Insider Selling: TD Ameritrade Holding Corp. Director Unloads 17,008 Shares of Stock (AMTD)
TD Ameritrade Holding Corp. (NASDAQ:AMTD) Director Joseph H. Moglia unloaded 17,008 shares of the stock in a transaction that occurred on Monday, January 13th. The stock was sold at an average price of $30.96, for a total transaction of $526,567.68. Following the transaction, the director now directly owns 768,944 shares of the company’s stock, valued at approximately $23,806,506. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
TD Ameritrade Holding Corp. (NASDAQ:AMTD) traded down 1.23% on Monday, hitting $30.57. 2,185,468 shares of the company’s stock traded hands. TD Ameritrade Holding Corp. has a one year low of $17.79 and a one year high of $31.15. The stock’s 50-day moving average is $29.82 and its 200-day moving average is $27.68. The company has a market cap of $16.828 billion and a price-to-earnings ratio of 25.37.
TD Ameritrade Holding Corp. (NASDAQ:AMTD) last announced its 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. Analysts expect that TD Ameritrade Holding Corp. will post $1.34 EPS for the current fiscal year.
A number of analysts have recently weighed in on AMTD shares. Analysts at Nomura initiated coverage on shares of TD Ameritrade Holding Corp. in a research note to investors on Thursday. They set a “neutral” rating and a $32.00 price target on the stock. Separately, 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, January 7th. They now have a $34.00 price target on the stock, up previously from $31.00. Finally, 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. Twelve research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $27.85.
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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