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

Pathward Financial, Inc. (NASDAQ:CASH) CEO Brett Pharr sold 15,641 shares of the stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $93.88, for a total value of $1,468,377.08. Following the completion of the sale, the chief executive officer directly owned 78,261 shares of the company’s stock, valued at approximately $7,347,142.68. This represents a 16.66% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Pathward Financial Trading Up 0.1%

NASDAQ:CASH traded up $0.05 during trading hours on Tuesday, hitting $92.85. The company had a trading volume of 369,017 shares, compared to its average volume of 291,306. Pathward Financial, Inc. has a 1 year low of $64.45 and a 1 year high of $96.06. The company has a market cap of $2.02 billion, a P/E ratio of 11.35 and a beta of 0.75. The company has a 50-day moving average of $81.57 and a 200 day moving average of $76.32. The company has a current ratio of 0.81, a quick ratio of 0.79 and a debt-to-equity ratio of 0.04.

Pathward Financial (NASDAQ:CASH) last issued its earnings results on Thursday, January 22nd. The savings and loans company reported $1.57 EPS for the quarter, topping analysts’ consensus estimates of $1.38 by $0.19. Pathward Financial had a net margin of 22.95% and a return on equity of 22.76%. The company had revenue of $173.10 million for the quarter, compared to the consensus estimate of $185.80 million. During the same period in the previous year, the firm earned $1.29 earnings per share. Pathward Financial’s quarterly revenue was down .2% compared to the same quarter last year. Pathward Financial has set its FY 2026 guidance at 8.550-9.050 EPS. Sell-side analysts expect that Pathward Financial, Inc. will post 7.26 earnings per share for the current year.

Hedge Funds Weigh In On Pathward Financial

Several hedge funds have recently bought and sold shares of CASH. Bessemer Group Inc. grew its position in Pathward Financial by 647.8% in the 2nd quarter. Bessemer Group Inc. now owns 344 shares of the savings and loans company’s stock valued at $27,000 after acquiring an additional 298 shares in the last quarter. Hughes Financial Services LLC acquired a new stake in Pathward Financial in the 2nd quarter valued at about $30,000. EverSource Wealth Advisors LLC boosted its stake in shares of Pathward Financial by 43,200.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 433 shares of the savings and loans company’s stock valued at $34,000 after buying an additional 432 shares during the period. State of Wyoming acquired a new position in shares of Pathward Financial during the second quarter worth about $46,000. Finally, Smartleaf Asset Management LLC grew its position in shares of Pathward Financial by 23.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 630 shares of the savings and loans company’s stock worth $45,000 after buying an additional 118 shares in the last quarter. Institutional investors and hedge funds own 92.66% of the company’s stock.

Analysts Set New Price Targets

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

About Pathward Financial

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.