Green Dot Corporation (NYSE:GDOT) CEO Steven W. Streit sold 2,665 shares of the company’s stock in a transaction dated Tuesday, November 14th. The shares were sold at an average price of $62.28, for a total transaction of $165,976.20. Following the completion of the sale, the chief executive officer now directly owns 176,621 shares in the company, valued at $10,999,955.88. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Shares of Green Dot Corporation (NYSE GDOT) traded up $0.12 during trading on Friday, reaching $61.97. 752,924 shares of the company’s stock were exchanged, compared to its average volume of 410,300. The firm has a market capitalization of $3,150.00, a price-to-earnings ratio of 36.35 and a beta of 0.91. Green Dot Corporation has a 1 year low of $23.39 and a 1 year high of $65.88. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.96 and a quick ratio of 0.96.

Green Dot Corporation (NYSE:GDOT) last released its quarterly earnings results on Tuesday, November 7th. The financial services provider reported $0.34 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.20 by $0.14. The firm had revenue of $201.60 million during the quarter, compared to the consensus estimate 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 earnings per share for the current year.

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A number of hedge funds and other institutional investors have recently made changes to their positions in GDOT. UBS Asset Management Americas Inc. raised its stake in Green Dot Corporation by 34.1% during the first quarter. UBS Asset Management Americas Inc. now owns 19,975 shares of the financial services provider’s stock worth $666,000 after buying an additional 5,076 shares during the last quarter. Teachers Advisors LLC raised its stake in Green Dot Corporation by 9.3% during the first quarter. Teachers Advisors LLC now owns 216,924 shares of the financial services provider’s stock worth $7,237,000 after buying an additional 18,430 shares during the last quarter. Vanguard Group Inc. raised its stake in Green Dot Corporation by 11.2% during the first quarter. Vanguard Group Inc. now owns 4,091,807 shares of the financial services provider’s stock worth $136,503,000 after buying an additional 412,984 shares during the last quarter. Geode Capital Management LLC raised its stake in Green Dot Corporation by 12.9% during the first quarter. Geode Capital Management LLC now owns 353,335 shares of the financial services provider’s stock worth $11,786,000 after buying an additional 40,265 shares during the last quarter. Finally, BlackRock Inc. raised its stake in Green Dot Corporation by 53,389.4% during the first quarter. BlackRock Inc. now owns 5,309,357 shares of the financial services provider’s stock worth $177,121,000 after buying an additional 5,299,431 shares during the last quarter. 76.91% of the stock is owned by institutional investors and hedge funds.

Several research analysts have weighed in on the stock. SunTrust Banks, Inc. reissued a “buy” rating on shares of Green Dot Corporation in a report on Wednesday, September 20th. Citigroup Inc. increased their price target on shares of Green Dot Corporation from $48.00 to $54.00 and gave the company a “buy” rating in a report on Monday, September 18th. BidaskClub cut shares of Green Dot Corporation from a “strong-buy” rating to a “buy” rating in a report on Thursday, September 14th. ValuEngine raised shares of Green Dot Corporation from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Finally, Lake Street Capital raised shares of Green Dot Corporation from a “hold” rating to a “buy” rating and increased their price target for the company from $41.00 to $44.00 in a report on Wednesday, August 9th. Six equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $52.85.

About Green Dot Corporation

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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