Insider Buying: Triumph Financial, Inc. (NASDAQ:TFIN) Director Acquires 1,500 Shares of Stock

Triumph Financial, Inc. (NASDAQ:TFIN - Get Free Report) Director Davis R. Deadman purchased 1,500 shares of Triumph Financial stock in a transaction dated Friday, April 25th. The stock was bought at an average price of $53.50 per share, for a total transaction of $80,250.00. Following the completion of the purchase, the director now owns 10,220 shares in the company, valued at $546,770. This represents a 17.20 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Triumph Financial Trading Up 0.2 %

Shares of Triumph Financial stock traded up $0.12 on Friday, hitting $54.50. 200,591 shares of the company's stock traded hands, compared to its average volume of 168,969. The company has a fifty day moving average of $56.84 and a two-hundred day moving average of $78.37. Triumph Financial, Inc. has a one year low of $42.90 and a one year high of $110.58. The company has a market capitalization of $1.28 billion, a price-to-earnings ratio of 100.93 and a beta of 1.18. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.98 and a quick ratio of 0.98.

Triumph Financial (NASDAQ:TFIN - Get Free Report) last posted its quarterly earnings results on Wednesday, April 16th. The company reported $0.04 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.06 by ($0.02). The business had revenue of $101.57 million for the quarter, compared to the consensus estimate of $104.49 million. Triumph Financial had a return on equity of 1.93% and a net margin of 3.30%. During the same quarter in the previous year, the company posted $0.14 earnings per share. As a group, sell-side analysts expect that Triumph Financial, Inc. will post 1.08 earnings per share for the current year.

Institutional Investors Weigh In On Triumph Financial

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Victory Capital Management Inc. grew its stake in shares of Triumph Financial by 2.1% in the 1st quarter. Victory Capital Management Inc. now owns 9,867 shares of the company's stock valued at $570,000 after buying an additional 205 shares during the period. Tectonic Advisors LLC grew its stake in Triumph Financial by 14.1% in the first quarter. Tectonic Advisors LLC now owns 26,469 shares of the company's stock valued at $1,530,000 after acquiring an additional 3,279 shares during the period. CWM LLC increased its holdings in shares of Triumph Financial by 48.0% during the first quarter. CWM LLC now owns 589 shares of the company's stock valued at $34,000 after acquiring an additional 191 shares in the last quarter. New York State Common Retirement Fund raised its position in shares of Triumph Financial by 13.1% during the first quarter. New York State Common Retirement Fund now owns 75,021 shares of the company's stock worth $4,336,000 after purchasing an additional 8,670 shares during the period. Finally, Investment Management Associates Inc. ADV lifted its holdings in shares of Triumph Financial by 19.2% in the 1st quarter. Investment Management Associates Inc. ADV now owns 115,902 shares of the company's stock worth $6,699,000 after purchasing an additional 18,665 shares in the last quarter. 91.11% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

TFIN has been the subject of several research analyst reports. B. Riley reiterated a "neutral" rating and set a $55.00 price target (down from $65.00) on shares of Triumph Financial in a report on Wednesday, April 23rd. Keefe, Bruyette & Woods cut their price target on shares of Triumph Financial from $68.00 to $56.00 and set a "market perform" rating on the stock in a report on Monday, April 21st. DA Davidson cut their target price on Triumph Financial from $68.00 to $56.00 and set a "neutral" rating on the stock in a report on Monday, April 21st. Finally, Stephens reaffirmed an "equal weight" rating and issued a $109.00 price objective on shares of Triumph Financial in a research note on Thursday, January 23rd. One analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. According to MarketBeat, Triumph Financial currently has a consensus rating of "Hold" and a consensus target price of $68.20.

Triumph Financial Company Profile

Triumph Financial, Inc, a financial holding company, provides various payments, factoring, and banking services in the United States. It operates through Banking, Factoring, and Payments segments. The company offers deposit products, including checking, savings, money market and certificates of deposit; and loan products, such as commercial real estate, land, commercial construction and land development, residential real estate, commercial agriculture, and consumer loans, as well as commercial and industrial loans, equipment loans, asset-based loans, business loans for working capital and operational purposes, and liquid credit loans.