Triumph Financial, Inc. (NASDAQ:TFIN – Get Rating) Director Harrison B. Barnes acquired 3,736 shares of the company’s stock in a transaction that occurred on Wednesday, May 10th. The stock was purchased at an average cost of $47.92 per share, with a total value of $179,029.12. Following the acquisition, the director now directly owns 6,005 shares of the company’s stock, valued at approximately $287,759.60. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Triumph Financial Price Performance
Shares of TFIN stock opened at $48.39 on Friday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.05. The stock has a market capitalization of $1.13 billion, a price-to-earnings ratio of 13.98 and a beta of 1.17. The stock’s 50-day moving average is $54.52. Triumph Financial, Inc. has a 1-year low of $45.08 and a 1-year high of $76.49.
Wall Street Analysts Forecast Growth
A number of brokerages recently issued reports on TFIN. Stephens dropped their price objective on shares of Triumph Financial from $63.00 to $58.00 and set an “equal weight” rating for the company in a report on Friday, January 27th. Loop Capital began coverage on shares of Triumph Financial in a report on Thursday, February 9th. They issued a “buy” rating and a $76.00 price objective for the company. Raymond James lowered shares of Triumph Financial from an “outperform” rating to a “market perform” rating in a report on Thursday, April 6th. Keefe, Bruyette & Woods dropped their price objective on shares of Triumph Financial from $62.00 to $58.00 and set a “market perform” rating for the company in a report on Tuesday, April 4th. Finally, Wells Fargo & Company dropped their price objective on shares of Triumph Financial from $50.00 to $45.00 and set an “underweight” rating for the company in a report on Wednesday, April 5th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, Triumph Financial presently has an average rating of “Hold” and an average price target of $60.80.
Triumph Financial Company Profile
Triumph Financial, Inc operates as a financial holding company which offers traditional banking and financial solutions. It operates through the following segments: Factoring, Banking and Corporate. The Factoring segment includes the operations of Triumph Business Capital which offers factoring services.
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