Dynamic Technology Lab Private Ltd Purchases Shares of 5,740 Triumph Financial, Inc. $TFIN

Key Points

• Dynamic Technology Lab Private Ltd has acquired a new stake in Triumph Financial, Inc. by purchasing 5,740 shares valued at approximately $332,000.
• Institutional investors own 91.11% of Triumph Financial's stock, indicating significant institutional interest in the company.
• Triumph Financial's stock experienced a 3.9% increase, with a market capitalization of $1.40 billion and a recent earnings report showing EPS of $0.15, exceeding expectations.

Dynamic Technology Lab Private Ltd purchased a new stake in Triumph Financial, Inc. (NASDAQ:TFIN - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 5,740 shares of the company's stock, valued at approximately $332,000.

A number of other large investors also recently bought and sold shares of TFIN. CWM LLC lifted its holdings in 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 acquiring an additional 191 shares during the period. GAMMA Investing LLC lifted its holdings in Triumph Financial by 84.7% in the first 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. NBC Securities Inc. lifted its holdings in Triumph Financial by 88,233.3% in the first quarter. NBC Securities Inc. now owns 2,650 shares of the company's stock valued at $153,000 after acquiring an additional 2,647 shares during the period. Titleist Asset Management LLC acquired a new position in Triumph Financial in the first quarter valued at approximately $231,000. Finally, Balyasny Asset Management L.P. acquired a new position in Triumph Financial in the fourth quarter valued at approximately $237,000. 91.11% of the stock is owned by institutional investors and hedge funds.

Triumph Financial Stock Up 3.9%

Shares of TFIN opened at $59.03 on Friday. 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, Inc. has a one year low of $42.90 and a one year high of $110.58. The stock has a market capitalization of $1.40 billion, a price-to-earnings ratio of 134.17 and a beta of 1.29. The stock has a 50 day moving average price of $59.73 and a 200 day moving average price of $58.30.

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

Analyst Upgrades and Downgrades

Separately, DA Davidson increased their target price on 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, Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $70.75.

Insider Activity at Triumph Financial

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

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.

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