Insider Selling: Joseph Moglia Sells 14,800 Shares of TD Ameritrade Holding Corp. Stock (AMTD)
TD Ameritrade Holding Corp. (NASDAQ:AMTD) Director Joseph Moglia sold 14,800 shares of the company’s stock in a transaction that occurred on Wednesday, January 8th. The stock was sold at an average price of $30.71, for a total transaction of $454,508.00. Following the transaction, the director now directly owns 785,952 shares in the company, valued at approximately $24,136,586. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
A number of analysts have recently weighed in on AMTD shares. Analysts at Citigroup Inc. downgraded shares of TD Ameritrade Holding Corp. from a “buy” rating to a “neutral” rating in a research note to investors on Tuesday. They now have a $34.00 price target on the stock, up previously from $31.00. Separately, analysts at Zacks reiterated a “neutral” rating on shares of TD Ameritrade Holding Corp. in a research note to investors on Thursday, December 19th. They now have a $31.50 price target on the stock. Finally, analysts at Evercore Partners raised their price target on shares of TD Ameritrade Holding Corp. from $22.00 to $30.00 in a research note to investors on Monday, December 16th. Twelve investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $27.09.
Shares of TD Ameritrade Holding Corp. (NASDAQ:AMTD) traded up 0.65% on Wednesday, hitting $30.83. The stock had a trading volume of 1,267,494 shares. TD Ameritrade Holding Corp. has a 52 week low of $17.79 and a 52 week high of $31.10. The stock’s 50-day moving average is $29.70 and its 200-day moving average is $27.. The company has a market cap of $16.972 billion and a P/E ratio of 25.11.
TD Ameritrade Holding Corp. (NASDAQ:AMTD) last posted its quarterly earnings results on Tuesday, October 29th. The company reported $0.36 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.34 by $0.02. The company had revenue of $709.00 million for the quarter, compared to the consensus estimate of $701.23 million. During the same quarter in the prior year, the company posted $0.26 earnings per share. The company’s quarterly revenue was up 9.6% on a year-over-year basis. On average, analysts predict that TD Ameritrade Holding Corp. will post $1.34 earnings per share for the current fiscal year.
TD Ameritrade Holding Corporation (NASDAQ:AMTD) is a provider of securities brokerage services and technology-based financial services to retail investors, traders and independent registered investment advisors (RIAs).
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