Callan Family Office LLC Takes $356,000 Position in Triumph Financial, Inc. $TFIN

Key Points

• Callan Family Office LLC acquired a new stake in Triumph Financial, Inc. (NASDAQ: TFIN) worth approximately $356,000 by purchasing 6,467 shares in the second quarter.
• Insiders, including CEO Aaron P. Graft, sold significant amounts of stock in recent transactions, with Graft selling 6,500 shares for around $391,170, representing a 4.30% decrease in his ownership.
• Triumph Financial reported $0.04 EPS for the last quarter, missing analysts' estimates and revealing a 1.79% return on equity and a 2.75% net margin.

Callan Family Office LLC bought a new stake in Triumph Financial, Inc. (NASDAQ:TFIN - Free Report) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor bought 6,467 shares of the company's stock, valued at approximately $356,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. GAMMA Investing LLC raised its holdings in Triumph Financial by 84.7% in the 1st quarter. GAMMA Investing LLC now owns 698 shares of the company's stock valued at $40,000 after acquiring an additional 320 shares during the period. Illinois Municipal Retirement Fund boosted its position in shares of Triumph Financial by 3.9% during the 1st quarter. Illinois Municipal Retirement Fund now owns 12,809 shares of the company's stock worth $740,000 after acquiring an additional 483 shares in the last quarter. Peregrine Capital Management LLC boosted its position in Triumph Financial by 24.8% in the first quarter. Peregrine Capital Management LLC now owns 181,322 shares of the company's stock valued at $10,480,000 after buying an additional 35,990 shares in the last quarter. Sippican Capital Advisors boosted its position in Triumph Financial by 5.2% in the first quarter. Sippican Capital Advisors now owns 42,111 shares of the company's stock valued at $2,434,000 after buying an additional 2,063 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its position in Triumph Financial by 2.5% in the first quarter. Principal Financial Group Inc. now owns 109,677 shares of the company's stock valued at $6,339,000 after buying an additional 2,666 shares in the last quarter. 91.11% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, CEO Aaron P. Graft sold 6,500 shares of Triumph Financial stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $60.18, for a total transaction of $391,170.00. Following the completion of the transaction, the chief executive officer owned 144,558 shares of the company's stock, valued at $8,699,500.44. This trade represents a 4.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Adam D. Nelson sold 3,500 shares of Triumph Financial stock in a transaction on Monday, August 25th. The stock was sold at an average price of $60.39, for a total transaction of $211,365.00. Following the transaction, the executive vice president directly owned 27,832 shares of the company's stock, valued at $1,680,774.48. This represents a 11.17% decrease in their position. The disclosure for this sale can be found here. 5.58% of the stock is owned by company insiders.

Triumph Financial Price Performance

TFIN stock opened at $47.76 on Thursday. The company has a fifty day moving average price of $55.27 and a 200-day moving average price of $56.54. The company has a market capitalization of $1.13 billion, a P/E ratio of 108.54 and a beta of 1.31. Triumph Financial, Inc. has a 52-week low of $42.90 and a 52-week high of $110.58. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.96 and a current ratio of 0.96.

Triumph Financial (NASDAQ:TFIN - Get Free Report) last announced its earnings results on Wednesday, October 15th. The company reported $0.04 earnings per share for the quarter, missing analysts' consensus estimates of $0.13 by ($0.09). Triumph Financial had a return on equity of 1.79% and a net margin of 2.75%.During the same quarter in the prior year, the company posted $0.08 EPS. As a group, equities analysts expect that Triumph Financial, Inc. will post 1.08 EPS for the current year.

Analyst Ratings Changes

Separately, DA Davidson raised their target price on shares of Triumph Financial from $56.00 to $63.00 and gave the company a "neutral" rating in a research report on Friday, July 18th. Four analysts have rated the stock with a Hold rating, According to MarketBeat, Triumph Financial currently has a consensus rating of "Hold" and an average price target of $70.75.

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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