Bares Capital Management Inc. Sells 251,476 Shares of Triumph Financial, Inc. (NASDAQ:TFIN)

Bares Capital Management Inc. lowered its holdings in shares of Triumph Financial, Inc. (NASDAQ:TFIN - Free Report) by 98.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,759 shares of the company's stock after selling 251,476 shares during the period. Triumph Financial makes up about 0.0% of Bares Capital Management Inc.'s holdings, making the stock its 19th biggest position. Bares Capital Management Inc.'s holdings in Triumph Financial were worth $379,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Blue Trust Inc. boosted its holdings in Triumph Financial by 122.7% in the third quarter. Blue Trust Inc. now owns 470 shares of the company's stock worth $38,000 after acquiring an additional 259 shares in the last quarter. Quantbot Technologies LP bought a new position in Triumph Financial in the third quarter worth approximately $49,000. KBC Group NV boosted its holdings in Triumph Financial by 46.4% in the third quarter. KBC Group NV now owns 798 shares of the company's stock worth $63,000 after acquiring an additional 253 shares in the last quarter. nVerses Capital LLC boosted its holdings in Triumph Financial by 200.0% in the second quarter. nVerses Capital LLC now owns 900 shares of the company's stock worth $74,000 after acquiring an additional 600 shares in the last quarter. Finally, Profund Advisors LLC bought a new position in Triumph Financial in the second quarter worth approximately $209,000. Institutional investors and hedge funds own 91.11% of the company's stock.

Insider Activity

In other news, CEO Aaron P. Graft sold 13,500 shares of the business's stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $106.36, for a total value of $1,435,860.00. Following the completion of the sale, the chief executive officer now owns 151,533 shares of the company's stock, valued at approximately $16,117,049.88. The trade was a 8.18 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 6.15% of the stock is owned by company insiders.

Triumph Financial Stock Performance

Triumph Financial stock traded down $0.67 during mid-day trading on Tuesday, reaching $101.14. 122,306 shares of the company's stock were exchanged, compared to its average volume of 153,622. The business's fifty day simple moving average is $92.76 and its 200 day simple moving average is $85.22. The firm has a market capitalization of $2.37 billion, a PE ratio of 129.67 and a beta of 1.21. Triumph Financial, Inc. has a one year low of $66.85 and a one year high of $110.58. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.05.

Triumph Financial (NASDAQ:TFIN - Get Free Report) last issued its quarterly earnings results on Wednesday, October 16th. The company reported $0.19 EPS for the quarter, topping analysts' consensus estimates of $0.17 by $0.02. Triumph Financial had a return on equity of 2.64% and a net margin of 4.47%. The business had revenue of $125.57 million for the quarter, compared to analyst estimates of $106.29 million. During the same period last year, the company posted $0.51 earnings per share. On average, sell-side analysts expect that Triumph Financial, Inc. will post 0.62 earnings per share for the current year.

Analysts Set New Price Targets

TFIN has been the topic of a number of recent research reports. DA Davidson raised their target price on Triumph Financial from $74.00 to $84.00 and gave the company a "neutral" rating in a report on Friday, October 18th. B. Riley restated a "neutral" rating and issued a $65.00 target price on shares of Triumph Financial in a report on Wednesday, October 2nd. Two investment analysts have rated the stock with a sell rating and three have given a hold rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $71.60.

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.