Green Dot Co. (NYSE:GDOT) CEO Steven W. Streit sold 6,830 shares of the firm’s stock in a transaction on Thursday, January 4th. The shares were sold at an average price of $60.86, for a total value of $415,673.80. Following the sale, the chief executive officer now directly owns 176,621 shares of the company’s stock, valued at approximately $10,749,154.06. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Green Dot Co. (NYSE GDOT) traded up $1.87 on Friday, hitting $62.84. The stock had a trading volume of 517,452 shares, compared to its average volume of 316,075. Green Dot Co. has a 12 month low of $24.50 and a 12 month 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 capitalization of $3,190.00, a P/E ratio of 45.54 and a beta of 0.95.

Green Dot (NYSE:GDOT) last posted its earnings results on Tuesday, November 7th. The financial services provider reported $0.34 earnings per share for the quarter, topping the Zacks’ 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 during the quarter, compared to the consensus estimate of $191.33 million. During the same quarter last year, the firm earned $0.21 earnings per share. The company’s revenue was up 30.5% on a year-over-year basis. sell-side analysts expect that Green Dot Co. will post 1.71 EPS for the current year.

Several institutional investors and hedge funds have recently bought and sold shares of the company. BlackRock Inc. lifted its holdings in shares of Green Dot by 0.7% during the second quarter. BlackRock Inc. now owns 5,348,171 shares of the financial services provider’s stock worth $206,067,000 after buying an additional 38,814 shares in the last quarter. State Street Corp lifted its holdings in shares of 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. Renaissance Technologies LLC lifted its holdings in shares of Green Dot by 57.4% during the second quarter. Renaissance Technologies LLC now owns 821,842 shares of the financial services provider’s stock worth $31,666,000 after buying an additional 299,842 shares in the last quarter. Northern Trust Corp lifted its holdings in shares of 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. Finally, Rothschild Asset Management Inc. acquired a new stake in shares of Green Dot during the third quarter worth $29,051,000. 79.15% of the stock is owned by institutional investors.

Several brokerages have issued reports on GDOT. BidaskClub downgraded Green Dot from a “strong-buy” rating to a “buy” rating in a report on Thursday, September 14th. ValuEngine downgraded Green Dot from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. Citigroup raised their price target on Green Dot from $48.00 to $54.00 and gave the company a “buy” rating in a report on Monday, September 18th. Deutsche Bank raised their price target on Green Dot from $42.00 to $54.00 and gave the company a “hold” rating in a report on Wednesday, November 8th. Finally, Jefferies Group reaffirmed a “buy” rating and set a $53.00 price target on shares of Green Dot in a report on Thursday, October 12th. Seven equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $55.31.

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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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