Green Dot Co. (NYSE:GDOT) CEO Steven W. Streit sold 2,665 shares of the company’s stock in a transaction on Tuesday, November 28th. The stock was sold at an average price of $62.44, for a total value of $166,402.60. Following the transaction, the chief executive officer now directly owns 176,621 shares in the company, valued at $11,028,215.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Shares of Green Dot Co. (NYSE GDOT) traded down $0.16 on Thursday, reaching $61.80. The company’s stock had a trading volume of 575,706 shares, compared to its average volume of 355,303. The firm has a market cap of $3,192.51, a P/E ratio of 36.74 and a beta of 0.91. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.96 and a quick ratio of 0.96. Green Dot Co. has a 12 month low of $23.39 and a 12 month high of $65.88.

Green Dot (NYSE:GDOT) last announced its quarterly earnings results on Tuesday, November 7th. The financial services provider reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.14. Green Dot had a return on equity of 12.55% and a net margin of 8.61%. The company had revenue of $201.60 million for the quarter, compared to the consensus estimate of $191.33 million. During the same period last year, the firm earned $0.21 EPS. The firm’s revenue for the quarter was up 30.5% compared to the same quarter last year. analysts predict that Green Dot Co. will post 1.71 earnings per share for the current fiscal year.

GDOT has been the topic of a number of recent analyst reports. SunTrust Banks reaffirmed a “buy” rating on shares of Green Dot in a research report on Wednesday, September 20th. Citigroup upped their price target on Green Dot from $48.00 to $54.00 and gave the stock a “buy” rating in a research report on Monday, September 18th. BidaskClub downgraded Green Dot from a “strong-buy” rating to a “buy” rating in a research report on Thursday, September 14th. ValuEngine raised Green Dot from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Finally, Lake Street Capital raised Green Dot from a “hold” rating to a “buy” rating and upped their target price for the company from $41.00 to $44.00 in a research report on Wednesday, August 9th. Seven investment analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $53.36.

Several hedge funds have recently bought and sold shares of the company. BlackRock Inc. lifted its stake in Green Dot by 0.7% in the 2nd quarter. BlackRock Inc. now owns 5,348,171 shares of the financial services provider’s stock valued at $206,067,000 after buying an additional 38,814 shares in the last quarter. State Street Corp lifted its stake in Green Dot by 5.7% in the 2nd quarter. State Street Corp now owns 1,056,391 shares of the financial services provider’s stock valued at $40,704,000 after buying an additional 57,343 shares in the last quarter. Renaissance Technologies LLC lifted its stake in Green Dot by 57.4% in the 2nd quarter. Renaissance Technologies LLC now owns 821,842 shares of the financial services provider’s stock valued at $31,666,000 after buying an additional 299,842 shares in the last quarter. Russell Investments Group Ltd. lifted its stake in Green Dot by 91.0% in the 2nd quarter. Russell Investments Group Ltd. now owns 726,097 shares of the financial services provider’s stock valued at $27,975,000 after buying an additional 346,014 shares in the last quarter. Finally, Northern Trust Corp lifted its stake in Green Dot by 11.0% in the 2nd quarter. Northern Trust Corp now owns 602,435 shares of the financial services provider’s stock valued at $23,212,000 after buying an additional 59,905 shares in the last quarter. 79.31% of the stock is currently owned by institutional investors and hedge funds.

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Green Dot Company Profile

Green Dot Corporation (Green Dot) is a pro-consumer financial technology innovator. The Company is a provider of reloadable prepaid debit cards and cash reload processing services in the United States. The Company operates through two segments: Account Services, and Processing and Settlement Services.

Insider Buying and Selling by Quarter for Green Dot (NYSE:GDOT)

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