Triumph Financial (NYSE:TFIN) EVP Sells 3,750 Shares of Stock

Triumph Financial, Inc. (NYSE:TFIN) EVP Adam Nelson sold 3,750 shares of the business’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $79.05, for a total value of $296,437.50. Following the transaction, the executive vice president owned 23,755 shares of the company’s stock, valued at approximately $1,877,832.75. The trade was a 13.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Triumph Financial Price Performance

NYSE TFIN traded down $1.51 during trading on Wednesday, reaching $78.32. The company’s stock had a trading volume of 169,921 shares, compared to its average volume of 262,186. The firm has a fifty day moving average of $75.39 and a 200 day moving average of $67.39. Triumph Financial, Inc. has a one year low of $46.43 and a one year high of $83.52. The stock has a market capitalization of $1.87 billion, a PE ratio of 52.92 and a beta of 1.39. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.01 and a quick ratio of 1.01.

Triumph Financial (NYSE:TFIN) last issued its quarterly earnings results on Tuesday, July 21st. The company reported $0.44 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.44. Triumph Financial had a return on equity of 4.69% and a net margin of 7.17%.The firm had revenue of $120.24 million during the quarter, compared to the consensus estimate of $114.67 million. Analysts expect that Triumph Financial, Inc. will post 1.93 EPS for the current fiscal year.

Institutional Investors Weigh In On Triumph Financial

Several hedge funds have recently made changes to their positions in the company. AltraVue Capital LLC lifted its position in Triumph Financial by 22.0% during the fourth quarter. AltraVue Capital LLC now owns 1,515,877 shares of the company’s stock valued at $94,939,000 after buying an additional 273,718 shares during the period. Ranger Investment Management L.P. raised its stake in Triumph Financial by 48.5% during the first quarter. Ranger Investment Management L.P. now owns 523,251 shares of the company’s stock valued at $31,217,000 after buying an additional 170,871 shares during the last quarter. Jacobs Asset Management LLC boosted its stake in Triumph Financial by 922.0% in the 1st quarter. Jacobs Asset Management LLC now owns 117,500 shares of the company’s stock worth $7,010,000 after purchasing an additional 106,003 shares in the last quarter. Investment Management Associates Inc. ADV boosted its stake in Triumph Financial by 34.2% in the 4th quarter. Investment Management Associates Inc. ADV now owns 340,161 shares of the company’s stock worth $21,304,000 after purchasing an additional 86,761 shares in the last quarter. Finally, Diamond Hill Capital Management Inc. grew its position in Triumph Financial by 21.5% during the 4th quarter. Diamond Hill Capital Management Inc. now owns 439,895 shares of the company’s stock valued at $27,551,000 after purchasing an additional 77,942 shares during the last quarter. 91.11% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

TFIN has been the subject of several research analyst reports. B. Riley Financial lifted their price target on Triumph Financial from $70.00 to $82.00 and gave the stock a “neutral” rating in a research note on Friday, July 24th. Keefe, Bruyette & Woods lifted their price target on Triumph Financial from $78.00 to $88.00 and gave the stock a “market perform” rating in a research note on Thursday, July 23rd. Stephens increased their price objective on Triumph Financial from $82.00 to $88.00 and gave the company an “equal weight” rating in a research note on Thursday, July 23rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Triumph Financial in a report on Tuesday, May 12th. Finally, Zacks Research downgraded shares of Triumph Financial from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 28th. Six investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $85.00.

About Triumph Financial

Triumph Financial, Inc (NYSE: TFIN) is a financial holding company that operates through its banking subsidiary to provide commercial banking and related financial services. The company focuses on delivering deposit, lending and payment solutions customary to community-oriented banks and regional financial institutions.

Products and services typically offered include commercial and consumer lending, residential mortgage origination and servicing, deposit accounts, cash management and treasury services, and other fee-based banking products.