Stifel Financial Corp. (NYSE:SF) insider Ronald J. Kruszewski sold 100,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 22nd. The shares were sold at an average price of $50.20, for a total value of $5,020,000.00. Following the transaction, the insider now directly owns 917,537 shares in the company, valued at $46,060,357.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Stifel Financial Corp. (NYSE:SF) traded down 0.32% during midday trading on Thursday, reaching $50.60. The company’s stock had a trading volume of 531,532 shares. The firm has a 50 day moving average price of $41.58 and a 200-day moving average price of $37.27. Stifel Financial Corp. has a 12-month low of $25.00 and a 12-month high of $50.92. The company has a market cap of $3.35 billion, a P/E ratio of 60.96 and a beta of 1.56.

Stifel Financial Corp. (NYSE:SF) last issued its quarterly earnings results on Wednesday, November 2nd. The financial services provider reported $0.69 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.62 by $0.07. Stifel Financial Corp. had a return on equity of 6.71% and a net margin of 2.64%. The firm earned $641.99 million during the quarter, compared to analyst estimates of $629.13 million. During the same period last year, the company earned $0.38 EPS. Stifel Financial Corp.’s quarterly revenue was up 8.5% compared to the same quarter last year. On average, equities research analysts predict that Stifel Financial Corp. will post $2.53 earnings per share for the current fiscal year.

Insider Buying and Selling by Quarter for Stifel Financial Corp. (NYSE:SF)

Several large investors have recently modified their holdings of the company. Advisor Group Inc. acquired a new stake in shares of Stifel Financial Corp. during the second quarter worth about $111,000. Paradigm Asset Management Co. LLC raised its stake in shares of Stifel Financial Corp. by 5.4% in the second quarter. Paradigm Asset Management Co. LLC now owns 3,900 shares of the financial services provider’s stock worth $123,000 after buying an additional 200 shares in the last quarter. LS Investment Advisors LLC raised its stake in shares of Stifel Financial Corp. by 68.3% in the second quarter. LS Investment Advisors LLC now owns 4,003 shares of the financial services provider’s stock worth $126,000 after buying an additional 1,624 shares in the last quarter. C M Bidwell & Associates Ltd. acquired a new stake in shares of Stifel Financial Corp. during the second quarter worth about $152,000. Finally, Bank of Montreal Can acquired a new stake in shares of Stifel Financial Corp. during the second quarter worth about $168,000. 85.24% of the stock is owned by hedge funds and other institutional investors.

SF has been the topic of several recent research reports. Zacks Investment Research raised Stifel Financial Corp. from a “strong sell” rating to a “hold” rating in a research note on Wednesday, September 7th. Macquarie upped their price target on Stifel Financial Corp. from $39.00 to $44.00 and gave the stock an “outperform” rating in a research note on Friday, September 9th. Two analysts have rated the stock with a sell rating, three have issued a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $40.00.

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Stifel Financial Corp. Company Profile

Stifel Financial Corp. is a financial holding company. Its principal subsidiary is Stifel, Nicolaus & Company, Incorporated, a retail and institutional wealth management and investment banking firm. Its principal activities are private client services, including securities transaction and financial planning services; institutional equity and fixed income sales, trading, research and municipal finance; investment banking services, including mergers and acquisitions, public offerings and private placements, and retail and commercial banking, including personal and commercial lending programs.

5 Day Chart for NYSE:SF

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