Aaron P. Graft Sells 13,500 Shares of Triumph Financial, Inc. (NASDAQ:TFIN) Stock

Triumph Financial, Inc. (NASDAQ:TFIN) CEO Aaron P. Graft sold 13,500 shares of the business’s stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of $106.36, for a total value of $1,435,860.00. Following the sale, the chief executive officer now directly owns 151,533 shares of the company’s stock, valued at $16,117,049.88. This represents a 8.18 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Triumph Financial Price Performance

Shares of NASDAQ TFIN opened at $104.65 on Thursday. Triumph Financial, Inc. has a twelve month low of $66.85 and a twelve month high of $110.58. The stock’s 50 day moving average price is $91.29 and its 200-day moving average price is $84.57. The company has a market capitalization of $2.45 billion, a PE ratio of 134.17 and a beta of 1.21. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.05.

Triumph Financial (NASDAQ:TFIN) last announced its earnings results on Wednesday, October 16th. The company reported $0.19 earnings per share for the quarter, topping analysts’ consensus estimates of $0.17 by $0.02. Triumph Financial had a return on equity of 2.64% and a net margin of 4.47%. The firm had revenue of $125.57 million for the quarter, compared to the consensus estimate of $106.29 million. During the same quarter in the previous year, the business earned $0.51 EPS. On average, equities analysts anticipate that Triumph Financial, Inc. will post 0.62 EPS for the current year.

Hedge Funds Weigh In On Triumph Financial

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Price T Rowe Associates Inc. MD lifted its stake in Triumph Financial by 7.2% in the first quarter. Price T Rowe Associates Inc. MD now owns 11,975 shares of the company’s stock valued at $950,000 after purchasing an additional 807 shares during the last quarter. First Hawaiian Bank purchased a new position in Triumph Financial in the second quarter valued at approximately $720,000. Sequoia Financial Advisors LLC purchased a new position in Triumph Financial in the second quarter valued at approximately $447,000. Portside Wealth Group LLC purchased a new position in Triumph Financial in the second quarter valued at approximately $930,000. Finally, Louisiana State Employees Retirement System lifted its stake in Triumph Financial by 1.9% in the second quarter. Louisiana State Employees Retirement System now owns 10,900 shares of the company’s stock valued at $891,000 after purchasing an additional 200 shares during the last quarter. Hedge funds and other institutional investors own 91.11% of the company’s stock.

Analysts Set New Price Targets

TFIN has been the subject of a number of recent research reports. DA Davidson boosted their price objective on Triumph Financial from $74.00 to $84.00 and gave the stock a “neutral” rating in a report on Friday, October 18th. B. Riley reissued a “neutral” rating and set a $65.00 price objective on shares of Triumph Financial in a report on Wednesday, October 2nd. Two equities research analysts have rated the stock with a sell rating and three have given a hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $71.60.

About Triumph Financial

Triumph Financial, Inc, a financial holding company, provides various payments, factoring, and banking services in the United States. It operates through Banking, Factoring, and Payments segments. The company offers deposit products, including checking, savings, money market and certificates of deposit; and loan products, such as commercial real estate, land, commercial construction and land development, residential real estate, commercial agriculture, and consumer loans, as well as commercial and industrial loans, equipment loans, asset-based loans, business loans for working capital and operational purposes, and liquid credit loans.