Green Dot Co. (NYSE:GDOT) Stock Holdings Cut by Savant Capital LLC

Savant Capital LLC reduced its position in shares of Green Dot Co. (NYSE:GDOT) by 14.4% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 14,174 shares of the financial services provider’s stock after selling 2,379 shares during the quarter. Savant Capital LLC’s holdings in Green Dot were worth $151,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Amalgamated Bank boosted its stake in shares of Green Dot by 14.0% during the 3rd quarter. Amalgamated Bank now owns 15,607 shares of the financial services provider’s stock worth $183,000 after acquiring an additional 1,920 shares in the last quarter. Louisiana State Employees Retirement System boosted its stake in shares of Green Dot by 13.0% during the 3rd quarter. Louisiana State Employees Retirement System now owns 26,000 shares of the financial services provider’s stock worth $304,000 after acquiring an additional 3,000 shares in the last quarter. Martingale Asset Management L P lifted its holdings in shares of Green Dot by 3.7% in the third quarter. Martingale Asset Management L P now owns 93,596 shares of the financial services provider’s stock valued at $1,096,000 after purchasing an additional 3,300 shares in the last quarter. State of Alaska Department of Revenue lifted its holdings in shares of Green Dot by 14.1% in the third quarter. State of Alaska Department of Revenue now owns 30,650 shares of the financial services provider’s stock valued at $358,000 after purchasing an additional 3,783 shares in the last quarter. Finally, Intech Investment Management LLC lifted its holdings in shares of Green Dot by 33.1% in the third quarter. Intech Investment Management LLC now owns 20,007 shares of the financial services provider’s stock valued at $234,000 after purchasing an additional 4,977 shares in the last quarter. 92.56% of the stock is owned by institutional investors.

Green Dot Price Performance

GDOT opened at $9.35 on Thursday. The stock has a fifty day moving average of $9.63 and a 200-day moving average of $10.56. The firm has a market capitalization of $502.67 million, a P/E ratio of -8.90 and a beta of 0.90. Green Dot Co. has a 12-month low of $7.70 and a 12-month high of $13.58. The company has a quick ratio of 0.52, a current ratio of 0.52 and a debt-to-equity ratio of 0.05.

Insider Activity

In other Green Dot news, 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 transaction, the insider now directly owns 5,376,787 shares of the company’s stock, valued at $56,671,334.98. This represents a 5.80 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Topline Capital Management, Ll sold 380,611 shares of Green Dot stock in a transaction dated Monday, December 30th. The shares were sold at an average price of $10.44, for a total value of $3,973,578.84. Following the sale, the insider now owns 5,708,126 shares of the company’s stock, valued at approximately $59,592,835.44. This represents a 6.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 959,180 shares of company stock worth $10,071,696 over the last quarter. Corporate insiders own 1.10% of the company’s stock.

Green Dot Profile

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.