Triumph Financial, Inc. $TFIN Shares Bought by Curi RMB Capital LLC

Key Points

• Curi RMB Capital LLC increased its stake in Triumph Financial, Inc. by 7.5% during the first quarter, bringing its total holdings to approximately $4.47 million.
• Insider selling occurred recently, with CEO Aaron P. Graft and EVP Adam D. Nelson reducing their shares by 4.30% and 11.17% respectively, following substantial share sales.
• Wall Street analysts have a consensus rating of "Hold" on Triumph Financial, with an increased average price target now set at $70.75.

Curi RMB Capital LLC raised its stake in shares of Triumph Financial, Inc. (NASDAQ:TFIN - Free Report) by 7.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 77,393 shares of the company's stock after purchasing an additional 5,371 shares during the period. Curi RMB Capital LLC owned 0.33% of Triumph Financial worth $4,473,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. CWM LLC increased its stake in shares of Triumph Financial by 48.0% in the first quarter. CWM LLC now owns 589 shares of the company's stock valued at $34,000 after buying an additional 191 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in shares of Triumph Financial by 2.1% during the 1st quarter. Victory Capital Management Inc. now owns 9,867 shares of the company's stock valued at $570,000 after purchasing an additional 205 shares in the last quarter. Comerica Bank boosted its position in Triumph Financial by 3.5% during the 1st quarter. Comerica Bank now owns 7,903 shares of the company's stock worth $457,000 after acquiring an additional 269 shares during the last quarter. GAMMA Investing LLC boosted its position in Triumph Financial by 84.7% during the 1st quarter. GAMMA Investing LLC now owns 698 shares of the company's stock worth $40,000 after acquiring an additional 320 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Triumph Financial by 3.9% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,574 shares of the company's stock worth $1,143,000 after acquiring an additional 467 shares during the last quarter. Institutional investors and hedge funds own 91.11% of the company's stock.

Insider Activity at Triumph Financial

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

Triumph Financial Trading Up 0.1%

Shares of TFIN traded up $0.04 during mid-day trading on Wednesday, reaching $62.58. 37,715 shares of the company were exchanged, compared to its average volume of 219,939. 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. The stock has a market capitalization of $1.49 billion, a PE ratio of 142.22 and a beta of 1.29. The business has a 50 day simple moving average of $60.02 and a two-hundred day simple moving average of $58.43.

Triumph Financial (NASDAQ:TFIN - Get Free Report) last announced its quarterly earnings data on Wednesday, July 16th. The company reported $0.15 EPS for the quarter, beating analysts' consensus estimates of $0.04 by $0.11. The firm had revenue of $108.06 million during the quarter, compared to analysts' expectations of $105.85 million. Triumph Financial had a return on equity of 1.79% and a net margin of 2.75%. On average, analysts predict that Triumph Financial, Inc. will post 1.08 earnings per share for the current fiscal year.

Analysts Set New Price Targets

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

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.