Triumph Financial (NYSE:TFIN) EVP Sells $193,430.00 in Stock

Triumph Financial, Inc. (NYSE:TFIN) EVP Edward Joseph Schreyer sold 2,900 shares of Triumph Financial stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $66.70, for a total value of $193,430.00. Following the completion of the sale, the executive vice president directly owned 18,434 shares in the company, valued at approximately $1,229,547.80. This represents a 13.59% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Triumph Financial Stock Performance

Shares of NYSE TFIN opened at $70.66 on Friday. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.05. The company’s 50 day moving average is $63.35. The firm has a market capitalization of $1.68 billion, a PE ratio of 59.38 and a beta of 1.40. Triumph Financial, Inc. has a 52 week low of $46.43 and a 52 week high of $77.84.

Triumph Financial (NYSE:TFIN) last posted its quarterly earnings results on Tuesday, April 21st. The company reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.15 by $0.08. The firm had revenue of $105.80 million during the quarter, compared to the consensus estimate of $106.88 million. Triumph Financial had a return on equity of 3.97% and a net margin of 6.07%. As a group, research analysts forecast that Triumph Financial, Inc. will post 1.72 EPS for the current year.

Analyst Ratings Changes

A number of research analysts have weighed in on the company. Wall Street Zen upgraded Triumph Financial from a “sell” rating to a “hold” rating in a research note on Saturday, February 14th. Zacks Research downgraded Triumph Financial from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 2nd. DA Davidson restated a “neutral” rating and issued a $60.00 price target on shares of Triumph Financial in a research note on Wednesday, April 22nd. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Triumph Financial in a research note on Tuesday, May 12th. Six analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Triumph Financial presently has an average rating of “Hold” and a consensus target price of $64.75.

Hedge Funds Weigh In On Triumph Financial

A number of institutional investors have recently bought and sold shares of TFIN. Fifth Third Bancorp increased its position in Triumph Financial by 85.4% during the third quarter. Fifth Third Bancorp now owns 497 shares of the company’s stock worth $25,000 after buying an additional 229 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in Triumph Financial by 66.8% during the third quarter. EverSource Wealth Advisors LLC now owns 522 shares of the company’s stock worth $26,000 after buying an additional 209 shares during the last quarter. Farther Finance Advisors LLC increased its position in Triumph Financial by 46.1% during the fourth quarter. Farther Finance Advisors LLC now owns 491 shares of the company’s stock worth $31,000 after buying an additional 155 shares during the last quarter. AlphaQuest LLC acquired a new position in Triumph Financial during the third quarter worth approximately $56,000. Finally, PNC Financial Services Group Inc. increased its position in Triumph Financial by 28.1% during the third quarter. PNC Financial Services Group Inc. now owns 2,342 shares of the company’s stock worth $117,000 after buying an additional 514 shares during the last quarter. Institutional investors and hedge funds own 91.11% of the company’s stock.

Triumph Financial Company Profile

Triumph Financial, Inc (NYSE: TFIN) is a financial holding company that operates through its banking subsidiary to provide commercial banking and related financial services. The company focuses on delivering deposit, lending and payment solutions customary to community-oriented banks and regional financial institutions.

Products and services typically offered include commercial and consumer lending, residential mortgage origination and servicing, deposit accounts, cash management and treasury services, and other fee-based banking products.