Pathward Financial (NASDAQ:CASH) CEO Brett Pharr Sells 15,641 Shares of Stock

Pathward Financial, Inc. (NASDAQ:CASH) CEO Brett Pharr sold 15,641 shares of the firm’s stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $93.88, for a total transaction of $1,468,377.08. Following the completion of the transaction, the chief executive officer owned 78,261 shares of the company’s stock, valued at approximately $7,347,142.68. This trade represents a 16.66% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Pathward Financial Trading Up 0.1%

Shares of NASDAQ CASH opened at $92.85 on Wednesday. The firm has a 50 day moving average price of $81.95 and a two-hundred day moving average price of $76.46. The stock has a market cap of $2.02 billion, a P/E ratio of 11.35 and a beta of 0.75. Pathward Financial, Inc. has a 52-week low of $64.45 and a 52-week high of $96.06. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.79 and a current ratio of 0.81.

Pathward Financial (NASDAQ:CASH) last issued its quarterly earnings data on Thursday, January 22nd. The savings and loans company reported $1.57 earnings per share for the quarter, topping the consensus estimate of $1.38 by $0.19. The company had revenue of $173.10 million for the quarter, compared to analysts’ expectations of $185.80 million. Pathward Financial had a net margin of 22.95% and a return on equity of 22.76%. Pathward Financial’s revenue for the quarter was down .2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.29 earnings per share. Pathward Financial has set its FY 2026 guidance at 8.550-9.050 EPS. As a group, equities analysts forecast that Pathward Financial, Inc. will post 7.26 EPS for the current year.

Hedge Funds Weigh In On Pathward Financial

Institutional investors have recently added to or reduced their stakes in the business. Revolve Wealth Partners LLC acquired a new stake in shares of Pathward Financial during the 4th quarter worth approximately $267,437,000. Royal Bank of Canada boosted its stake in Pathward Financial by 21.2% during the first quarter. Royal Bank of Canada now owns 5,057 shares of the savings and loans company’s stock worth $369,000 after acquiring an additional 886 shares in the last quarter. AQR Capital Management LLC boosted its stake in Pathward Financial by 61.3% during the first quarter. AQR Capital Management LLC now owns 9,152 shares of the savings and loans company’s stock worth $668,000 after acquiring an additional 3,479 shares in the last quarter. Millennium Management LLC grew its holdings in Pathward Financial by 264.1% in the first quarter. Millennium Management LLC now owns 128,645 shares of the savings and loans company’s stock worth $9,385,000 after purchasing an additional 93,308 shares during the period. Finally, Nisa Investment Advisors LLC increased its stake in Pathward Financial by 8.4% in the second quarter. Nisa Investment Advisors LLC now owns 2,204 shares of the savings and loans company’s stock valued at $174,000 after purchasing an additional 170 shares in the last quarter. 92.66% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on CASH shares. Wall Street Zen lowered Pathward Financial from a “buy” rating to a “hold” rating in a research note on Saturday, January 31st. Weiss Ratings upgraded shares of Pathward Financial from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, January 26th. Finally, Keefe, Bruyette & Woods upgraded shares of Pathward Financial from a “market perform” rating to an “outperform” rating and set a $100.00 price objective for the company in a research report on Friday, January 23rd. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Pathward Financial currently has an average rating of “Buy” and an average target price of $97.00.

About Pathward Financial

Pathward Financial (NASDAQ:CASH) is a U.S.-based financial services company that operates through its wholly owned subsidiary, Pathward Bank. The company provides a range of banking and payment solutions designed for consumers, small businesses, community banks and fintech partners. Core offerings include deposit accounts, consumer and commercial lending, debit and prepaid card programs, digital banking platforms and treasury management services.

Through its banking charter, Pathward Financial delivers customizable payment solutions, including prepaid cards, payroll cards and benefit disbursement programs.