Pathward Financial (NASDAQ:CASH) Director Elizabeth Hoople Sells 4,500 Shares of Stock

Pathward Financial, Inc. (NASDAQ:CASH) Director Elizabeth Hoople sold 4,500 shares of the business’s stock in a transaction on Friday, May 29th. The shares were sold at an average price of $82.29, for a total transaction of $370,305.00. Following the completion of the sale, the director directly owned 28,050 shares of the company’s stock, valued at approximately $2,308,234.50. This trade represents a 13.82% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Pathward Financial Price Performance

Shares of NASDAQ:CASH opened at $80.91 on Tuesday. The company has a 50-day simple moving average of $88.39 and a 200-day simple moving average of $83.47. Pathward Financial, Inc. has a one year low of $65.87 and a one year high of $101.26. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.80 and a current ratio of 0.81. The stock has a market capitalization of $1.71 billion, a price-to-earnings ratio of 9.61 and a beta of 0.64.

Pathward Financial (NASDAQ:CASH) last announced its earnings results on Wednesday, April 22nd. The savings and loans company reported $3.35 EPS for the quarter, meeting analysts’ consensus estimates of $3.35. Pathward Financial had a net margin of 22.42% and a return on equity of 22.35%. The business had revenue of $276.30 million during the quarter, compared to analysts’ expectations of $272.04 million. During the same period in the prior year, the company earned $3.11 earnings per share. The business’s revenue was up 5.1% compared to the same quarter last year. Pathward Financial has set its FY 2026 guidance at 8.550-9.050 EPS. On average, analysts predict that Pathward Financial, Inc. will post 8.73 EPS for the current year.

Pathward Financial Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Thursday, June 11th will be issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Thursday, June 11th. Pathward Financial’s dividend payout ratio is presently 2.38%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in CASH. EverSource Wealth Advisors LLC grew its position in Pathward Financial by 43,200.0% during the second quarter. EverSource Wealth Advisors LLC now owns 433 shares of the savings and loans company’s stock worth $34,000 after buying an additional 432 shares during the period. Smartleaf Asset Management LLC grew its position in Pathward Financial by 23.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 630 shares of the savings and loans company’s stock worth $45,000 after buying an additional 118 shares during the period. State of Wyoming acquired a new position in Pathward Financial during the second quarter worth about $46,000. Rockefeller Capital Management L.P. grew its position in Pathward Financial by 225.6% during the fourth quarter. Rockefeller Capital Management L.P. now owns 853 shares of the savings and loans company’s stock worth $61,000 after buying an additional 591 shares during the period. Finally, New Age Alpha Advisors LLC acquired a new position in Pathward Financial during the fourth quarter worth about $77,000. 92.66% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. Keefe, Bruyette & Woods upped their target price on shares of Pathward Financial from $100.00 to $108.00 and gave the company an “outperform” rating in a report on Thursday, April 23rd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Pathward Financial in a report on Friday, May 8th. Finally, Piper Sandler began coverage on shares of Pathward Financial in a report on Thursday, March 12th. They issued an “overweight” rating and a $107.00 target price for the company. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $107.50.

Pathward Financial Company Profile

Pathward Financial (NASDAQ:CASH) is a U.S.-based financial services company that operates through its wholly owned subsidiary, Pathward Bank. The company provides a range of banking and payment solutions designed for consumers, small businesses, community banks and fintech partners. Core offerings include deposit accounts, consumer and commercial lending, debit and prepaid card programs, digital banking platforms and treasury management services.

Through its banking charter, Pathward Financial delivers customizable payment solutions, including prepaid cards, payroll cards and benefit disbursement programs.