TFS Financial (NASDAQ:TFSL) Insider Gavin Stefanski Sells 7,000 Shares

TFS Financial Corporation (NASDAQ:TFSLGet Free Report) insider Gavin Stefanski sold 7,000 shares of TFS Financial stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $14.97, for a total value of $104,790.00. Following the transaction, the insider owned 25,766 shares in the company, valued at approximately $385,717.02. This represents a 21.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

TFS Financial Trading Down 5.7%

Shares of TFS Financial stock traded down $0.85 during trading hours on Monday, hitting $14.19. The company’s stock had a trading volume of 574,221 shares, compared to its average volume of 698,985. The company has a market capitalization of $3.98 billion, a PE ratio of 44.55 and a beta of 0.73. The company has a debt-to-equity ratio of 2.60, a current ratio of 1.55 and a quick ratio of 1.55. The stock has a 50 day moving average of $14.27 and a 200 day moving average of $13.79. TFS Financial Corporation has a 12 month low of $11.29 and a 12 month high of $15.42.

TFS Financial (NASDAQ:TFSLGet Free Report) last issued its quarterly earnings data on Thursday, January 29th. The bank reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by ($0.01). TFS Financial had a net margin of 11.29% and a return on equity of 4.79%. The business had revenue of $83.73 million during the quarter, compared to analyst estimates of $84.97 million. Analysts predict that TFS Financial Corporation will post 0.29 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Wall Street Zen lowered shares of TFS Financial from a “hold” rating to a “sell” rating in a report on Saturday, January 31st. Zacks Research upgraded TFS Financial to a “hold” rating in a report on Monday, January 19th. Piper Sandler began coverage on TFS Financial in a report on Friday, January 16th. They issued a “neutral” rating and a $15.00 price target on the stock. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of TFS Financial in a research report on Monday, December 29th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $15.00.

Check Out Our Latest Report on TFSL

Hedge Funds Weigh In On TFS Financial

Institutional investors and hedge funds have recently modified their holdings of the stock. Creative Planning boosted its holdings in TFS Financial by 117.7% in the 2nd quarter. Creative Planning now owns 75,076 shares of the bank’s stock valued at $972,000 after purchasing an additional 40,594 shares during the period. Geode Capital Management LLC boosted its stake in shares of TFS Financial by 2.1% in the second quarter. Geode Capital Management LLC now owns 1,154,189 shares of the bank’s stock valued at $14,949,000 after buying an additional 23,622 shares during the period. Vestmark Advisory Solutions Inc. grew its position in TFS Financial by 124.6% during the second quarter. Vestmark Advisory Solutions Inc. now owns 87,736 shares of the bank’s stock worth $1,136,000 after buying an additional 48,673 shares in the last quarter. Campbell & CO Investment Adviser LLC increased its stake in TFS Financial by 415.6% during the 2nd quarter. Campbell & CO Investment Adviser LLC now owns 70,920 shares of the bank’s stock worth $918,000 after acquiring an additional 57,166 shares during the period. Finally, Bank of New York Mellon Corp raised its holdings in TFS Financial by 3.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,540,799 shares of the bank’s stock valued at $19,953,000 after acquiring an additional 46,080 shares in the last quarter. 9.81% of the stock is currently owned by institutional investors and hedge funds.

About TFS Financial

(Get Free Report)

TFS Financial Corporation is a bank holding company for TFS Capital Bank, headquartered in Austin, Texas. The company offers commercial banking and specialty finance solutions designed to meet the unique needs of small and mid-sized businesses. Through its bank charter, TFS Financial provides a full suite of deposit products alongside a range of lending options tailored to growing enterprises.

The bank’s lending portfolio includes equipment financing, working capital lines of credit, and term loans structured to support capital expenditures and operational needs.

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Insider Buying and Selling by Quarter for TFS Financial (NASDAQ:TFSL)

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