Triumph Financial (NASDAQ:TFIN) Sets New 1-Year High at $82.22

Triumph Financial, Inc. (NASDAQ:TFIN) hit a new 52-week high on Friday . The company traded as high as $82.22 and last traded at $81.75, with a volume of 1043100 shares. The stock had previously closed at $78.18.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on TFIN shares. DA Davidson reduced their target price on shares of Triumph Financial from $73.00 to $68.00 and set a “neutral” rating for the company in a research note on Friday, April 19th. Keefe, Bruyette & Woods boosted their price target on shares of Triumph Financial from $68.00 to $75.00 and gave the stock a “market perform” rating in a research report on Tuesday, June 18th. 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 data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $66.80.

Triumph Financial Stock Up 4.6 %

The firm’s 50-day simple moving average is $74.29 and its 200 day simple moving average is $75.39. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.00 and a current ratio of 1.00. The stock has a market capitalization of $1.91 billion, a P/E ratio of 62.41 and a beta of 1.19.

Triumph Financial (NASDAQ:TFIN) last issued its quarterly earnings results on Wednesday, April 17th. The company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.32 by ($0.18). The business had revenue of $101.03 million for the quarter, compared to the consensus estimate of $106.01 million. Triumph Financial had a return on equity of 4.22% and a net margin of 7.16%. As a group, research analysts expect that Triumph Financial, Inc. will post 1.07 EPS for the current year.

Insider Activity

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

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of TFIN. NFC Investments LLC bought a new position in Triumph Financial in the 4th quarter valued at about $11,091,000. Envestnet Asset Management Inc. raised its holdings in Triumph Financial by 83.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 72,759 shares of the company’s stock valued at $4,714,000 after acquiring an additional 33,135 shares during the period. Vanguard Group Inc. raised its holdings in Triumph Financial by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 1,962,856 shares of the company’s stock valued at $157,382,000 after acquiring an additional 29,858 shares during the period. Mendon Capital Advisors Corp bought a new position in Triumph Financial in the 4th quarter valued at about $2,004,000. Finally, Bares Capital Management Inc. raised its holdings in Triumph Financial by 10.7% in the 4th quarter. Bares Capital Management Inc. now owns 256,235 shares of the company’s stock valued at $20,545,000 after acquiring an additional 24,847 shares during the period. 91.11% of the stock is owned by institutional investors.

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.