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E*TRADE Financial Corp. (NASDAQ:ETFC) CFO Matthew J. Audette sold 3,092 shares of the company’s stock in a transaction dated Friday, February 7th. The stock was sold at an average price of $19.98, for a total transaction of $61,778.16. Following the transaction, the chief financial officer now directly owns 226,744 shares of the company’s stock, valued at approximately $4,530,345. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Several analysts have recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of E*TRADE Financial Corp. in a research note to investors on Monday. They now have a $21.50 price target on the stock. Separately, analysts at JMP Securities upgraded shares of E*TRADE Financial Corp. from a “market perform” rating to an “outperform” rating in a research note to investors on Monday, January 27th. They now have a $26.00 price target on the stock. Finally, analysts at Compass Point upgraded shares of E*TRADE Financial Corp. from a “neutral” rating to a “buy” rating in a research note to investors on Friday, January 24th. They now have a $25.00 price target on the stock, up previously from $16.00. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have given a buy rating to the company. E*TRADE Financial Corp. presently has an average rating of “Hold” and an average target price of $17.23.

Shares of E*TRADE Financial Corp. (NASDAQ:ETFC) traded up 1.78% during mid-day trading on Monday, hitting $20.63. The stock had a trading volume of 5,403,021 shares. E*TRADE Financial Corp. has a one year low of $9.52 and a one year high of $21.60. The stock’s 50-day moving average is $20.28 and its 200-day moving average is $17.5. The company has a market cap of $5.927 billion and a P/E ratio of 69.90.

E*TRADE Financial Corp. (NASDAQ:ETFC) last released its earnings data on Wednesday, January 22nd. The company reported $0.20 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.19 by $0.01. The company had revenue of $447.10 million for the quarter, compared to the consensus estimate of $425.81 million. During the same quarter last year, the company posted ($0.65) earnings per share. E*TRADE Financial Corp.’s revenue was down 4.4% compared to the same quarter last year. Analysts expect that E*TRADE Financial Corp. will post $0.90 EPS for the current fiscal year.

E*TRADE Financial Corporation (NASDAQ:ETFC) is a financial services company, which provides online brokerage and related products and services primarily to individual retail investors under the brand E*TRADE Financial.

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