BNP Paribas Financial Markets Has $1.73 Million Holdings in Green Dot Co. (NYSE:GDOT)

BNP Paribas Financial Markets decreased its holdings in Green Dot Co. (NYSE:GDOT) by 2.4% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 148,107 shares of the financial services provider’s stock after selling 3,692 shares during the quarter. BNP Paribas Financial Markets owned 0.28% of Green Dot worth $1,734,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. American Century Companies Inc. raised its position in shares of Green Dot by 79.0% in the second quarter. American Century Companies Inc. now owns 322,692 shares of the financial services provider’s stock valued at $3,049,000 after buying an additional 142,377 shares in the last quarter. Quest Partners LLC acquired a new position in Green Dot in the 2nd quarter valued at $685,000. Principal Financial Group Inc. lifted its position in shares of Green Dot by 11.8% during the 3rd quarter. Principal Financial Group Inc. now owns 253,130 shares of the financial services provider’s stock valued at $2,964,000 after acquiring an additional 26,676 shares during the period. Thompson Siegel & Walmsley LLC grew its holdings in shares of Green Dot by 24.9% during the 2nd quarter. Thompson Siegel & Walmsley LLC now owns 525,377 shares of the financial services provider’s stock worth $4,965,000 after purchasing an additional 104,829 shares in the last quarter. Finally, SG Americas Securities LLC increased its position in shares of Green Dot by 118.8% in the third quarter. SG Americas Securities LLC now owns 25,687 shares of the financial services provider’s stock worth $301,000 after purchasing an additional 13,948 shares during the period. Institutional investors own 92.56% of the company’s stock.

Analysts Set New Price Targets

GDOT has been the topic of a number of analyst reports. Barclays increased their price objective on shares of Green Dot from $7.00 to $10.00 and gave the stock an “underweight” rating in a research note on Monday, September 23rd. Craig Hallum increased their price target on shares of Green Dot from $10.00 to $11.00 and gave the stock a “hold” rating in a research report on Friday, October 4th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $10.75.

Insider Buying and Selling at Green Dot

In other news, insider Topline Capital Management, Ll acquired 36,671 shares of the stock in a transaction dated Monday, September 23rd. The stock was bought at an average price of $12.49 per share, with a total value of $458,020.79. Following the completion of the purchase, the insider now directly owns 5,995,422 shares of the company’s stock, valued at $74,882,820.78. This represents a 0.62 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Topline Capital Partners, Lp bought 135,123 shares of the business’s stock in a transaction that occurred on Friday, November 8th. The shares were acquired at an average price of $10.94 per share, for a total transaction of $1,478,245.62. Following the completion of the transaction, the insider now owns 6,292,788 shares in the company, valued at $68,843,100.72. This trade represents a 2.19 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have purchased 334,037 shares of company stock worth $3,862,091 over the last quarter. Corporate insiders own 1.10% of the company’s stock.

Green Dot Trading Up 3.3 %

GDOT opened at $10.52 on Friday. The company has a market cap of $565.87 million, a P/E ratio of -10.02 and a beta of 0.90. 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 company’s 50 day moving average is $11.10 and its 200-day moving average is $10.52. Green Dot Co. has a 1-year low of $7.70 and a 1-year high of $13.58.

About Green Dot

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.