Green Dot Corp. Director Kenneth Aldrich Sells 39,955 Shares (GDOT)
Green Dot Corp. (NASDAQ:GDOT) Director Kenneth Aldrich unloaded 39,955 shares of Green Dot Corp. stock on the open market in a transaction dated Monday, January 6th. The stock was sold at an average price of $25.03, for a total transaction of $1,000,073.65. Following the sale, the director now directly owns 3,866 shares in the company, valued at approximately $96,766. The sale was disclosed in a document filed with the SEC, which is available at this link.
A number of research firms have recently commented on GDOT. Analysts at Jefferies Group upgraded shares of Green Dot Corp. from a “hold” rating to a “buy” rating in a research note to investors on Monday, November 25th. They now have a $29.00 price target on the stock, up previously from $26.00. Separately, analysts at Portales Partners downgraded shares of Green Dot Corp. from a “sector perform” rating to an “underperform” rating in a research note to investors on Thursday, November 21st. Finally, analysts at Susquehanna raised their price target on shares of Green Dot Corp. from $20.00 to $22.00 in a research note to investors on Wednesday, November 20th. They now have a “neutral” rating on the stock. Three research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and five have given a buy rating to the company. Green Dot Corp. has an average rating of “Hold” and a consensus target price of $22.22.
Green Dot Corp. (NASDAQ:GDOT) traded down 0.04% on Tuesday, hitting $24.90. 224,179 shares of the company’s stock traded hands. Green Dot Corp. has a 52 week low of $12.65 and a 52 week high of $26.61. The stock has a 50-day moving average of $23.84 and a 200-day moving average of $23.04. The company has a market cap of $930.1 million and a price-to-earnings ratio of 25.52.
Green Dot Corp. (NASDAQ:GDOT) last posted its quarterly earnings results on Thursday, October 31st. The company reported $0.24 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.21 by $0.03. The company had revenue of $139.10 million for the quarter, compared to the consensus estimate of $137.05 million. During the same quarter last year, the company posted $0.29 earnings per share. Green Dot Corp.’s revenue was up 3.6% compared to the same quarter last year. Analysts expect that Green Dot Corp. will post $1.20 EPS for the current fiscal year.
Green Dot Corporation (NASDAQ:GDOT) is a bank holding company.
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