Adam D. Nelson Sells 4,598 Shares of Triumph Financial, Inc. (NASDAQ:TFIN) Stock

Triumph Financial, Inc. (NASDAQ:TFIN) EVP Adam D. Nelson sold 4,598 shares of Triumph Financial stock in a transaction on Thursday, July 11th. The stock was sold at an average price of $87.27, for a total transaction of $401,267.46. Following the completion of the transaction, the executive vice president now owns 32,285 shares in the company, valued at approximately $2,817,511.95. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

Triumph Financial Stock Performance

Shares of NASDAQ:TFIN traded up $1.79 on Friday, hitting $88.76. 155,817 shares of the company were exchanged, compared to its average volume of 161,736. The company’s 50 day moving average price is $76.26 and its two-hundred day moving average price is $75.70. Triumph Financial, Inc. has a one year low of $56.91 and a one year high of $90.00. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.00 and a current ratio of 1.00. The firm has a market capitalization of $2.07 billion, a price-to-earnings ratio of 66.39 and a beta of 1.22.

Triumph Financial (NASDAQ:TFIN) last posted its quarterly earnings data on Wednesday, April 17th. The company reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.18). Triumph Financial had a return on equity of 4.22% and a net margin of 7.16%. The company had revenue of $101.03 million for the quarter, compared to the consensus estimate of $106.01 million. Research analysts expect that Triumph Financial, Inc. will post 0.98 earnings per share for the current year.

Institutional Trading of Triumph Financial

Institutional investors have recently made changes to their positions in the business. Larson Financial Group LLC acquired a new stake in shares of Triumph Financial during the 4th quarter valued at about $42,000. Quest Partners LLC acquired a new stake in shares of Triumph Financial during the 4th quarter valued at about $75,000. Welch Group LLC acquired a new stake in shares of Triumph Financial during the 4th quarter valued at about $212,000. Howard Financial Services LTD. acquired a new stake in shares of Triumph Financial during the 4th quarter valued at about $241,000. Finally, ProShare Advisors LLC boosted its position in shares of Triumph Financial by 7.4% during the 1st quarter. ProShare Advisors LLC now owns 4,468 shares of the company’s stock valued at $354,000 after acquiring an additional 306 shares in the last quarter. 91.11% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

TFIN has been the topic of several recent analyst reports. Keefe, Bruyette & Woods lifted their target price on shares of Triumph Financial from $68.00 to $75.00 and gave the stock a “market perform” rating in a report on Tuesday, June 18th. DA Davidson dropped their target price on shares of Triumph Financial from $73.00 to $68.00 and set a “neutral” rating on the stock in a report on Friday, April 19th. One research analyst has rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $66.80.

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.