GreenSky Inc (NASDAQ:GSKY) saw unusually large options trading activity on Monday. Stock traders purchased 1,864 put options on the stock. This is an increase of approximately 1,368% compared to the average daily volume of 127 put options.

Several equities research analysts have recently issued reports on GSKY shares. Zacks Investment Research lowered shares of GreenSky from a “hold” rating to a “sell” rating in a research report on Wednesday, January 2nd. SunTrust Banks increased their price objective on shares of GreenSky to $14.00 and gave the stock a “buy” rating in a research report on Wednesday, March 6th. Finally, Citigroup increased their price objective on shares of GreenSky from $14.00 to $16.50 and gave the stock a “buy” rating in a research report on Wednesday, April 17th. One analyst has rated the stock with a sell rating, five have issued a hold rating and eight have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $20.12.

GSKY opened at $15.41 on Tuesday. The firm has a market cap of $2.84 billion and a P/E ratio of 220.14. GreenSky has a twelve month low of $8.30 and a twelve month high of $27.01.

GreenSky (NASDAQ:GSKY) last released its quarterly earnings results on Tuesday, March 5th. The company reported $0.11 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.11. The business had revenue of $109.70 million during the quarter, compared to analyst estimates of $103.02 million. GreenSky had a net margin of 8.99% and a negative return on equity of 45.61%. GreenSky’s revenue was up 22.2% on a year-over-year basis. Equities analysts anticipate that GreenSky will post 0.71 earnings per share for the current year.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Advisor Group Inc. boosted its stake in GreenSky by 140.1% during the 4th quarter. Advisor Group Inc. now owns 3,446 shares of the company’s stock valued at $34,000 after acquiring an additional 2,011 shares during the last quarter. Royce & Associates LP bought a new position in GreenSky during the 4th quarter valued at $55,000. JOYN Advisors Inc. boosted its stake in GreenSky by 76.5% during the 4th quarter. JOYN Advisors Inc. now owns 7,500 shares of the company’s stock valued at $72,000 after acquiring an additional 3,250 shares during the last quarter. Barclays PLC boosted its stake in GreenSky by 445.0% during the 4th quarter. Barclays PLC now owns 10,900 shares of the company’s stock valued at $105,000 after acquiring an additional 8,900 shares during the last quarter. Finally, Wilbanks Smith & Thomas Asset Management LLC bought a new position in GreenSky during the 4th quarter valued at $120,000. Hedge funds and other institutional investors own 33.15% of the company’s stock.

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About GreenSky

GreenSky, Inc, a technology company, provides point-of-sale financing and payment solutions to merchants, consumers, and banks. It offers a proprietary technology infrastructure that support the full transaction lifecycle, including credit application, underwriting, real-time allocation to bank partners, document distribution, funding, settlement, and servicing functions.

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