Green Dot Co. (GDOT) Insider Steven W. Streit Sells 20,490 Shares
Green Dot Co. (NYSE:GDOT) insider Steven W. Streit sold 20,490 shares of the stock in a transaction that occurred on Thursday, February 8th. The stock was sold at an average price of $57.10, for a total value of $1,169,979.00. Following the sale, the insider now owns 176,621 shares in the company, valued at $10,085,059.10. The sale was disclosed in a filing with the SEC, which is available at the SEC website.
Green Dot Co. (NYSE GDOT) traded down $0.11 on Friday, reaching $55.76. The company had a trading volume of 22,798 shares, compared to its average volume of 267,312. Green Dot Co. has a 12-month low of $26.21 and a 12-month high of $65.88. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.09. The firm has a market cap of $2,914.53, a PE ratio of 40.72 and a beta of 0.87.
Green Dot (NYSE:GDOT) last posted its earnings results on Tuesday, November 7th. The financial services provider reported $0.34 EPS for the quarter, beating the consensus estimate of $0.20 by $0.14. The firm had revenue of $201.60 million for the quarter, compared to analysts’ expectations of $191.33 million. Green Dot had a return on equity of 12.55% and a net margin of 8.61%. The firm’s revenue was up 30.5% compared to the same quarter last year. During the same period last year, the firm earned $0.21 EPS. equities analysts predict that Green Dot Co. will post 1.71 EPS for the current fiscal year.
A number of hedge funds and other institutional investors have recently modified their holdings of GDOT. Eagle Asset Management Inc. bought a new position in Green Dot during the 4th quarter valued at $82,309,000. Rothschild Asset Management Inc. bought a new position in Green Dot during the 3rd quarter valued at $29,051,000. GMT Capital Corp bought a new position in Green Dot during the 3rd quarter valued at $13,178,000. Stephens Investment Management Group LLC boosted its stake in Green Dot by 226.9% during the 4th quarter. Stephens Investment Management Group LLC now owns 382,882 shares of the financial services provider’s stock valued at $23,072,000 after purchasing an additional 265,757 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. bought a new position in Green Dot during the 3rd quarter valued at $7,420,000. 78.41% of the stock is owned by hedge funds and other institutional investors.
TRADEMARK VIOLATION NOTICE: “Green Dot Co. (GDOT) Insider Steven W. Streit Sells 20,490 Shares” was posted by Daily Political and is the property of of Daily Political. If you are reading this piece on another site, it was illegally stolen and reposted in violation of US & international trademark and copyright laws. The original version of this piece can be read at https://www.dailypolitical.com/2018/02/09/green-dot-co-gdot-insider-steven-w-streit-sells-20490-shares.html.
Green Dot Company Profile
Green Dot Corporation (Green Dot) is a pro-consumer financial technology innovator. The Company is a provider of reloadable prepaid debit cards and cash reload processing services in the United States. The Company operates through two segments: Account Services, and Processing and Settlement Services.
Receive News & Ratings for Green Dot Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Green Dot and related companies with MarketBeat.com's FREE daily email newsletter.