Tiptree Financial (NASDAQ:TIPT) Share Price Crosses Below 200 Day Moving Average - Time to Sell?

Key Points

• Tiptree's share price crossed below its 200-day moving average (200-day MA $17.57), trading as low as $17.14 and last at $17.22 on volume of 960,547, signaling technical weakness.
• Analyst sentiment is mixed-to-cautious: Wall Street Zen downgraded TIPT to a sell, Weiss Ratings maintains a hold (c), and the MarketBeat consensus remains a Hold.
• Balance-sheet and ownership notes: the company has strong liquidity (quick/current ratio 6.45), low leverage (debt/equity 0.08), a modest 1.4% dividend (annualized $0.24), the CFO recently bought shares, insiders own ~31.9% and institutions ~37.8%.

Tiptree Financial Inc. (NASDAQ:TIPT - Get Free Report)'s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $17.57 and traded as low as $17.14. Tiptree Financial shares last traded at $17.22, with a volume of 960,547 shares.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on TIPT. Wall Street Zen downgraded shares of Tiptree Financial from a "hold" rating to a "sell" rating in a research note on Saturday, March 14th. Weiss Ratings reissued a "hold (c)" rating on shares of Tiptree Financial in a report on Friday, April 10th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, Tiptree Financial has a consensus rating of "Hold".

Tiptree Financial Trading Up 0.7%

The company has a quick ratio of 6.45, a current ratio of 6.45 and a debt-to-equity ratio of 0.08. The business's fifty day simple moving average is $16.77 and its two-hundred day simple moving average is $17.57. The company has a market cap of $652.29 million, a price-to-earnings ratio of 25.70 and a beta of 1.00.

Tiptree Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 23rd. Shareholders of record on Monday, March 16th were issued a dividend of $0.06 per share. The ex-dividend date of this dividend was Monday, March 16th. This represents a $0.24 dividend on an annualized basis and a yield of 1.4%. Tiptree Financial's dividend payout ratio (DPR) is presently 35.82%.

Insider Activity at Tiptree Financial

In other Tiptree Financial news, CFO Scott T. Mckinney bought 2,600 shares of the business's stock in a transaction dated Wednesday, March 11th. The shares were acquired at an average cost of $16.15 per share, with a total value of $41,990.00. Following the acquisition, the chief financial officer directly owned 2,768 shares of the company's stock, valued at $44,703.20. The trade was a 1,547.62% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. 31.91% of the stock is owned by insiders.

Hedge Funds Weigh In On Tiptree Financial

A number of institutional investors have recently modified their holdings of TIPT. State of Alaska Department of Revenue acquired a new position in shares of Tiptree Financial in the 3rd quarter valued at $35,000. CWM LLC increased its holdings in shares of Tiptree Financial by 171.8% in the 3rd quarter. CWM LLC now owns 4,200 shares of the financial services provider's stock valued at $81,000 after acquiring an additional 2,655 shares during the period. Strs Ohio acquired a new position in shares of Tiptree Financial in the 1st quarter valued at $99,000. Los Angeles Capital Management LLC acquired a new position in shares of Tiptree Financial in the 4th quarter valued at $140,000. Finally, AlphaQuest LLC increased its holdings in shares of Tiptree Financial by 422.2% in the 3rd quarter. AlphaQuest LLC now owns 7,676 shares of the financial services provider's stock valued at $147,000 after acquiring an additional 6,206 shares during the period. 37.78% of the stock is owned by institutional investors and hedge funds.

Tiptree Financial Company Profile

Tiptree Financial, Inc NASDAQ: TIPT is a specialty finance company that provides working capital solutions to small and medium-sized enterprises. Through its wholly owned subsidiary, Tiptree Finance LLC, the company focuses on asset-based lending, accounts receivable financing, and supply chain finance. Tiptree’s model is designed to help businesses manage cash flow, support growth initiatives, and optimize their balance sheets by unlocking liquidity tied up in receivables and inventory.

The company’s core services include invoice factoring and purchase order financing.

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