Davis R. Deadman Buys 1,500 Shares of Triumph Financial, Inc. (NASDAQ:TFIN) Stock

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

Triumph Financial Stock Up 2.0 %

Triumph Financial stock traded up $1.04 during mid-day trading on Monday, hitting $53.69. The company had a trading volume of 300,843 shares, compared to its average volume of 168,085. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.05. Triumph Financial, Inc. has a 1 year low of $42.90 and a 1 year high of $110.58. The business has a fifty day moving average of $58.35 and a 200 day moving average of $79.28. The stock has a market cap of $1.26 billion, a price-to-earnings ratio of 99.43 and a beta of 1.18.

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

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Stephens restated an "equal weight" rating and set a $109.00 price target on shares of Triumph Financial in a report on Thursday, January 23rd. DA Davidson reduced their target price on shares of Triumph Financial from $68.00 to $56.00 and set a "neutral" rating on the stock in a report on Monday, April 21st. B. Riley reiterated a "neutral" rating and set a $55.00 price target (down previously from $65.00) on shares of Triumph Financial in a report on Wednesday, April 23rd. Finally, Keefe, Bruyette & Woods reduced their price objective 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. One research analyst has rated the stock with a sell rating and four have assigned a hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $68.20.

Institutional Trading of Triumph Financial

A number of large investors have recently made changes to their positions in TFIN. Vanguard Group Inc. increased its position in Triumph Financial by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 2,027,420 shares of the company's stock worth $184,252,000 after buying an additional 24,868 shares during the period. Thrivent Financial for Lutherans increased its holdings in shares of Triumph Financial by 1.7% in the 4th quarter. Thrivent Financial for Lutherans now owns 1,175,616 shares of the company's stock valued at $106,840,000 after acquiring an additional 19,286 shares during the period. American Century Companies Inc. raised its position in Triumph Financial by 34.0% in the 4th quarter. American Century Companies Inc. now owns 782,198 shares of the company's stock valued at $71,086,000 after purchasing an additional 198,611 shares during the last quarter. Bank of America Corp DE boosted its stake in Triumph Financial by 478.3% during the 4th quarter. Bank of America Corp DE now owns 350,573 shares of the company's stock worth $31,860,000 after purchasing an additional 289,955 shares during the period. Finally, Northern Trust Corp grew its position in Triumph Financial by 7.6% during the 4th quarter. Northern Trust Corp now owns 227,875 shares of the company's stock worth $20,709,000 after purchasing an additional 16,061 shares during the last quarter. 91.11% of the stock is owned by institutional investors and hedge funds.

About Triumph Financial

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.

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