Carlos M. Sepulveda Sells 16,000 Shares of Triumph Financial, Inc. (NASDAQ:TFIN) Stock

Triumph Financial, Inc. (NASDAQ:TFIN - Get Free Report) Director Carlos M. Sepulveda sold 16,000 shares of Triumph Financial stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $71.12, for a total value of $1,137,920.00. Following the completion of the transaction, the director now owns 351,484 shares of the company's stock, valued at $24,997,542.08. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Triumph Financial Price Performance

TFIN traded up $1.64 during trading on Wednesday, reaching $72.00. The stock had a trading volume of 155,243 shares, compared to its average volume of 163,058. The firm has a market capitalization of $1.68 billion, a price-to-earnings ratio of 54.96 and a beta of 1.18. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.05. Triumph Financial, Inc. has a 1-year low of $46.67 and a 1-year high of $82.22. The stock has a 50 day moving average of $74.96 and a two-hundred day moving average of $72.87.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Stephens reduced their price objective on Triumph Financial from $79.00 to $75.00 and set an "equal weight" rating for the company in a research report on Thursday, January 25th. Piper Sandler downgraded Triumph Financial from a "neutral" rating to an "underweight" rating and boosted their price objective for the stock from $64.00 to $67.00 in a research report on Monday, February 12th. DA Davidson reduced their price objective on Triumph Financial from $73.00 to $68.00 and set a "neutral" rating for the company in a research report on Friday, April 19th. Finally, Keefe, Bruyette & Woods boosted their price objective on Triumph Financial from $61.00 to $68.00 and gave the stock a "market perform" rating in a research report on Thursday, January 25th. One equities research analyst has rated the stock with a sell rating and four have given a hold rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of $65.40.

Institutional Investors Weigh In On Triumph Financial

A number of institutional investors have recently added to or reduced their stakes in the company. BNP Paribas Financial Markets increased its holdings in shares of Triumph Financial by 77.8% in the first quarter. BNP Paribas Financial Markets now owns 11,028 shares of the company's stock valued at $875,000 after buying an additional 4,825 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of Triumph Financial by 112.4% in the first quarter. Commonwealth Equity Services LLC now owns 7,779 shares of the company's stock valued at $617,000 after buying an additional 4,116 shares in the last quarter. Principal Financial Group Inc. increased its holdings in shares of Triumph Financial by 11.5% in the first quarter. Principal Financial Group Inc. now owns 125,946 shares of the company's stock valued at $9,990,000 after buying an additional 12,975 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of Triumph Financial by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 1,962,856 shares of the company's stock valued at $157,382,000 after buying an additional 29,858 shares in the last quarter. Finally, Wellington Management Group LLP increased its holdings in shares of Triumph Financial by 3.2% in the fourth quarter. Wellington Management Group LLP now owns 568,882 shares of the company's stock valued at $45,613,000 after buying an additional 17,380 shares in the last quarter. 91.11% of the stock is currently 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.