Edward Joseph Schreyer Sells 2,900 Shares of Triumph Financial (NYSE:TFIN) Stock

Triumph Financial, Inc. (NYSE:TFIN) EVP Edward Joseph Schreyer sold 2,900 shares of the business’s stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $73.75, for a total value of $213,875.00. Following the completion of the sale, the executive vice president directly owned 15,534 shares in the company, valued at approximately $1,145,632.50. The trade was a 15.73% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Triumph Financial Stock Up 1.2%

NYSE:TFIN opened at $74.85 on Friday. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.05. The stock’s fifty day moving average is $76.54 and its two-hundred day moving average is $68.16. Triumph Financial, Inc. has a 52 week low of $46.43 and a 52 week high of $83.52. The stock has a market capitalization of $1.79 billion, a price-to-earnings ratio of 50.57 and a beta of 1.39.

Triumph Financial (NYSE:TFIN) last released its quarterly earnings results on Tuesday, July 21st. The company reported $0.44 EPS for the quarter, hitting the consensus estimate of $0.44. The business had revenue of $120.24 million during the quarter, compared to analyst estimates of $114.67 million. Triumph Financial had a return on equity of 4.69% and a net margin of 7.17%. Research analysts anticipate that Triumph Financial, Inc. will post 1.93 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Farther Finance Advisors LLC increased its holdings in Triumph Financial by 46.1% during the 4th quarter. Farther Finance Advisors LLC now owns 491 shares of the company’s stock worth $31,000 after purchasing an additional 155 shares during the period. Quantbot Technologies LP acquired a new stake in Triumph Financial in the 2nd quarter valued at about $40,000. Nykredit A S purchased a new position in shares of Triumph Financial in the 2nd quarter valued at about $105,000. Tower Research Capital LLC TRC boosted its stake in shares of Triumph Financial by 9.3% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,284 shares of the company’s stock valued at $126,000 after buying an additional 195 shares during the period. Finally, Los Angeles Capital Management LLC purchased a new position in shares of Triumph Financial in the 4th quarter valued at about $174,000. 91.11% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

TFIN has been the subject of several research reports. Zacks Research downgraded Triumph Financial from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 28th. B. Riley Financial increased their price target on shares of Triumph Financial from $70.00 to $82.00 and gave the stock a “neutral” rating in a research report on Friday, July 24th. Keefe, Bruyette & Woods increased their price target on shares of Triumph Financial from $78.00 to $88.00 and gave the stock a “market perform” rating in a research report on Thursday, July 23rd. Stephens raised their price objective on shares of Triumph Financial from $82.00 to $88.00 and gave the company an “equal weight” rating in a research note on Thursday, July 23rd. Finally, DA Davidson upped their target price on shares of Triumph Financial from $65.00 to $82.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 29th. Six equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Triumph Financial currently has an average rating of “Hold” and a consensus target price of $85.00.

Triumph Financial Company Profile

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.