Triumph Financial (NYSE:TFIN) Stock: Insider Aaron Graft Sells 11,883 Shares

Triumph Financial, Inc. (NYSE:TFIN) CEO Aaron Graft sold 11,883 shares of Triumph Financial stock in a transaction that occurred on Thursday, November 5th. The shares were sold at an average price of $62.14, for a total value of $738,409.62. Following the completion of the sale, the chief executive officer owned 169,303 shares in the company, valued at approximately $10,520,488.42. This trade represents a 6.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Triumph Financial Price Performance

TFIN stock traded up $1.74 on Monday, reaching $62.97. 150,927 shares of the company’s stock were exchanged, compared to its average volume of 249,091. The stock has a fifty day moving average of $63.67 and a 200-day moving average of $67.12. The firm has a market cap of $1.51 billion, a PE ratio of 32.13 and a beta of 1.47. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.05. Triumph Financial, Inc. has a twelve month low of $49.27 and a twelve month high of $83.52.

Triumph Financial (NYSE:TFIN) last released its earnings results on Wednesday, October 21st. The company reported $0.52 EPS for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.08). The business had revenue of $125.67 million during the quarter, compared to analyst estimates of $123.11 million. Triumph Financial had a net margin of 8.96% and a return on equity of 5.57%. As a group, equities analysts predict that Triumph Financial, Inc. will post 1.97 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. Raymond James Financial cut their price target on shares of Triumph Financial from $89.00 to $84.00 and set an “outperform” rating for the company in a report on Friday, September 25th. B. Riley Financial raised shares of Triumph Financial from a “neutral” rating to a “buy” rating and set a $82.00 price objective on the stock in a report on Friday, October 2nd. Keefe, Bruyette & Woods upped their target price on shares of Triumph Financial from $78.00 to $88.00 and gave the stock a “market perform” rating in a research report on Thursday, July 23rd. Zacks Research lowered shares of Triumph Financial from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 28th. Finally, DA Davidson increased their target price on shares of Triumph Financial from $67.00 to $70.00 and gave the company a “neutral” rating in a report on Tuesday, October 27th. Two investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $78.80.

Hedge Funds Weigh In On Triumph Financial

Hedge funds and other institutional investors have recently bought and sold shares of the company. BlackRock Inc. acquired a new stake in Triumph Financial in the second quarter valued at $259,022,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new position in shares of Triumph Financial in the second quarter valued at $49,047,000. Diamond Hill Capital Management LLC Investment Advisor purchased a new position in shares of Triumph Financial in the second quarter valued at $38,807,000. Bank of America Corp DE acquired a new position in shares of Triumph Financial during the 2nd quarter worth $38,256,000. Finally, Ranger Investment Management L.P. acquired a new position in shares of Triumph Financial during the 2nd quarter worth $36,920,000. 91.11% of the stock is owned by institutional investors and hedge funds.

Triumph Financial Company Profile

Triumph Financial, Inc is a financial holding company headquartered in Dallas, Texas, that provides banking, payments and financial services designed primarily for businesses and professionals in the transportation industry. The company operates through a technology-focused model that combines traditional banking capabilities with specialized payments and working-capital solutions.

Its offerings include commercial banking products, accounts and lending services, as well as transportation-focused invoice factoring through Triumph Business Capital.