Triumph Financial (NYSE:TFIN) EVP Sells $213,875.00 in Stock

Triumph Financial, Inc. (NYSE:TFIN) EVP Edward Joseph Schreyer sold 2,900 shares of the business’s stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $73.75, for a total transaction of $213,875.00. Following the transaction, the executive vice president directly owned 15,534 shares of the company’s stock, valued at $1,145,632.50. The trade was a 15.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Triumph Financial Stock Up 1.2%

Shares of NYSE:TFIN traded up $0.92 on Friday, reaching $74.85. The company had a trading volume of 144,952 shares, compared to its average volume of 253,658. The stock has a market capitalization of $1.79 billion, a P/E ratio of 50.57 and a beta of 1.39. Triumph Financial, Inc. has a twelve month low of $46.43 and a twelve month high of $83.52. The stock has a 50-day moving average price of $76.56 and a 200 day moving average price of $68.11. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.05.

Triumph Financial (NYSE:TFIN) last posted its quarterly earnings data on Tuesday, July 21st. The company reported $0.44 earnings per share for the quarter, hitting the consensus estimate of $0.44. Triumph Financial had a net margin of 7.17% and a return on equity of 4.69%. The firm had revenue of $120.24 million during the quarter, compared to analysts’ expectations of $114.67 million. On average, equities analysts expect that Triumph Financial, Inc. will post 1.93 EPS for the current year.

Wall Street Analysts Forecast Growth

TFIN has been the subject of several research reports. B. Riley Financial increased their target price on Triumph Financial from $70.00 to $82.00 and gave the stock a “neutral” rating in a research report on Friday, July 24th. Keefe, Bruyette & Woods increased their price objective on shares of Triumph Financial from $78.00 to $88.00 and gave the company a “market perform” rating in a research note on Thursday, July 23rd. DA Davidson upped their price objective on Triumph Financial from $65.00 to $82.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 29th. Weiss Ratings reiterated a “hold (c)” rating on shares of Triumph Financial in a research report on Friday, August 7th. Finally, Stephens upped their price target on shares of Triumph Financial from $82.00 to $88.00 and gave the company an “equal weight” rating in a report on Thursday, July 23rd. Six research analysts have rated the stock with a Hold rating, According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $85.00.

Hedge Funds Weigh In On Triumph Financial

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. State of Alaska Department of Revenue increased its position in shares of Triumph Financial by 1.3% during the 4th quarter. State of Alaska Department of Revenue now owns 11,494 shares of the company’s stock valued at $719,000 after purchasing an additional 148 shares during the last quarter. Farther Finance Advisors LLC grew its stake in Triumph Financial by 46.1% during the 4th quarter. Farther Finance Advisors LLC now owns 491 shares of the company’s stock valued at $31,000 after purchasing an additional 155 shares during the last quarter. Tower Research Capital LLC TRC grew its position in Triumph Financial by 9.3% during the second quarter. Tower Research Capital LLC TRC now owns 2,284 shares of the company’s stock valued at $126,000 after buying an additional 195 shares during the period. Entropy Technologies LP grew its holdings in shares of Triumph Financial by 6.2% during the third quarter. Entropy Technologies LP now owns 5,100 shares of the company’s stock worth $255,000 after buying an additional 300 shares in the last quarter. Finally, Illinois Municipal Retirement Fund lifted its stake in shares of Triumph Financial by 3.6% in the 1st quarter. Illinois Municipal Retirement Fund now owns 11,319 shares of the company’s stock valued at $675,000 after purchasing an additional 397 shares during the last quarter. 91.11% of the stock is currently owned by institutional investors and hedge funds.

About Triumph Financial

Triumph Financial, Inc (NYSE: TFIN) is a financial holding company that operates through its banking subsidiary to provide commercial banking and related financial services. The company focuses on delivering deposit, lending and payment solutions customary to community-oriented banks and regional financial institutions.

Products and services typically offered include commercial and consumer lending, residential mortgage origination and servicing, deposit accounts, cash management and treasury services, and other fee-based banking products.