Triumph Financial, Inc. (NASDAQ:TFIN) Insider Todd Ritterbusch Sells 3,000 Shares

Triumph Financial, Inc. (NASDAQ:TFIN - Get Free Report) insider Todd Ritterbusch sold 3,000 shares of the company's stock in a transaction on Monday, May 13th. The stock was sold at an average price of $74.07, for a total value of $222,210.00. Following the transaction, the insider now directly owns 7,434 shares in the company, valued at approximately $550,636.38. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Todd Ritterbusch also recently made the following trade(s):

• On Friday, May 10th, Todd Ritterbusch sold 7,854 shares of Triumph Financial stock. The stock was sold at an average price of $73.84, for a total value of $579,939.36.

Triumph Financial Price Performance

Triumph Financial stock traded up $1.38 during trading hours on Tuesday, hitting $75.38. The stock had a trading volume of 188,553 shares, compared to its average volume of 165,237. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.00 and a quick ratio of 1.00. Triumph Financial, Inc. has a 1-year low of $48.20 and a 1-year high of $82.22. The stock's fifty day moving average is $74.69 and its two-hundred day moving average is $73.71. The stock has a market capitalization of $1.76 billion, a price-to-earnings ratio of 57.54 and a beta of 1.20.

Triumph Financial (NASDAQ:TFIN - Get Free Report) last posted its earnings results on Wednesday, April 17th. The company reported $0.14 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.32 by ($0.18). Triumph Financial had a return on equity of 4.22% and a net margin of 7.16%. The business had revenue of $101.03 million for the quarter, compared to analyst estimates of $106.01 million. As a group, analysts predict that Triumph Financial, Inc. will post 1.35 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Triumph Financial

A number of institutional investors have recently added to or reduced their stakes in the company. Bares Capital Management Inc. increased its position in shares of Triumph Financial by 192.3% in the 3rd quarter. Bares Capital Management Inc. now owns 231,388 shares of the company's stock worth $14,992,000 after purchasing an additional 152,222 shares during the last quarter. NFC Investments LLC bought a new stake in shares of Triumph Financial during the 4th quarter valued at about $11,091,000. New York State Common Retirement Fund grew its position in shares of Triumph Financial by 374.2% during the 3rd quarter. New York State Common Retirement Fund now owns 44,648 shares of the company's stock valued at $2,893,000 after buying an additional 35,232 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of Triumph Financial by 83.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 72,759 shares of the company's stock valued at $4,714,000 after buying an additional 33,135 shares during the last quarter. Finally, Vanguard Group Inc. grew its position in shares of Triumph Financial by 1.5% during the 4th 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 during the last quarter. Institutional investors and hedge funds own 91.11% of the company's stock.

Wall Street Analyst Weigh In

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

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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