BNP Paribas Financial Markets Sells 8,219 Shares of Triumph Financial, Inc. (NASDAQ:TFIN)

BNP Paribas Financial Markets lowered its stake in shares of Triumph Financial, Inc. (NASDAQ:TFINFree Report) by 57.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,203 shares of the company’s stock after selling 8,219 shares during the quarter. BNP Paribas Financial Markets’ holdings in Triumph Financial were worth $497,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Bares Capital Management Inc. grew its stake in Triumph Financial by 192.3% in the 3rd quarter. Bares Capital Management Inc. now owns 231,388 shares of the company’s stock valued at $14,992,000 after purchasing an additional 152,222 shares during the period. New York State Common Retirement Fund grew its stake in Triumph Financial by 374.2% in the 3rd quarter. New York State Common Retirement Fund now owns 44,648 shares of the company’s stock valued at $2,893,000 after purchasing an additional 35,232 shares during the period. Envestnet Asset Management Inc. grew its stake in Triumph Financial by 83.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 72,759 shares of the company’s stock valued at $4,714,000 after purchasing an additional 33,135 shares during the period. Legato Capital Management LLC grew its stake in Triumph Financial by 60.2% in the 4th quarter. Legato Capital Management LLC now owns 61,944 shares of the company’s stock valued at $4,967,000 after purchasing an additional 23,270 shares during the period. Finally, Kennedy Capital Management LLC grew its stake in Triumph Financial by 10.0% in the 3rd quarter. Kennedy Capital Management LLC now owns 184,683 shares of the company’s stock valued at $11,966,000 after purchasing an additional 16,753 shares during the period. Institutional investors own 91.11% of the company’s stock.

Insider Buying and Selling

In related news, insider Todd Ritterbusch sold 3,000 shares of the stock in a transaction dated Monday, May 13th. The stock was sold at an average price of $74.07, for a total transaction of $222,210.00. Following the sale, the insider now owns 7,434 shares of the company’s stock, valued at approximately $550,636.38. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, insider Todd Ritterbusch sold 3,000 shares of the stock in a transaction dated Monday, May 13th. The stock was sold at an average price of $74.07, for a total transaction of $222,210.00. Following the sale, the insider now owns 7,434 shares of the company’s stock, valued at approximately $550,636.38. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Carlos M. Sepulveda sold 16,000 shares of the stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $71.12, for a total value of $1,137,920.00. Following the sale, the director now directly owns 351,484 shares in the company, valued at approximately $24,997,542.08. The disclosure for this sale can be found here. In the last quarter, insiders have sold 26,854 shares of company stock valued at $1,940,069. Corporate insiders own 6.15% of the company’s stock.

Analyst Ratings Changes

TFIN has been the subject of a number of recent analyst reports. DA Davidson reduced their price objective on Triumph Financial from $73.00 to $68.00 and set a “neutral” rating for the company in a research note on Friday, April 19th. Piper Sandler cut Triumph Financial from a “neutral” rating to an “underweight” rating and upped their price target for the company from $64.00 to $67.00 in a research report on Monday, February 12th. One research analyst has rated the stock with a sell rating and four have given a hold rating to the company’s stock. According to MarketBeat.com, Triumph Financial has an average rating of “Hold” and an average price target of $65.40.

Get Our Latest Stock Report on TFIN

Triumph Financial Stock Up 0.5 %

Shares of NASDAQ TFIN opened at $74.30 on Monday. Triumph Financial, Inc. has a one year low of $50.86 and a one year high of $82.22. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.00 and a quick ratio of 1.00. The business’s fifty day moving average price is $74.47 and its 200-day moving average price is $74.66. The stock has a market capitalization of $1.73 billion, a PE ratio of 56.72 and a beta of 1.20.

Triumph Financial (NASDAQ:TFINGet Free Report) last issued its quarterly earnings results on Wednesday, April 17th. The company reported $0.14 EPS for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.18). Triumph Financial had a net margin of 7.16% and a return on equity of 4.22%. The firm had revenue of $101.03 million for the quarter, compared to analysts’ expectations of $106.01 million. On average, equities research analysts anticipate that Triumph Financial, Inc. will post 1.18 EPS for the current year.

About Triumph Financial

(Free Report)

Triumph Financial, Inc, a financial holding company, provides various payments, factoring, and banking services in the United States. It operates through Banking, Factoring, and Payments segments. The company offers deposit products, including checking, savings, money market and certificates of deposit; and loan products, such as commercial real estate, land, commercial construction and land development, residential real estate, commercial agriculture, and consumer loans, as well as commercial and industrial loans, equipment loans, asset-based loans, business loans for working capital and operational purposes, and liquid credit loans.

Further Reading

Institutional Ownership by Quarter for Triumph Financial (NASDAQ:TFIN)

Receive News & Ratings for Triumph Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Triumph Financial and related companies with MarketBeat.com's FREE daily email newsletter.