Pathward Financial (NASDAQ:CASH) CEO Sells $1,468,377.08 in Stock

Pathward Financial, Inc. (NASDAQ:CASH) CEO Brett Pharr sold 15,641 shares of the business’s stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $93.88, for a total value of $1,468,377.08. Following the transaction, the chief executive officer directly owned 78,261 shares of the company’s stock, valued at $7,347,142.68. The trade was a 16.66% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Pathward Financial Trading Up 0.6%

Shares of CASH opened at $94.88 on Friday. Pathward Financial, Inc. has a 1-year low of $64.45 and a 1-year high of $96.06. The company has a market capitalization of $2.06 billion, a P/E ratio of 11.60 and a beta of 0.75. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.81 and a quick ratio of 0.79. The firm’s 50 day simple moving average is $82.78 and its 200 day simple moving average is $76.71.

Pathward Financial (NASDAQ:CASH) last issued its quarterly earnings results on Thursday, January 22nd. The savings and loans company reported $1.57 EPS for the quarter, topping analysts’ consensus estimates of $1.38 by $0.19. The firm had revenue of $173.10 million for the quarter, compared to analyst estimates of $185.80 million. Pathward Financial had a net margin of 22.95% and a return on equity of 22.76%. The business’s revenue for the quarter was down .2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.29 EPS. Pathward Financial has set its FY 2026 guidance at 8.550-9.050 EPS. Sell-side analysts forecast that Pathward Financial, Inc. will post 7.26 earnings per share for the current fiscal year.

Pathward Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Thursday, March 12th will be given a dividend of $0.05 per share. The ex-dividend date is Thursday, March 12th. This represents a $0.20 dividend on an annualized basis and a yield of 0.2%. Pathward Financial’s dividend payout ratio (DPR) is presently 2.44%.

Analyst Ratings Changes

Several equities analysts have recently commented on CASH shares. Keefe, Bruyette & Woods upgraded Pathward Financial from a “market perform” rating to an “outperform” rating and set a $100.00 price objective on the stock in a research report on Friday, January 23rd. Weiss Ratings upgraded shares of Pathward Financial from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, January 26th. Finally, Wall Street Zen downgraded shares of Pathward Financial from a “buy” rating to a “hold” rating in a research note on Saturday, January 31st. Three research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $97.00.

Hedge Funds Weigh In On Pathward Financial

Large investors have recently bought and sold shares of the stock. Seros Financial LLC bought a new position in Pathward Financial during the 3rd quarter valued at approximately $481,003,000. Revolve Wealth Partners LLC purchased a new position in shares of Pathward Financial during the fourth quarter valued at approximately $267,437,000. Vanguard Group Inc. raised its holdings in shares of Pathward Financial by 0.8% during the third quarter. Vanguard Group Inc. now owns 1,857,345 shares of the savings and loans company’s stock valued at $137,462,000 after acquiring an additional 14,130 shares in the last quarter. American Century Companies Inc. raised its holdings in shares of Pathward Financial by 44.6% during the third quarter. American Century Companies Inc. now owns 1,049,836 shares of the savings and loans company’s stock valued at $77,698,000 after acquiring an additional 323,785 shares in the last quarter. Finally, Neumeier Poma Investment Counsel LLC lifted its stake in Pathward Financial by 62.0% in the third quarter. Neumeier Poma Investment Counsel LLC now owns 348,590 shares of the savings and loans company’s stock worth $25,799,000 after acquiring an additional 133,455 shares during the period. 92.66% of the stock is owned by hedge funds and other institutional investors.

About Pathward Financial

Pathward Financial (NASDAQ:CASH) is a U.S.-based financial services company that operates through its wholly owned subsidiary, Pathward Bank. The company provides a range of banking and payment solutions designed for consumers, small businesses, community banks and fintech partners. Core offerings include deposit accounts, consumer and commercial lending, debit and prepaid card programs, digital banking platforms and treasury management services.

Through its banking charter, Pathward Financial delivers customizable payment solutions, including prepaid cards, payroll cards and benefit disbursement programs.