TD Ameritrade Holding Corp. Director Sells $3,480,148 in Stock (AMTD)
TD Ameritrade Holding Corp. (NASDAQ:AMTD) Director Joseph H. Moglia sold 106,753 shares of the stock on the open market in a transaction dated Friday, January 24th. The shares were sold at an average price of $32.60, for a total value of $3,480,147.80. Following the transaction, the director now directly owns 628,915 shares in the company, valued at approximately $20,502,629. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
A number of research firms have recently commented on AMTD. Analysts at UBS AG reiterated a “neutral” rating on shares of TD Ameritrade Holding Corp. in a research note to investors on Wednesday, January 22nd. They now have a $36.00 price target on the stock, up previously from $28.00. Separately, analysts at Nomura initiated coverage on shares of TD Ameritrade Holding Corp. in a research note to investors on Thursday, January 9th. They set a “neutral” rating and a $32.00 price target on the stock. Finally, 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. Twelve analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $28.32.
TD Ameritrade Holding Corp. (NASDAQ:AMTD) traded down 2.03% during mid-day trading on Monday, hitting $31.40. The stock had a trading volume of 2,663,121 shares. TD Ameritrade Holding Corp. has a one year low of $18.66 and a one year high of $35.16. The stock has a 50-day moving average of $30.77 and a 200-day moving average of $28.15. The company has a market cap of $17.285 billion and a price-to-earnings ratio of 26.27.
TD Ameritrade Holding Corp. (NASDAQ:AMTD) last posted its quarterly earnings results on Tuesday, January 21st. The company reported $0.35 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.33 by $0.02. The company had revenue of $752.00 million for the quarter, compared to the consensus estimate of $734.98 million. During the same quarter last year, the company posted $0.27 earnings per share. TD Ameritrade Holding Corp.’s revenue was up 15.5% compared to the same quarter last year. On average, analysts predict that TD Ameritrade Holding Corp. will post $1.34 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Wednesday, February 19th. Stockholders of record on Wednesday, February 5th will be paid a dividend of 0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 1.53%. The ex-dividend date is Monday, February 3rd.
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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