GreenSky Inc (GSKY) Insider Dennis I. Kelly Purchases 27,000 Shares
GreenSky Inc (NASDAQ:GSKY) insider Dennis I. Kelly purchased 27,000 shares of the stock in a transaction that occurred on Thursday, November 8th. The shares were acquired at an average cost of $9.06 per share, for a total transaction of $244,620.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
GSKY stock traded up $0.30 during mid-day trading on Friday, hitting $9.71. The stock had a trading volume of 4,047,801 shares, compared to its average volume of 3,319,509. GreenSky Inc has a 52 week low of $8.55 and a 52 week high of $27.01.
GreenSky (NASDAQ:GSKY) last released its earnings results on Tuesday, November 6th. The company reported $0.21 EPS for the quarter, beating the consensus estimate of $0.20 by $0.01. The firm had revenue of $113.91 million during the quarter, compared to the consensus estimate of $121.28 million. GreenSky’s quarterly revenue was up 29.0% on a year-over-year basis. Equities research analysts forecast that GreenSky Inc will post 0.59 earnings per share for the current fiscal year.
Hedge funds have recently added to or reduced their stakes in the business. BlackRock Inc. grew its holdings in shares of GreenSky by 46.4% during the 3rd quarter. BlackRock Inc. now owns 1,914,545 shares of the company’s stock valued at $34,463,000 after purchasing an additional 607,173 shares during the last quarter. Wells Fargo & Company MN grew its holdings in shares of GreenSky by 124.8% during the 3rd quarter. Wells Fargo & Company MN now owns 1,904,289 shares of the company’s stock valued at $34,278,000 after purchasing an additional 1,057,371 shares during the last quarter. Waddell & Reed Financial Inc. bought a new stake in shares of GreenSky during the 2nd quarter valued at approximately $40,116,000. Federated Investors Inc. PA bought a new stake in shares of GreenSky during the 2nd quarter valued at approximately $34,363,000. Finally, Millennium Management LLC bought a new stake in shares of GreenSky during the 2nd quarter valued at approximately $27,892,000. 31.30% of the stock is currently owned by hedge funds and other institutional investors.
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GreenSky Company Profile
GreenSky, Inc, a technology company, provides point-of-sale financing and payment solutions to merchants, consumers, and banks. It offers a proprietary technology infrastructure that support the full transaction lifecycle, including credit application, underwriting, real-time allocation to bank partners, document distribution, funding, settlement, and servicing functions.
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