Green Dot Co. (NYSE:GDOT) CEO Steven W. Streit sold 6,830 shares of the firm’s stock in a transaction dated Tuesday, December 5th. The stock was sold at an average price of $59.58, for a total value of $406,931.40. Following the completion of the sale, the chief executive officer now directly owns 176,621 shares of the company’s stock, valued at approximately $10,523,079.18. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Green Dot Co. (NYSE:GDOT) traded down $0.10 during trading on Thursday, reaching $60.33. The company’s stock had a trading volume of 261,696 shares, compared to its average volume of 355,020. Green Dot Co. has a 52 week low of $23.39 and a 52 week high of $65.88. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.09. The firm has a market cap of $3,026.84, a PE ratio of 34.83 and a beta of 0.96.

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

A number of equities research analysts recently commented on GDOT shares. Craig Hallum started coverage on Green Dot in a report on Thursday, October 5th. They set a “buy” rating and a $70.00 target price for the company. SunTrust Banks reiterated a “buy” rating on shares of Green Dot in a research report on Wednesday, September 20th. Citigroup boosted 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 lowered Green Dot from a “strong-buy” rating to a “buy” rating in a research note on Thursday, September 14th. Finally, ValuEngine raised Green Dot from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Seven research analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. Green Dot currently has a consensus rating of “Buy” and an average target price of $53.36.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. increased 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 purchasing an additional 38,814 shares in the last quarter. Boston Advisors LLC purchased a new position in Green Dot during the third quarter worth $5,157,000. State Street Corp increased its position in Green Dot by 5.7% during the second quarter. State Street Corp now owns 1,056,391 shares of the financial services provider’s stock worth $40,704,000 after buying an additional 57,343 shares in the last quarter. GSA Capital Partners LLP purchased a new position in Green Dot during the second quarter worth $1,319,000. Finally, Northern Trust Corp increased its position in Green Dot by 11.0% during the second quarter. Northern Trust Corp now owns 602,435 shares of the financial services provider’s stock worth $23,212,000 after buying an additional 59,905 shares in the last quarter. 79.26% of the stock is owned by hedge funds and other institutional investors.

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About Green Dot

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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