at $2,875,000 after acquiring an additional 22,711 shares in the last quarter. Finally, Kayne Anderson Rudnick Investment Management LLC lifted its stake in Triumph Financial by 258.3% in the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 2,630,607 shares of the company’s stock valued at $215,052,000 after acquiring an additional 1,896,348 shares in the last quarter. 91.11% of the stock is owned by institutional investors.

Triumph Financial Company Profile

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.