Triumph Financial (NASDAQ:TFIN) Stock Price Up 3.2%

Triumph Financial, Inc. (NASDAQ:TFIN) rose 3.2% during trading on Monday . The stock traded as high as $72.91 and last traded at $72.63. Approximately 19,810 shares were traded during mid-day trading, a decline of 87% from the average daily volume of 156,374 shares. The stock had previously closed at $70.37.

Analysts Set New Price Targets

TFIN has been the subject of several recent analyst reports. DA Davidson cut their price target on shares of Triumph Financial from $73.00 to $68.00 and set a “neutral” rating for the company in a report on Friday, April 19th. Keefe, Bruyette & Woods boosted their price target on shares of Triumph Financial from $68.00 to $75.00 and gave the stock a “market perform” rating in a report on Tuesday. One analyst has rated the stock with a sell rating and four have issued a hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $66.80.

Triumph Financial Price Performance

The firm has a market cap of $1.81 billion, a PE ratio of 59.24 and a beta of 1.19. The stock’s fifty day moving average price is $73.71 and its 200-day moving average price is $75.09. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.00 and a quick ratio of 1.00.

Triumph Financial (NASDAQ:TFIN) last released its earnings results on Wednesday, April 17th. The company reported $0.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.18). Triumph Financial had a return on equity of 4.22% and a net margin of 7.16%. The business had revenue of $101.03 million for the quarter, compared to analysts’ expectations of $106.01 million. As a group, equities analysts expect that Triumph Financial, Inc. will post 1.18 EPS for the current fiscal year.

Insider Transactions at Triumph Financial

In other news, insider Todd Ritterbusch sold 3,000 shares of the business’s stock in a transaction dated Monday, May 13th. The shares were sold at an average price of $74.07, for a total transaction of $222,210.00. Following the transaction, the insider now owns 7,434 shares of the company’s stock, valued at approximately $550,636.38. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. In other news, Director Carlos M. Sepulveda sold 16,000 shares of the business’s stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $71.12, for a total transaction of $1,137,920.00. Following the transaction, the director now owns 351,484 shares of the company’s stock, valued at approximately $24,997,542.08. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Todd Ritterbusch sold 3,000 shares of the business’s stock in a transaction dated Monday, May 13th. The shares were sold at an average price of $74.07, for a total transaction of $222,210.00. Following the transaction, the insider now directly owns 7,434 shares in the company, valued at approximately $550,636.38. The disclosure for this sale can be found here. Insiders sold 26,854 shares of company stock valued at $1,940,069 over the last 90 days. 6.15% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of TFIN. Larson Financial Group LLC acquired a new position in Triumph Financial in the fourth quarter valued at about $42,000. Quest Partners LLC acquired a new position in Triumph Financial in the fourth quarter valued at about $75,000. Welch Group LLC acquired a new position in Triumph Financial in the fourth quarter valued at about $212,000. Howard Financial Services LTD. acquired a new position in Triumph Financial in the fourth quarter valued at about $241,000. Finally, ProShare Advisors LLC lifted its position in Triumph Financial by 7.4% in the first quarter. ProShare Advisors LLC now owns 4,468 shares of the company’s stock valued at $354,000 after buying an additional 306 shares during the last quarter. Institutional investors and hedge funds own 91.11% of the company’s stock.

About Triumph Financial

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.