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E*TRADE Financial Corp. (NASDAQ:ETFC) EVP Karl A. Roessner sold 2,611 shares of the company’s stock on the open market in a transaction that occurred on Friday, February 7th. The stock was sold at an average price of $19.97, for a total transaction of $52,141.67. Following the completion of the sale, the executive vice president now directly owns 256,691 shares in the company, valued at approximately $5,126,119. The sale was disclosed in a document filed with the SEC, which is available at this link.

A number of analysts have recently weighed in on ETFC shares. 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 analysts have rated the stock with a sell rating, eight have given a hold rating and six have issued a buy rating to the company’s stock. E*TRADE Financial Corp. presently has an average rating of “Hold” and a consensus price target of $17.23.

Shares of E*TRADE Financial Corp. (NASDAQ:ETFC) traded up 1.78% on Monday, hitting $20.63. The stock had a trading volume of 5,403,021 shares. E*TRADE Financial Corp. has a 52-week low of $9.52 and a 52-week 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 price-to-earnings ratio of 69.90.

E*TRADE Financial Corp. (NASDAQ:ETFC) last announced its earnings results on Wednesday, January 22nd. The company reported $0.20 EPS for the quarter, beating the Thomson Reuters 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 in the prior year, the company posted ($0.65) earnings per share. The company’s quarterly revenue was down 4.4% on a year-over-year basis. 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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