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 analysts have recently weighed in on the company. Zacks Investment Research cut Green Dot from a “buy” rating to a “hold” rating in a research report on Tuesday, January 9th. Cowen reiterated a “hold” rating and set a $55.00 price target on shares of Green Dot in a research report on Friday, January 12th. Deutsche Bank increased their price target on Green Dot from $42.00 to $54.00 and gave the stock a “hold” rating in a research report on Wednesday, November 8th. Jefferies Group reiterated a “buy” rating and set a $53.00 price target on shares of Green Dot in a research report on Thursday, October 12th. Finally, BTIG Research upgraded Green Dot from a “neutral” rating to a “buy” rating and set a $65.00 price target on the stock in a research report on Wednesday, November 8th. Eight investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $55.54.

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.

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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.

Insider Buying and Selling by Quarter for Green Dot (NYSE:GDOT)

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