Fuller & Thaler Asset Management Inc. Takes $790,000 Position in Green Dot Corporation $GDOT

Key Points

• Fuller & Thaler Asset Management Inc. acquired a new stake in Green Dot Corporation (GDOT), purchasing 93,547 shares valued at approximately $790,000.
• Green Dot reported earnings per share of $0.40 for the most recent quarter, exceeding analysts' expectations of $0.17 and marking a revenue increase of 23.9% year over year.
• Institutional investors own 92.56% of Green Dot's stock, showing significant interest from large financial entities.

Fuller & Thaler Asset Management Inc. acquired a new stake in Green Dot Corporation (NYSE:GDOT - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 93,547 shares of the financial services provider's stock, valued at approximately $790,000. Fuller & Thaler Asset Management Inc. owned 0.17% of Green Dot at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Green Dot by 4.4% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,460 shares of the financial services provider's stock valued at $324,000 after purchasing an additional 1,292 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in shares of Green Dot by 11.2% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 18,356 shares of the financial services provider's stock valued at $155,000 after purchasing an additional 1,843 shares during the period. Connors Investor Services Inc. raised its position in shares of Green Dot by 0.9% in the fourth quarter. Connors Investor Services Inc. now owns 275,001 shares of the financial services provider's stock valued at $2,926,000 after purchasing an additional 2,516 shares during the period. Graham Capital Management L.P. increased its position in Green Dot by 25.0% during the fourth quarter. Graham Capital Management L.P. now owns 14,079 shares of the financial services provider's stock worth $150,000 after acquiring an additional 2,818 shares during the period. Finally, BNP Paribas Financial Markets increased its position in Green Dot by 2.0% during the fourth quarter. BNP Paribas Financial Markets now owns 151,142 shares of the financial services provider's stock worth $1,608,000 after acquiring an additional 3,035 shares during the period. 92.56% of the stock is owned by institutional investors.

Insider Buying and Selling at Green Dot

In other news, insider Christian Devin Ruppel sold 27,931 shares of the firm's stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $12.39, for a total value of $346,065.09. Following the sale, the insider directly owned 226,656 shares in the company, valued at approximately $2,808,267.84. This trade represents a 10.97% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 1.40% of the company's stock.

Green Dot Price Performance

GDOT stock traded up $0.16 during mid-day trading on Tuesday, hitting $13.46. The stock had a trading volume of 67,072 shares, compared to its average volume of 851,237. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 0.07. Green Dot Corporation has a 52 week low of $6.12 and a 52 week high of $14.27. The firm has a market capitalization of $745.27 million, a P/E ratio of -30.60 and a beta of 0.75. The firm has a fifty day simple moving average of $11.03 and a 200 day simple moving average of $9.38.

Green Dot (NYSE:GDOT - Get Free Report) last released its earnings results on Monday, August 11th. The financial services provider reported $0.40 EPS for the quarter, beating the consensus estimate of $0.17 by $0.23. Green Dot had a negative net margin of 1.24% and a positive return on equity of 9.93%. The firm had revenue of $501.16 million for the quarter, compared to analyst estimates of $496.49 million. During the same period last year, the firm earned $0.25 EPS. The business's quarterly revenue was up 23.9% compared to the same quarter last year. Green Dot has set its FY 2025 guidance at 1.280-1.420 EPS. As a group, research analysts forecast that Green Dot Corporation will post 0.87 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. Northland Securities set a $16.00 price target on shares of Green Dot in a research report on Tuesday, August 12th. Wall Street Zen raised shares of Green Dot from a "hold" rating to a "buy" rating in a research report on Friday, June 6th. Barclays raised their price target on shares of Green Dot from $7.00 to $10.00 and gave the stock an "underweight" rating in a research report on Monday, May 12th. Keefe, Bruyette & Woods raised their price target on shares of Green Dot from $11.00 to $12.00 and gave the stock a "market perform" rating in a research report on Friday, July 11th. Finally, Zacks Research raised shares of Green Dot from a "hold" rating to a "strong-buy" rating in a research report on Friday. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $13.00.

Green Dot Company Profile

Green Dot Corporation, a financial technology and registered bank holding company, provides various financial services to consumers and businesses in the United States. It operates through three segments: Consumer Services, Business to Business Services, and Money Movement Services. The company provides deposit account programs, including consumer and small business checking account products, network-branded reloadable prepaid debit cards and gift cards, and secured credit programs.