Profund Advisors LLC Purchases New Stake in Pathward Financial, Inc. $CASH

Profund Advisors LLC acquired a new position in shares of Pathward Financial, Inc. (NASDAQ:CASH) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 2,653 shares of the savings and loans company’s stock, valued at approximately $210,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Bessemer Group Inc. raised its holdings in shares of Pathward Financial by 647.8% during the second quarter. Bessemer Group Inc. now owns 344 shares of the savings and loans company’s stock worth $27,000 after purchasing an additional 298 shares during the period. Maseco LLP bought a new stake in shares of Pathward Financial during the 2nd quarter valued at about $31,000. USAdvisors Wealth Management LLC raised its stake in Pathward Financial by 37.0% during the first quarter. USAdvisors Wealth Management LLC now owns 607 shares of the savings and loans company’s stock worth $44,000 after acquiring an additional 164 shares during the period. Vestcor Inc bought a new position in Pathward Financial in the first quarter worth about $123,000. Finally, Financiere des Professionnels Fonds d investissement inc. acquired a new position in Pathward Financial in the second quarter valued at approximately $155,000. Institutional investors own 92.66% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “buy (b)” rating on shares of Pathward Financial in a research report on Wednesday, October 8th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, Pathward Financial has a consensus rating of “Moderate Buy” and a consensus price target of $91.00.

Insider Activity

In related news, President Anthony M. Sharett sold 11,500 shares of the company’s stock in a transaction dated Friday, October 24th. The shares were sold at an average price of $71.55, for a total value of $822,825.00. Following the completion of the sale, the president owned 25,155 shares of the company’s stock, valued at $1,799,840.25. This represents a 31.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Nadia Dombrowski sold 5,000 shares of the stock in a transaction dated Friday, October 24th. The shares were sold at an average price of $71.46, for a total transaction of $357,300.00. Following the completion of the transaction, the insider owned 6,528 shares of the company’s stock, valued at $466,490.88. This represents a 43.37% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 19,500 shares of company stock valued at $1,384,455. Company insiders own 1.23% of the company’s stock.

Pathward Financial Price Performance

NASDAQ CASH opened at $68.86 on Monday. The company has a 50-day moving average price of $72.65 and a two-hundred day moving average price of $76.46. Pathward Financial, Inc. has a 52 week low of $64.45 and a 52 week high of $86.00. The stock has a market cap of $1.57 billion, a price-to-earnings ratio of 8.72 and a beta of 0.79. The company has a current ratio of 0.79, a quick ratio of 0.76 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 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.39 by $0.30. Pathward Financial had a return on equity of 22.97% and a net margin of 22.45%.The business had revenue of $186.71 million during the quarter, compared to the consensus estimate of $189.50 million. During the same period in the previous year, the firm posted $1.35 earnings per share. The business’s revenue was up 11.2% on a year-over-year basis. Pathward Financial has set its FY 2026 guidance at 8.250-8.750 EPS. Analysts forecast that Pathward Financial, Inc. will post 7.26 EPS for the current year.

Pathward Financial Dividend Announcement

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

About Pathward Financial

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.