Green Dot (NYSE:GDOT) Director Saturnino Sixto Fanlo Sells 13,451 Shares

Green Dot Corporation (NYSE:GDOT) Director Saturnino Sixto Fanlo sold 13,451 shares of the company’s stock in a transaction that occurred on Friday, November 28th. The shares were sold at an average price of $12.61, for a total value of $169,617.11. Following the sale, the director directly owned 92,737 shares in the company, valued at approximately $1,169,413.57. This represents a 12.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Green Dot Stock Performance

Green Dot stock opened at $12.57 on Friday. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.54 and a quick ratio of 0.54. Green Dot Corporation has a 12 month low of $6.12 and a 12 month high of $15.41. The company has a fifty day moving average price of $12.42 and a two-hundred day moving average price of $11.66. The company has a market cap of $696.65 million, a PE ratio of -14.79 and a beta of 0.80.

Green Dot (NYSE:GDOT) last issued its earnings results on Monday, November 10th. The financial services provider reported $0.06 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.11) by $0.17. Green Dot had a negative net margin of 2.33% and a positive return on equity of 9.81%. The company had revenue of $491.85 million for the quarter, compared to analysts’ expectations of $483.84 million. During the same period in the prior year, the company earned $0.13 earnings per share. The firm’s revenue was up 20.8% compared to the same quarter last year. Green Dot has set its FY 2025 guidance at 1.310-1.440 EPS. Research analysts expect that Green Dot Corporation will post 0.87 earnings per share for the current year.

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. William Blair reaffirmed a “market perform” rating on shares of Green Dot in a report on Tuesday, November 11th. Zacks Research downgraded Green Dot from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 16th. Northland Securities set a $14.25 target price on Green Dot and gave the stock a “market perform” rating in a research report on Tuesday. Weiss Ratings reissued a “sell (d-)” rating on shares of Green Dot in a report on Wednesday, October 8th. Finally, Wall Street Zen lowered shares of Green Dot from a “buy” rating to a “hold” rating in a research report on Saturday, November 15th. One investment analyst has rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce” and a consensus price target of $12.56.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. GSA Capital Partners LLP acquired a new position in shares of Green Dot during the first quarter valued at $1,089,000. XTX Topco Ltd increased its stake in Green Dot by 436.8% during the 1st quarter. XTX Topco Ltd now owns 230,175 shares of the financial services provider’s stock valued at $1,943,000 after buying an additional 187,293 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in Green Dot by 11.2% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 18,356 shares of the financial services provider’s stock valued at $155,000 after buying an additional 1,843 shares during the period. Nuveen LLC bought a new stake in shares of Green Dot during the 1st quarter worth about $5,901,000. Finally, Fox Run Management L.L.C. acquired a new stake in shares of Green Dot in the 1st quarter worth approximately $177,000. Institutional investors and hedge funds own 92.56% of the company’s stock.

Green Dot Company Profile

Green Dot Corporation, a financial technology and registered bank holding company, provides various financial services to consumers and businesses in the United States. It operates through three segments: Consumer Services, Business to Business Services, and Money Movement Services. The company provides deposit account programs, including consumer and small business checking account products, network-branded reloadable prepaid debit cards and gift cards, and secured credit programs.