Insider Selling: Stephen Chad Estep Unloads 1,380 Shares of Stifel Financial Corp. Stock (SF)
Stifel Financial Corp. (NYSE:SF) SVP Stephen Chad Estep sold 1,380 shares of the company’s stock on the open market in a transaction that occurred on Tuesday, June 17th. The shares were sold at an average price of $47.00, for a total value of $64,860.00. Following the transaction, the senior vice president now directly owns 909 shares in the company, valued at approximately $42,723. The sale was disclosed in a document filed with the SEC, which is available at this link.
Several analysts have recently commented on the stock. Analysts at Susquehanna raised their price target on shares of Stifel Financial Corp. from $40.00 to $41.00 in a research note on Friday, May 9th. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company has an average rating of “Hold” and an average target price of $44.60.
Shares of Stifel Financial Corp. (NYSE:SF) traded up 0.91% on Wednesday, hitting $47.66. 222,363 shares of the company’s stock traded hands. Stifel Financial Corp. has a 52 week low of $33.77 and a 52 week high of $51.59. The stock’s 50-day moving average is $46.11 and its 200-day moving average is $46.8. The company has a market cap of $3.120 billion and a P/E ratio of 18.28.
Stifel Financial Corp. (NYSE:SF) last released its earnings data on Thursday, May 8th. The company reported $0.69 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.68 by $0.01. The company had revenue of $546.70 million for the quarter, compared to the consensus estimate of $552.75 million. During the same quarter in the prior year, the company posted $0.58 earnings per share. The company’s quarterly revenue was up 24.6% on a year-over-year basis. On average, analysts predict that Stifel Financial Corp. will post $2.82 earnings per share for the current fiscal year.
Stifel Financial Corp. is a financial holding company. The Company’s subsidiary is Stifel, Nicolaus & Company, Incorporated (NYSE:SF), a full-service retail and institutional brokerage and investment banking firm.
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