Triumph Financial (NASDAQ:TFIN) Trading 3.2% Higher

Triumph Financial, Inc. (NASDAQ:TFIN - Get Free Report) traded up 3.2% during trading on Monday . The stock traded as high as $72.91 and last traded at $72.63. 19,810 shares changed hands during trading, a decline of 87% from the average session volume of 156,374 shares. The stock had previously closed at $70.37.

Analysts Set New Price Targets

Separately, DA Davidson reduced their price target on Triumph Financial from $73.00 to $68.00 and set a "neutral" rating on the stock in a report on Friday, April 19th. One research analyst has rated the stock with a sell rating and four have issued a hold rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $65.40.

Triumph Financial Price Performance

The company has a debt-to-equity ratio of 0.05, a current ratio of 1.00 and a quick ratio of 1.00. The company has a market capitalization of $1.80 billion, a PE ratio of 59.02 and a beta of 1.19. The stock's 50 day simple moving average is $73.74 and its 200-day simple moving average is $75.04.

Triumph Financial (NASDAQ:TFIN - Get Free Report) last issued its quarterly 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). The business had revenue of $101.03 million for the quarter, compared to analysts' expectations of $106.01 million. Triumph Financial had a return on equity of 4.22% and a net margin of 7.16%. As a group, equities analysts forecast that Triumph Financial, Inc. will post 1.18 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Triumph Financial news, Director Carlos M. Sepulveda sold 16,000 shares of the business's stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $71.12, for a total transaction of $1,137,920.00. Following the sale, the director now directly owns 351,484 shares in the company, 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. In other news, insider Todd Ritterbusch sold 3,000 shares of the business's stock in a transaction dated Monday, May 13th. The stock was sold at an average price of $74.07, for a total transaction of $222,210.00. Following the completion of the transaction, the insider now directly owns 7,434 shares of the company's stock, valued at $550,636.38. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Carlos M. Sepulveda sold 16,000 shares of the business's stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $71.12, for a total value of $1,137,920.00. Following the transaction, the director now directly owns 351,484 shares of the company's stock, valued at $24,997,542.08. The disclosure for this sale can be found here. Insiders have sold 26,854 shares of company stock worth $1,940,069 over the last three months. Company insiders own 6.15% of the company's stock.

Hedge Funds Weigh In On Triumph Financial

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TFIN. Swiss National Bank boosted its holdings in Triumph Financial by 1.0% in the third quarter. Swiss National Bank now owns 48,800 shares of the company's stock valued at $3,162,000 after purchasing an additional 500 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Triumph Financial by 3.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 174,809 shares of the company's stock valued at $11,326,000 after purchasing an additional 6,539 shares in the last quarter. Deutsche Bank AG boosted its holdings in Triumph Financial by 13.3% in the third quarter. Deutsche Bank AG now owns 11,219 shares of the company's stock valued at $727,000 after purchasing an additional 1,315 shares in the last quarter. Rhumbline Advisers boosted its holdings in Triumph Financial by 0.4% in the third quarter. Rhumbline Advisers now owns 68,558 shares of the company's stock valued at $4,442,000 after purchasing an additional 266 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its holdings in Triumph Financial by 83.6% in the third quarter. Envestnet Asset Management Inc. now owns 72,759 shares of the company's stock valued at $4,714,000 after purchasing an additional 33,135 shares in the last quarter. 91.11% of the stock is owned by institutional investors and hedge funds.

Triumph Financial Company Profile

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.