Campbell & CO Investment Adviser LLC acquired a new position in shares of Pathward Financial, Inc. (NASDAQ:CASH – Free Report) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 4,720 shares of the savings and loans company’s stock, valued at approximately $373,000.
Other institutional investors have also recently bought and sold shares of the company. Bessemer Group Inc. increased its position in Pathward Financial by 647.8% during the second quarter. Bessemer Group Inc. now owns 344 shares of the savings and loans company’s stock worth $27,000 after purchasing an additional 298 shares during the last quarter. Maseco LLP purchased a new stake in shares of Pathward Financial during the 2nd quarter valued at $31,000. USAdvisors Wealth Management LLC increased its holdings in shares of Pathward Financial by 37.0% during the 1st quarter. USAdvisors Wealth Management LLC now owns 607 shares of the savings and loans company’s stock worth $44,000 after buying an additional 164 shares during the last quarter. Vestcor Inc purchased a new position in shares of Pathward Financial in the 1st quarter worth $123,000. Finally, Financiere des Professionnels Fonds d investissement inc. acquired a new position in Pathward Financial in the second quarter valued at $155,000. 92.66% of the stock is currently owned by hedge funds and other institutional investors.
Insider Activity at Pathward Financial
In other news, Director Douglas J. Hajek sold 3,000 shares of Pathward Financial stock in a transaction that occurred on Friday, October 31st. The shares were sold at an average price of $68.11, for a total transaction of $204,330.00. Following the sale, the director owned 16,631 shares in the company, valued at $1,132,737.41. This trade represents a 15.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Nadia Dombrowski sold 5,000 shares of the business’s stock in a transaction on Friday, October 24th. The stock was sold at an average price of $71.46, for a total transaction of $357,300.00. Following the transaction, the insider directly owned 6,528 shares in the company, valued at approximately $466,490.88. The trade was a 43.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 19,500 shares of company stock worth $1,384,455. 1.23% of the stock is currently owned by company insiders.
Analyst Ratings Changes
Check Out Our Latest Research Report on CASH
Pathward Financial Stock Performance
NASDAQ:CASH opened at $68.86 on Monday. The firm’s fifty day simple moving average is $72.65 and its 200 day simple moving average is $76.46. The company has a current ratio of 0.79, a quick ratio of 0.76 and a debt-to-equity ratio of 0.04. Pathward Financial, Inc. has a twelve month low of $64.45 and a twelve month high of $86.00. The firm has a market capitalization of $1.57 billion, a price-to-earnings ratio of 8.72 and a beta of 0.79.
Pathward Financial (NASDAQ:CASH – Get Free Report) last released its quarterly earnings data on Tuesday, October 21st. The savings and loans company reported $1.69 EPS for the quarter, beating the consensus estimate of $1.39 by $0.30. The company had revenue of $186.71 million for the quarter, compared to analyst estimates of $189.50 million. Pathward Financial had a return on equity of 22.97% and a net margin of 22.45%.The firm’s revenue was up 11.2% compared to the same quarter last year. During the same period last year, the company posted $1.35 earnings per share. Pathward Financial has set its FY 2026 guidance at 8.250-8.750 EPS. As a group, equities research analysts expect that Pathward Financial, Inc. will post 7.26 earnings per share for the current fiscal year.
Pathward Financial Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, October 1st. Stockholders of record on Wednesday, September 10th were paid a $0.05 dividend. The ex-dividend date was Wednesday, September 10th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.3%. Pathward Financial’s dividend payout ratio (DPR) is 2.53%.
Pathward Financial Company Profile
Pathward Financial, Inc operates as the bank holding company for Pathward, National Association that provides various banking products and services in the United States. The company operates through three segments: Consumer, Commercial, and Corporate Services/Other. It offers demand deposit accounts, savings accounts, and money market savings accounts.
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