Pathward Financial (NASDAQ:CASH) Shares Pass Above Two Hundred Day Moving Average – Here’s What Happened

Pathward Financial, Inc. (NASDAQ:CASH) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $84.86 and traded as high as $87.20. Pathward Financial shares last traded at $86.45, with a volume of 195,553 shares.

Analyst Ratings Changes

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

Pathward Financial Stock Performance

The company has a debt-to-equity ratio of 0.04, a current ratio of 0.81 and a quick ratio of 0.80. The stock has a 50-day moving average price of $85.27 and a 200-day moving average price of $84.86. The company has a market capitalization of $1.82 billion, a price-to-earnings ratio of 10.27 and a beta of 0.61.

Pathward Financial (NASDAQ:CASH) last posted its earnings results on Wednesday, April 22nd. The savings and loans company reported $3.35 earnings per share for the quarter, hitting analysts’ consensus estimates of $3.35. Pathward Financial had a return on equity of 22.35% and a net margin of 22.42%.The business had revenue of $276.30 million for the quarter, compared to analyst estimates of $272.04 million. During the same period in the previous year, the firm earned $3.11 EPS. The firm’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. As a group, analysts forecast that Pathward Financial, Inc. will post 8.73 earnings per share for the current year.

Pathward Financial Announces Dividend

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

Insider Buying and Selling at Pathward Financial

In other news, Director Elizabeth G. Hoople sold 4,500 shares of the firm’s stock in a transaction dated 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 owned 28,050 shares in the company, valued at approximately $2,308,234.50. This trade represents a 13.82% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Douglas J. Hajek sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, April 29th. The stock was sold at an average price of $86.37, for a total transaction of $431,850.00. Following the sale, the director owned 12,281 shares of the company’s stock, valued at approximately $1,060,709.97. This represents a 28.93% decrease in their position. The SEC filing for this sale provides additional information. 1.43% of the stock is owned by insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC lifted 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 acquiring an additional 432 shares during the last quarter. State of Wyoming bought a new stake in shares of Pathward Financial during the second quarter worth approximately $46,000. Smartleaf Asset Management LLC grew its position in shares of Pathward Financial by 23.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 630 shares of the savings and loans company’s stock valued at $45,000 after purchasing an additional 118 shares during the last quarter. Rockefeller Capital Management L.P. grew its position in shares of Pathward Financial by 225.6% in the fourth quarter. Rockefeller Capital Management L.P. now owns 853 shares of the savings and loans company’s stock valued at $61,000 after purchasing an additional 591 shares during the last quarter. Finally, New Age Alpha Advisors LLC bought a new position in shares of Pathward Financial during the fourth quarter worth approximately $77,000. 92.66% of the stock is owned by institutional investors.

About Pathward Financial

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.