2 weeks Ago By Defense World Staff
Green Dot Co. ( NYSE:GDOT – Get Free Report ) major shareholder Topline Capital Partners, Lp purchased 162,243 shares of the company’s stock in a transaction on Tuesday, September 24th. The shares were bought at an average price of $11.
87 per share, for a total transaction of $1,925,824.41. Following the completion of the transaction, the insider now directly owns 6,157,665 shares in the company, valued at approximately $73,091,483.
55. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link . Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.
Green Dot Price Performance NYSE GDOT traded down $0.69 on Tuesday, hitting $11.02.
304,290 shares of the company were exchanged, compared to its average volume of 571,138. Green Dot Co. has a twelve month low of $7.
30 and a twelve month high of $14.05. The company’s 50 day moving average price is $10.
74 and its 200-day moving average price is $9.82. The firm has a market capitalization of $586.
37 million, a P/E ratio of -23.45 and a beta of 0.91.
Green Dot ( NYSE:GDOT – Get Free Report ) last issued its quarterly earnings results on Thursday, August 8th. The financial services provider reported $0.25 EPS for the quarter, beating the consensus estimate of $0.
23 by $0.02. The business had revenue of $407.
10 million during the quarter, compared to the consensus estimate of $381.87 million. Green Dot had a negative net margin of 3.
41% and a positive return on equity of 4.01%. The firm’s quarterly revenue was up 11.
3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.20 EPS.
As a group, equities analysts expect that Green Dot Co. will post 1 EPS for the current year. Institutional Investors Weigh In On Green Dot Analyst Ratings Changes GDOT has been the subject of a number of research reports.
Barclays increased their price target on Green Dot from $7.00 to $10.00 and gave the company an “underweight” rating in a research note on Monday, September 23rd.
Keefe, Bruyette & Woods reiterated a “market perform” rating and issued a $11.00 price target on shares of Green Dot in a research report on Monday, July 22nd. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company.
Based on data from MarketBeat.com, Green Dot has a consensus rating of “Hold” and an average target price of $11.50.
Read Our Latest Report on Green Dot About Green Dot ( Get Free Report ) 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.
Featured Articles Five stocks we like better than Green Dot Top Biotech Stocks: Exploring Innovation Opportunities Why Lennar Stock Could Be the Best Play in the Housing Market What Are Trending Stocks? Trending Stocks Explained 2 Energy Stocks Fueling the AI Datacenter Boom Insider Buying Explained: What Investors Need to Know Will Marinus Pharmaceuticals Be the Next Big Winner in Biotech? Receive News & Ratings for Green Dot Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Green Dot and related companies with MarketBeat.com's FREE daily email newsletter ..
