Triumph Financial (NYSE:TFIN) EVP Adam Nelson Sells 3,750 Shares

Triumph Financial, Inc. (NYSE:TFIN) EVP Adam Nelson sold 3,750 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $79.05, for a total transaction of $296,437.50. Following the completion of the sale, the executive vice president owned 23,755 shares of the company’s stock, valued at approximately $1,877,832.75. This trade represents a 13.63% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Triumph Financial Trading Down 1.9%

NYSE TFIN opened at $78.32 on Thursday. The firm’s 50 day moving average price is $75.56 and its two-hundred day moving average price is $67.45. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.01 and a current ratio of 1.01. Triumph Financial, Inc. has a twelve month low of $46.43 and a twelve month high of $83.52. The stock has a market cap of $1.87 billion, a price-to-earnings ratio of 52.92 and a beta of 1.39.

Triumph Financial (NYSE:TFIN) last issued its earnings results on Tuesday, July 21st. The company reported $0.44 EPS for the quarter, hitting the consensus estimate of $0.44. Triumph Financial had a return on equity of 4.69% and a net margin of 7.17%.The business had revenue of $120.24 million during the quarter, compared to analysts’ expectations of $114.67 million. Equities analysts anticipate that Triumph Financial, Inc. will post 1.93 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. DA Davidson lifted their target price on Triumph Financial from $65.00 to $82.00 and gave the company a “neutral” rating in a research note on Wednesday, July 29th. Zacks Research cut shares of Triumph Financial from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 28th. B. Riley Financial boosted their price objective on shares of Triumph Financial from $70.00 to $82.00 and gave the company a “neutral” rating in a research report on Friday, July 24th. Stephens upped their price objective on shares of Triumph Financial from $82.00 to $88.00 and gave the company an “equal weight” rating in a research note on Thursday, July 23rd. Finally, Keefe, Bruyette & Woods increased their target price on shares of Triumph Financial from $78.00 to $88.00 and gave the stock a “market perform” rating in a research report on Thursday, July 23rd. Six equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Triumph Financial currently has a consensus rating of “Hold” and a consensus target price of $85.00.

Institutional Investors Weigh In On Triumph Financial

Large investors have recently bought and sold shares of the business. Farther Finance Advisors LLC increased its position in Triumph Financial by 46.1% during the fourth quarter. Farther Finance Advisors LLC now owns 491 shares of the company’s stock worth $31,000 after buying an additional 155 shares during the last quarter. Tower Research Capital LLC TRC lifted its position in shares of Triumph Financial by 9.3% in the second quarter. Tower Research Capital LLC TRC now owns 2,284 shares of the company’s stock worth $126,000 after buying an additional 195 shares during the last quarter. Los Angeles Capital Management LLC bought a new stake in shares of Triumph Financial during the 4th quarter worth about $174,000. Amundi boosted its stake in shares of Triumph Financial by 15.3% during the 3rd quarter. Amundi now owns 4,156 shares of the company’s stock worth $202,000 after acquiring an additional 550 shares in the last quarter. Finally, Maryland State Retirement & Pension System acquired a new position in shares of Triumph Financial during the 4th quarter valued at about $206,000. 91.11% of the stock is currently owned by institutional investors.

Triumph Financial Company Profile

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.