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TD Ameritrade Holding Corp. (NASDAQ:AMTD) major shareholder M. Ricketts 1994 Dynas Marlene unloaded 396,310 shares of the company’s stock on the open market in a transaction dated Monday, August 18th. The shares were sold at an average price of $32.24, for a total transaction of $12,777,034.40. Following the sale, the insider now directly owns 7,305,002 shares of the company’s stock, valued at approximately $235,513,264. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

A number of research firms have recently commented on AMTD. Analysts at Deutsche Bank initiated coverage on shares of TD Ameritrade Holding Corp. in a research note on Thursday, August 14th. 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 investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $33.82.

TD Ameritrade Holding Corp. (NASDAQ:AMTD) traded down 0.56% during mid-day trading on Tuesday, hitting $32.14. 2,176,991 shares of the company’s stock traded hands. TD Ameritrade Holding Corp. has a 52 week low of $25.19 and a 52 week high of $35.82. The stock’s 50-day moving average is $31.65 and its 200-day moving average is $31.82. The company has a market cap of $17.596 billion and a P/E ratio of 23.09.

TD Ameritrade Holding Corp. (NASDAQ:AMTD) last released its earnings data on Tuesday, July 22nd. The company reported $0.34 EPS for the quarter, missing the Thomson Reuters 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 prior year, the company posted $0.33 earnings per share. The company’s quarterly revenue was up 5.2% on a year-over-year basis. Analysts expect that TD Ameritrade Holding Corp. will post $1.39 EPS for the current fiscal year.

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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