Triumph Financial (NYSE:TFIN) Stock: Insider Aaron Graft Sells 14,848 Shares

Triumph Financial, Inc. (NYSE:TFIN) CEO Aaron Graft sold 14,848 shares of the company’s stock in a transaction dated Monday, November 9th. The shares were sold at an average price of $62.81, for a total value of $932,602.88. Following the sale, the chief executive officer owned 150,678 shares in the company, valued at approximately $9,464,085.18. This represents a 8.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Triumph Financial Stock Performance

NYSE TFIN opened at $61.59 on Wednesday. Triumph Financial, Inc. has a 52-week low of $49.27 and a 52-week high of $83.52. The company has a fifty day moving average of $63.30 and a 200-day moving average of $67.04. The company has a market capitalization of $1.47 billion, a P/E ratio of 31.85 and a beta of 1.47. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.02 and a current ratio of 1.02.

Triumph Financial (NYSE:TFIN) last announced its quarterly earnings data on Wednesday, October 21st. The company reported $0.52 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.08). The business had revenue of $125.67 million during the quarter, compared to analysts’ expectations of $123.11 million. Triumph Financial had a net margin of 8.96% and a return on equity of 5.57%. As a group, equities research analysts predict that Triumph Financial, Inc. will post 1.97 EPS for the current fiscal year.

Wall Street Analyst Weigh In

TFIN has been the subject of a number of recent analyst reports. DA Davidson upped their price target on Triumph Financial from $67.00 to $70.00 and gave the company a “neutral” rating in a research report on Tuesday, October 27th. Stephens raised their price target on Triumph Financial from $67.00 to $70.00 and gave the stock an “equal weight” rating in a research note on Friday, October 23rd. Zacks Research cut shares of Triumph Financial from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 28th. Weiss Ratings reissued a “hold (c)” rating on shares of Triumph Financial in a research report on Wednesday, November 4th. Finally, Keefe, Bruyette & Woods upped their price objective on shares of Triumph Financial from $78.00 to $88.00 and gave the stock a “market perform” rating in a report on Thursday, July 23rd. Two analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $78.80.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. BlackRock Inc. purchased a new position in Triumph Financial in the 2nd quarter worth about $259,022,000. Dimensional Fund Advisors LP boosted its position in Triumph Financial by 0.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 832,146 shares of the company’s stock valued at $49,641,000 after buying an additional 3,530 shares during the period. Barrow Hanley Mewhinney & Strauss LLC bought a new position in Triumph Financial in the 2nd quarter worth about $49,047,000. Ranger Investment Management L.P. grew its stake in Triumph Financial by 48.5% in the 1st quarter. Ranger Investment Management L.P. now owns 523,251 shares of the company’s stock worth $31,217,000 after acquiring an additional 170,871 shares in the last quarter. Finally, Diamond Hill Capital Management LLC Investment Advisor purchased a new position in shares of Triumph Financial during the second quarter worth approximately $38,807,000. Institutional investors own 91.11% of the company’s stock.

Triumph Financial Company Profile

Triumph Financial, Inc. is a financial services company focused on payments, factoring and banking, with a particular emphasis on the transportation industry. Its services include freight-payment solutions through TriumphPay, invoice factoring through Triumph Business Capital and commercial banking through TBK Bank. TriumphPay connects freight brokers, carriers and other participants in the transportation-payment process, offering tools for invoice management, payment processing and related services.