Green Dot (GDOT) to Release Quarterly Earnings on Thursday

Green Dot (NYSE:GDOT - Get Free Report) is projected to post its quarterly earnings results after the market closes on Thursday, February 27th. Analysts expect Green Dot to post earnings of $0.38 per share and revenue of $421.86 million for the quarter. Individual that are interested in participating in the company's earnings conference call can do so using this link.

Green Dot Trading Down 5.6 %

Shares of NYSE GDOT traded down $0.50 during trading hours on Friday, reaching $8.50. The stock had a trading volume of 431,575 shares, compared to its average volume of 448,237. The firm has a market cap of $457.00 million, a price-to-earnings ratio of -8.09 and a beta of 0.90. Green Dot has a 52-week low of $7.70 and a 52-week high of $13.58. The company has a current ratio of 0.52, a quick ratio of 0.52 and a debt-to-equity ratio of 0.05. The business's fifty day moving average price is $9.54 and its two-hundred day moving average price is $10.54.

Insider Buying and Selling

In related news, major shareholder Topline Capital Partners, Lp sold 331,339 shares of the business's stock in a transaction that occurred on Tuesday, December 31st. The shares were sold at an average price of $10.54, for a total value of $3,492,313.06. Following the completion of the transaction, the insider now owns 5,376,787 shares of the company's stock, valued at $56,671,334.98. The trade was a 5.80 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Topline Capital Management, Ll sold 380,611 shares of the company's stock in a transaction on Monday, December 30th. The stock was sold at an average price of $10.44, for a total value of $3,973,578.84. Following the transaction, the insider now directly owns 5,708,126 shares in the company, valued at approximately $59,592,835.44. The trade was a 6.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 959,180 shares of company stock valued at $10,071,696 over the last 90 days. Corporate insiders own 1.10% of the company's stock.

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.