TD Ameritrade Holding Corp. major shareholder M. Ricketts 1994 Dynas Marlene Unloads 484,800 Shares (AMTD)
TD Ameritrade Holding Corp. (NASDAQ:AMTD) major shareholder M. Ricketts 1994 Dynas Marlene sold 484,800 shares of TD Ameritrade Holding Corp. stock on the open market in a transaction dated Thursday, August 14th. The stock was sold at an average price of $32.34, for a total value of $15,678,432.00. Following the sale, the insider now directly owns 7,701,312 shares of the company’s stock, valued at approximately $249,060,430. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.
Shares of TD Ameritrade Holding Corp. (NASDAQ:AMTD) traded down 0.43% on Friday, hitting $32.12. The stock had a trading volume of 2,304,911 shares. TD Ameritrade Holding Corp. has a 1-year low of $25.19 and a 1-year high of $35.82. The stock’s 50-day moving average is $31.57 and its 200-day moving average is $31.80. The company has a market cap of $17.585 billion and a price-to-earnings ratio of 23.04.
TD Ameritrade Holding Corp. (NASDAQ:AMTD) last announced its earnings results on Tuesday, July 22nd. The company reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by $0.01. The company had revenue of $763.00 million for the quarter, compared to the consensus estimate of $767.65 million. During the same quarter in the previous year, the company posted $0.33 earnings per share. The company’s revenue for the quarter was up 5.2% on a year-over-year basis. On average, analysts predict that TD Ameritrade Holding Corp. will post $1.39 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, August 15th. Stockholders of record on Friday, August 1st will be paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 1.49%. The ex-dividend date of this dividend is Wednesday, July 30th.
A number of analysts have recently weighed in on AMTD shares. Analysts at Deutsche Bank initiated coverage on shares of TD Ameritrade Holding Corp. in a research note on Thursday. They set a “buy” rating and a $38.00 price target on the stock. Separately, analysts at Jefferies Group initiated coverage on shares of TD Ameritrade Holding Corp. in a research note on Monday, July 14th. They set a “hold” rating and a $34.00 price target on the stock. Finally, analysts at Credit Suisse cut their price target on shares of TD Ameritrade Holding Corp. from $35.00 to $33.00 in a research note on Wednesday, June 11th. They now have a “neutral” rating on the stock. Six analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. TD Ameritrade Holding Corp. currently has an average rating of “Hold” and a consensus target price of $33.82.
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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