Green Dot Corporation (NYSE:GDOT) CEO Steven W. Streit sold 2,665 shares of Green Dot Corporation stock in a transaction that occurred on Tuesday, November 14th. The shares were sold at an average price of $62.28, for a total transaction of $165,976.20. Following the sale, the chief executive officer now owns 176,621 shares of the company’s stock, valued at $10,999,955.88. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.
Shares of Green Dot Corporation (NYSE:GDOT) traded up $0.12 on Friday, reaching $61.97. The company’s stock had a trading volume of 752,924 shares, compared to its average volume of 410,300. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.96 and a quick ratio of 0.96. The firm has a market cap of $3,150.00, a P/E ratio of 36.35 and a beta of 0.91. Green Dot Corporation has a 52 week low of $23.39 and a 52 week high of $65.88.
Green Dot Corporation (NYSE:GDOT) last issued its quarterly earnings results on Tuesday, November 7th. The financial services provider reported $0.34 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.20 by $0.14. The company had revenue of $201.60 million during the quarter, compared to the consensus estimate of $191.33 million. Green Dot Corporation had a return on equity of 12.55% and a net margin of 8.61%. Green Dot Corporation’s revenue was up 30.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.21 EPS. research analysts anticipate that Green Dot Corporation will post 1.71 earnings per share for the current year.
COPYRIGHT VIOLATION NOTICE: “Steven W. Streit Sells 2,665 Shares of Green Dot Corporation (GDOT) Stock” was originally published by Sports Perspectives and is the sole property of of Sports Perspectives. If you are viewing this story on another publication, it was illegally copied and republished in violation of US & international trademark & copyright law. The original version of this story can be read at https://sportsperspectives.com/2017/11/18/steven-w-streit-sells-2665-shares-of-green-dot-corporation-gdot-stock.html.
GDOT has been the subject of a number of research reports. SunTrust Banks, Inc. reiterated a “buy” rating on shares of Green Dot Corporation in a research report on Wednesday, September 20th. Citigroup Inc. lifted their price target on shares of Green Dot Corporation from $48.00 to $54.00 and gave the company a “buy” rating in a research report on Monday, September 18th. BidaskClub downgraded Green Dot Corporation from a “strong-buy” rating to a “buy” rating in a research report on Thursday, September 14th. ValuEngine upgraded Green Dot Corporation from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Finally, Lake Street Capital upgraded Green Dot Corporation from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $41.00 to $44.00 in a research report on Wednesday, August 9th. Six investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. Green Dot Corporation currently has an average rating of “Buy” and an average target price of $52.85.
About Green Dot Corporation
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.
Receive News & Ratings for Green Dot Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Green Dot Corporation and related companies with MarketBeat.com's FREE daily email newsletter.