Insider Selling: Pathward Financial (NASDAQ:CASH) Director Sells 4,500 Shares of Stock

Pathward Financial, Inc. (NASDAQ:CASH) Director Elizabeth Hoople sold 4,500 shares of the firm’s stock in a transaction on Friday, May 29th. The shares were sold at an average price of $82.29, for a total value of $370,305.00. Following the completion of the sale, the director directly owned 28,050 shares of the company’s stock, valued at approximately $2,308,234.50. This trade represents a 13.82% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Pathward Financial Price Performance

Shares of NASDAQ:CASH traded down $1.33 on Monday, reaching $80.91. 141,630 shares of the company were exchanged, compared to its average volume of 243,732. The company has a 50-day moving average of $88.60 and a 200-day moving average of $83.38. The company has a current ratio of 0.81, a quick ratio of 0.80 and a debt-to-equity ratio of 0.04. The firm has a market cap of $1.71 billion, a price-to-earnings ratio of 9.61 and a beta of 0.61. Pathward Financial, Inc. has a 1-year low of $65.87 and a 1-year high of $101.26.

Pathward Financial (NASDAQ:CASH) last announced its quarterly earnings data on Wednesday, April 22nd. The savings and loans company reported $3.35 EPS for the quarter, meeting the consensus estimate of $3.35. Pathward Financial had a net margin of 22.42% and a return on equity of 22.35%. The firm had revenue of $276.30 million during the quarter, compared to analysts’ expectations of $272.04 million. During the same quarter last year, the business earned $3.11 earnings per share. The business’s revenue for the quarter was up 5.1% compared to the same quarter last year. Pathward Financial has set its FY 2026 guidance at 8.550-9.050 EPS. Equities analysts forecast that Pathward Financial, Inc. will post 8.73 earnings per share for the current fiscal year.

Pathward Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Thursday, June 11th will be paid a dividend of $0.05 per share. The ex-dividend date of this dividend is Thursday, June 11th. This represents a $0.20 annualized dividend and a dividend yield of 0.2%. Pathward Financial’s payout ratio is 2.38%.

Wall Street Analyst Weigh In

CASH has been the subject of several research analyst reports. Piper Sandler started coverage on Pathward Financial in a research note on Thursday, March 12th. They issued an “overweight” rating and a $107.00 price objective for the company. Keefe, Bruyette & Woods boosted their target price on Pathward Financial from $100.00 to $108.00 and gave the stock an “outperform” rating in a research report on Thursday, April 23rd. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Pathward Financial in a report on Friday, May 8th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $107.50.

Institutional Investors Weigh In On Pathward Financial

A number of institutional investors and hedge funds have recently bought and sold shares of CASH. EverSource Wealth Advisors LLC raised its holdings in shares of Pathward Financial by 43,200.0% in the second quarter. EverSource Wealth Advisors LLC now owns 433 shares of the savings and loans company’s stock worth $34,000 after acquiring an additional 432 shares during the last quarter. Smartleaf Asset Management LLC increased its position in Pathward Financial by 23.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 630 shares of the savings and loans company’s stock worth $45,000 after purchasing an additional 118 shares in the last quarter. State of Wyoming purchased a new stake in Pathward Financial during the 2nd quarter worth about $46,000. Rockefeller Capital Management L.P. raised its stake in Pathward Financial by 225.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 853 shares of the savings and loans company’s stock valued at $61,000 after purchasing an additional 591 shares during the last quarter. Finally, New Age Alpha Advisors LLC acquired a new position in Pathward Financial in the 4th quarter valued at about $77,000. Hedge funds and other institutional investors own 92.66% of the company’s stock.

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.