Pathward Financial (NASDAQ:CASH) Director Sells $204,330.00 in Stock

Pathward Financial, Inc. (NASDAQ:CASH) Director Douglas Hajek sold 3,000 shares of Pathward Financial stock in a transaction dated Friday, October 31st. The shares were sold at an average price of $68.11, for a total value of $204,330.00. Following the transaction, the director directly owned 16,631 shares of the company’s stock, valued at $1,132,737.41. The trade was a 15.28% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Pathward Financial Price Performance

NASDAQ:CASH traded down $0.57 during mid-day trading on Monday, hitting $67.49. 206,467 shares of the stock traded hands, compared to its average volume of 195,096. The business’s 50-day moving average price is $74.74 and its 200 day moving average price is $77.01. The company has a market cap of $1.54 billion, a PE ratio of 8.54 and a beta of 0.62. Pathward Financial, Inc. has a 12-month low of $64.45 and a 12-month high of $86.00. The company has a quick ratio of 0.76, a current ratio of 0.79 and a debt-to-equity ratio of 0.04.

Pathward Financial (NASDAQ:CASH) last issued its quarterly earnings data on Tuesday, October 21st. The savings and loans company reported $1.69 EPS for the quarter, beating the consensus estimate of $1.39 by $0.30. Pathward Financial had a net margin of 22.45% and a return on equity of 22.97%. The company had revenue of $186.70 million during the quarter, compared to analysts’ expectations of $189.50 million. During the same quarter in the previous year, the company earned $1.35 earnings per share. Pathward Financial’s revenue for the quarter was up 11.2% on a year-over-year basis. Pathward Financial has set its FY 2026 guidance at 8.250-8.750 EPS. On average, analysts expect that Pathward Financial, Inc. will post 7.26 EPS for the current fiscal year.

Pathward Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 1st. Shareholders of record on Wednesday, September 10th were paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Wednesday, September 10th. Pathward Financial’s payout ratio is currently 2.53%.

Institutional Investors Weigh In On Pathward Financial

Several institutional investors and hedge funds have recently bought and sold shares of CASH. Bessemer Group Inc. grew its position in shares of Pathward Financial by 647.8% in the 2nd quarter. Bessemer Group Inc. now owns 344 shares of the savings and loans company’s stock worth $27,000 after buying an additional 298 shares during the last quarter. Hughes Financial Services LLC purchased a new stake in Pathward Financial in the second quarter worth $30,000. Maseco LLP purchased a new stake in shares of Pathward Financial in the 2nd quarter worth about $31,000. EverSource Wealth Advisors LLC boosted its stake in shares of Pathward Financial by 43,200.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 433 shares of the savings and loans company’s stock valued at $34,000 after purchasing an additional 432 shares in the last quarter. Finally, USAdvisors Wealth Management LLC boosted its stake in shares of Pathward Financial by 37.0% during the 1st quarter. USAdvisors Wealth Management LLC now owns 607 shares of the savings and loans company’s stock valued at $44,000 after purchasing an additional 164 shares in the last quarter. Hedge funds and other institutional investors own 92.66% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of Pathward Financial in a research report on Wednesday, October 8th. Keefe, Bruyette & Woods upped their price objective on Pathward Financial from $86.00 to $88.00 and gave the stock a “market perform” rating in a report on Friday, July 11th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, Pathward Financial has a consensus rating of “Moderate Buy” and an average target price of $91.00.

Pathward Financial Company Profile

Pathward Financial, Inc operates as the bank holding company for Pathward, National Association that provides various banking products and services in the United States. The company operates through three segments: Consumer, Commercial, and Corporate Services/Other. It offers demand deposit accounts, savings accounts, and money market savings accounts.