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

Pathward Financial, Inc. (NASDAQ:CASH) CEO Brett Pharr sold 15,641 shares of the company’s stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $93.88, for a total value of $1,468,377.08. Following the completion of the transaction, the chief executive officer directly owned 78,261 shares in the company, valued at approximately $7,347,142.68. The trade was a 16.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Pathward Financial Trading Up 1.5%

Shares of NASDAQ CASH opened at $94.27 on Thursday. The stock has a market cap of $2.05 billion, a price-to-earnings ratio of 11.52 and a beta of 0.75. The business has a 50 day simple moving average of $82.37 and a 200 day simple moving average of $76.58. 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, beating the consensus estimate of $1.38 by $0.19. The firm had revenue of $173.10 million for the quarter, compared to analyst estimates of $185.80 million. Pathward Financial had a net margin of 22.95% and a return on equity of 22.76%. The company’s revenue for the quarter was down .2% on a year-over-year basis. During the same quarter last year, the firm earned $1.29 earnings per share. Pathward Financial has set its FY 2026 guidance at 8.550-9.050 EPS. On average, research analysts predict that Pathward Financial, Inc. will post 7.26 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of CASH. Seros Financial LLC acquired a new stake in shares of Pathward Financial in the third quarter valued at about $481,003,000. Revolve Wealth Partners LLC bought a new stake in Pathward Financial during the 4th quarter valued at approximately $267,437,000. Vanguard Group Inc. boosted its stake in Pathward Financial by 0.8% during the 3rd quarter. Vanguard Group Inc. now owns 1,857,345 shares of the savings and loans company’s stock valued at $137,462,000 after purchasing an additional 14,130 shares during the period. American Century Companies Inc. grew its holdings in Pathward Financial by 44.6% in the 3rd quarter. American Century Companies Inc. now owns 1,049,836 shares of the savings and loans company’s stock valued at $77,698,000 after buying an additional 323,785 shares during the last quarter. Finally, Neumeier Poma Investment Counsel LLC grew its holdings in Pathward Financial by 62.0% in the 3rd quarter. Neumeier Poma Investment Counsel LLC now owns 348,590 shares of the savings and loans company’s stock valued at $25,799,000 after buying an additional 133,455 shares during the last quarter. Institutional investors and hedge funds own 92.66% of the company’s stock.

Wall Street Analyst Weigh In

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

Pathward Financial Company Profile

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.