Triumph Financial (NYSE:TFIN) CEO Aaron Graft Sells 652 Shares of Stock

Triumph Financial, Inc. (NYSE:TFIN) CEO Aaron Graft sold 652 shares of the stock in a transaction that occurred on Friday, November 6th. The stock was sold at an average price of $62.01, for a total value of $40,430.52. Following the completion of the transaction, the chief executive officer owned 165,526 shares in the company, valued at $10,264,267.26. This represents a 0.39% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Triumph Financial Stock Performance

TFIN traded up $1.74 on Monday, hitting $62.97. The company had a trading volume of 150,927 shares, compared to its average volume of 249,091. The stock has a market cap of $1.51 billion, a price-to-earnings ratio of 32.13 and a beta of 1.47. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.02 and a quick ratio of 1.02. The company’s fifty day moving average price is $63.67 and its 200 day moving average price is $67.12. Triumph Financial, Inc. has a 1-year low of $49.27 and a 1-year high of $83.52.

Triumph Financial (NYSE:TFIN) last issued its quarterly earnings data on Wednesday, October 21st. The company reported $0.52 earnings per share for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.08). Triumph Financial had a return on equity of 5.57% and a net margin of 8.96%. The firm had revenue of $125.67 million during the quarter, compared to analyst estimates of $123.11 million. Equities analysts predict that Triumph Financial, Inc. will post 1.97 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. BlackRock Inc. acquired a new stake in shares of Triumph Financial during the 2nd quarter worth approximately $259,022,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new position in Triumph Financial in the second quarter valued at approximately $49,047,000. Diamond Hill Capital Management LLC Investment Advisor acquired a new position in Triumph Financial in the second quarter valued at approximately $38,807,000. Bank of America Corp DE acquired a new position in Triumph Financial in the second quarter valued at approximately $38,256,000. Finally, Ranger Investment Management L.P. bought a new position in Triumph Financial in the second quarter valued at approximately $36,920,000. 91.11% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Raymond James Financial lowered their price target on Triumph Financial from $89.00 to $84.00 and set an “outperform” rating on the stock in a research note on Friday, September 25th. Weiss Ratings reissued a “hold (c)” rating on shares of Triumph Financial in a report on Wednesday, November 4th. Zacks Research cut Triumph Financial from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 28th. Stephens raised their target price on Triumph Financial from $67.00 to $70.00 and gave the stock an “equal weight” rating in a research report on Friday, October 23rd. Finally, DA Davidson boosted their price target on Triumph Financial from $67.00 to $70.00 and gave the company a “neutral” rating in a research note on Tuesday, October 27th. Two equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $78.80.

About Triumph Financial

Triumph Financial, Inc is a financial holding company headquartered in Dallas, Texas, that provides banking, payments and financial services designed primarily for businesses and professionals in the transportation industry. The company operates through a technology-focused model that combines traditional banking capabilities with specialized payments and working-capital solutions.

Its offerings include commercial banking products, accounts and lending services, as well as transportation-focused invoice factoring through Triumph Business Capital.