Green Dot Corp. (NYSE:GDOT) CFO Mark L. Shifke sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, November 14th. The shares were sold at an average price of $23.59, for a total value of $117,950.00. Following the completion of the sale, the chief financial officer now owns 804,845 shares of the company’s stock, valued at approximately $18,986,293.55. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Green Dot Corp. (NYSE:GDOT) opened at 24.23 on Friday. The stock has a 50 day moving average price of $22.67 and a 200 day moving average price of $22.93. Green Dot Corp. has a 12 month low of $15.28 and a 12 month high of $24.41. The firm has a market cap of $1.22 billion, a price-to-earnings ratio of 34.13 and a beta of 1.05.

Green Dot Corp. (NYSE:GDOT) last posted its quarterly earnings data on Wednesday, November 9th. The financial services provider reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.17 by $0.04. Green Dot Corp. had a return on equity of 7.76% and a net margin of 5.22%. The business earned $154.60 million during the quarter, compared to analysts’ expectations of $151.72 million. During the same quarter in the previous year, the firm earned $0.15 EPS. The firm’s revenue was up 5.5% compared to the same quarter last year. On average, equities analysts expect that Green Dot Corp. will post $1.43 earnings per share for the current fiscal year.

Insider Buying and Selling by Quarter for Green Dot Corp. (NYSE:GDOT)

GDOT has been the subject of several research analyst reports. BTIG Research reiterated a “hold” rating on shares of Green Dot Corp. in a research report on Friday, August 5th. Morgan Stanley set a $23.00 target price on Green Dot Corp. and gave the company a “hold” rating in a report on Friday, August 5th. Deutsche Bank AG increased their price objective on Green Dot Corp. from $23.00 to $25.00 and gave the company a “hold” rating in a research note on Friday, August 5th. JPMorgan Chase & Co. reaffirmed a “hold” rating and set a $23.00 price objective on shares of Green Dot Corp. in a research note on Friday, August 5th. Finally, TheStreet lowered Green Dot Corp. from a “buy” rating to a “hold” rating in a research note on Thursday, August 4th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $24.80.

Several institutional investors have recently bought and sold shares of GDOT. Barclays PLC purchased a new position in Green Dot Corp. during the first quarter valued at approximately $726,000. Schwab Charles Investment Management Inc. boosted its position in Green Dot Corp. by 2.0% in the second quarter. Schwab Charles Investment Management Inc. now owns 163,326 shares of the financial services provider’s stock valued at $3,755,000 after buying an additional 3,156 shares during the period. California Public Employees Retirement System boosted its position in Green Dot Corp. by 16.1% in the second quarter. California Public Employees Retirement System now owns 72,300 shares of the financial services provider’s stock valued at $1,662,000 after buying an additional 10,000 shares during the period. State Board of Administration of Florida Retirement System boosted its position in Green Dot Corp. by 12.5% in the second quarter. State Board of Administration of Florida Retirement System now owns 33,146 shares of the financial services provider’s stock valued at $762,000 after buying an additional 3,677 shares during the period. Finally, Dimensional Fund Advisors LP boosted its position in Green Dot Corp. by 9.7% in the second quarter. Dimensional Fund Advisors LP now owns 2,542,880 shares of the financial services provider’s stock valued at $58,460,000 after buying an additional 224,253 shares during the period. 78.38% of the stock is owned by institutional investors and hedge funds.

Green Dot Corp. Company Profile

Green Dot Corporation, along with its subsidiaries, is a pro-consumer financial technology innovator. The Company is a provider of reloadable prepaid debit cards and cash reload processing services in the United States. The Company operates through two segments: Account Services, and Processing and Settlement Services.

5 Day Chart for NYSE:GDOT

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