Green Dot Corporation (NYSE:GDOT) COO Kuan Archer sold 18,000 shares of the firm’s stock in a transaction dated Wednesday, November 15th. The shares were sold at an average price of $61.67, for a total transaction of $1,110,060.00. Following the transaction, the chief operating officer now directly owns 106,450 shares in the company, valued at approximately $6,564,771.50. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Kuan Archer also recently made the following trade(s):

  • On Wednesday, November 1st, Kuan Archer sold 11,898 shares of Green Dot Corporation stock. The shares were sold at an average price of $56.11, for a total transaction of $667,596.78.

Shares of Green Dot Corporation (NYSE:GDOT) traded up $0.11 on Friday, reaching $61.97. 752,924 shares of the company traded hands, compared to its average volume of 355,166. The company has a market capitalization of $3,081.79, a price-to-earnings ratio of 35.72 and a beta of 0.91. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.96 and a current ratio of 0.96. Green Dot Corporation has a 52-week low of $23.39 and a 52-week high of $65.88.

Green Dot Corporation (NYSE:GDOT) last issued its quarterly earnings data on Tuesday, November 7th. The financial services provider reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.14. The firm had revenue of $201.60 million for the quarter, compared to analyst estimates of $191.33 million. Green Dot Corporation had a net margin of 8.61% and a return on equity of 12.55%. The company’s revenue for the quarter was up 30.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.21 earnings per share. research analysts expect that Green Dot Corporation will post 1.71 EPS for the current year.

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GDOT has been the subject of several research reports. Zacks Investment Research upgraded shares of Green Dot Corporation from a “hold” rating to a “strong-buy” rating and set a $52.00 price objective for the company in a research report on Monday, August 14th. Craig Hallum initiated coverage on shares of Green Dot Corporation in a research report on Thursday, October 5th. They set a “buy” rating and a $70.00 price objective for the company. Lake Street Capital lowered shares of Green Dot Corporation from a “buy” rating to a “hold” rating and raised their price objective for the company from $44.00 to $55.00 in a research report on Wednesday, October 11th. Cowen and Company restated a “hold” rating and set a $52.00 price objective on shares of Green Dot Corporation in a research report on Friday, November 10th. Finally, ValuEngine upgraded shares of Green Dot Corporation from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Six analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $52.85.

Several large investors have recently added to or reduced their stakes in GDOT. BlackRock Inc. raised its position in shares of Green Dot Corporation by 53,389.4% in the first quarter. BlackRock Inc. now owns 5,309,357 shares of the financial services provider’s stock valued at $177,121,000 after purchasing an additional 5,299,431 shares during the period. Rothschild Asset Management Inc. acquired a new stake in shares of Green Dot Corporation in the third quarter worth $29,051,000. Vanguard Group Inc. grew its stake in shares of Green Dot Corporation by 11.2% in the first quarter. Vanguard Group Inc. now owns 4,091,807 shares of the financial services provider’s stock worth $136,503,000 after acquiring an additional 412,984 shares during the last quarter. Russell Investments Group Ltd. grew its stake in shares of Green Dot Corporation by 91.0% in the second quarter. Russell Investments Group Ltd. now owns 726,097 shares of the financial services provider’s stock worth $27,975,000 after acquiring an additional 346,014 shares during the last quarter. Finally, Renaissance Technologies LLC grew its stake in shares of Green Dot Corporation by 57.4% in the second quarter. Renaissance Technologies LLC now owns 821,842 shares of the financial services provider’s stock worth $31,666,000 after acquiring an additional 299,842 shares during the last quarter. 76.91% of the stock is currently owned by institutional investors.

Green Dot Corporation Company Profile

Green Dot Corporation (Green Dot) 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.

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

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