Insider Selling: Timberland Bancorp (NASDAQ:TSBK) Director Sells $43,900.00 in Stock

Timberland Bancorp, Inc. (NASDAQ:TSBK) Director David Alan Smith sold 1,000 shares of the stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $43.90, for a total value of $43,900.00. Following the transaction, the director directly owned 18,468 shares in the company, valued at approximately $810,745.20. The trade was a 5.14% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Timberland Bancorp Trading Up 2.1%

NASDAQ TSBK traded up $0.92 during trading on Wednesday, hitting $44.77. The stock had a trading volume of 24,221 shares, compared to its average volume of 28,672. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.07. The company has a market capitalization of $350.46 million, a PE ratio of 11.42 and a beta of 0.32. The firm has a 50 day moving average price of $41.05 and a 200 day moving average price of $39.02. Timberland Bancorp, Inc. has a twelve month low of $30.00 and a twelve month high of $45.28.

Timberland Bancorp (NASDAQ:TSBK) last issued its quarterly earnings results on Thursday, April 30th. The savings and loans company reported $0.90 earnings per share (EPS) for the quarter. Timberland Bancorp had a net margin of 26.22% and a return on equity of 11.67%. The business had revenue of $20.90 million for the quarter.

Timberland Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 22nd. Shareholders of record on Friday, May 8th were issued a dividend of $0.29 per share. The ex-dividend date was Friday, May 8th. This represents a $1.16 dividend on an annualized basis and a yield of 2.6%. Timberland Bancorp’s dividend payout ratio is 29.67%.

Institutional Investors Weigh In On Timberland Bancorp

Several large investors have recently bought and sold shares of the stock. Citadel Advisors LLC acquired a new position in shares of Timberland Bancorp during the third quarter worth about $327,000. Raymond James Financial Inc. raised its holdings in Timberland Bancorp by 355.0% in the third quarter. Raymond James Financial Inc. now owns 9,100 shares of the savings and loans company’s stock valued at $303,000 after acquiring an additional 7,100 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in Timberland Bancorp by 21.0% in the third quarter. JPMorgan Chase & Co. now owns 7,090 shares of the savings and loans company’s stock valued at $236,000 after acquiring an additional 1,232 shares in the last quarter. Jane Street Group LLC acquired a new stake in Timberland Bancorp in the first quarter valued at approximately $235,000. Finally, Invesco Ltd. purchased a new position in Timberland Bancorp in the fourth quarter worth approximately $231,000. Hedge funds and other institutional investors own 65.49% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “buy (b)” rating on shares of Timberland Bancorp in a research report on Friday, March 27th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy”.

About Timberland Bancorp

Timberland Bancorp, Inc is the bank holding company for Timberland Bank, a Washington-chartered commercial bank serving individuals and businesses in southwestern Washington. The company conducts its operations through Timberland Bank, offering a range of community banking services tailored to local market needs. As a publicly traded company on the NASDAQ under the symbol TSBK, Timberland Bancorp focuses on delivering personalized financial solutions while maintaining a community-oriented approach.

Timberland Bank’s core products include deposit accounts such as checking, savings and money market accounts, certificates of deposit and retirement accounts.