Douglas Hajek Sells 3,000 Shares of Pathward Financial (NASDAQ:CASH) Stock

Pathward Financial, Inc. (NASDAQ:CASH) Director Douglas Hajek sold 3,000 shares of the stock in a transaction that occurred on Friday, October 31st. The shares were sold at an average price of $68.11, for a total value of $204,330.00. Following the completion of the sale, the director directly owned 16,631 shares of the company’s stock, valued at $1,132,737.41. This represents a 15.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Pathward Financial Stock Down 0.7%

CASH opened at $67.02 on Wednesday. Pathward Financial, Inc. has a 1-year low of $64.45 and a 1-year high of $86.00. The company has a current ratio of 0.79, a quick ratio of 0.76 and a debt-to-equity ratio of 0.04. The stock has a market capitalization of $1.53 billion, a price-to-earnings ratio of 8.48 and a beta of 0.62. The business has a 50 day moving average of $74.27 and a 200-day moving average of $76.97.

Pathward Financial (NASDAQ:CASH) last posted its quarterly earnings data on Tuesday, October 21st. The savings and loans company reported $1.69 earnings per share for the quarter, beating the consensus estimate of $1.39 by $0.30. Pathward Financial had a return on equity of 22.97% and a net margin of 22.45%.The company had revenue of $186.70 million during the quarter, compared to analysts’ expectations of $189.50 million. During the same period in the prior year, the business earned $1.35 earnings per share. Pathward Financial’s revenue for the quarter was up 11.2% compared to the same quarter last year. Pathward Financial has set its FY 2026 guidance at 8.250-8.750 EPS. As a group, sell-side analysts anticipate that Pathward Financial, Inc. will post 7.26 earnings per share for the current year.

Pathward Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 1st. Stockholders of record on Wednesday, September 10th were given a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Wednesday, September 10th. Pathward Financial’s dividend payout ratio is currently 2.53%.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Osaic Holdings Inc. raised its stake in Pathward Financial by 2.3% during the second quarter. Osaic Holdings Inc. now owns 5,826 shares of the savings and loans company’s stock worth $461,000 after acquiring an additional 133 shares in the last quarter. USAdvisors Wealth Management LLC raised its stake in Pathward Financial by 37.0% during the first quarter. USAdvisors Wealth Management LLC now owns 607 shares of the savings and loans company’s stock worth $44,000 after acquiring an additional 164 shares in the last quarter. Nisa Investment Advisors LLC raised its stake in Pathward Financial by 8.4% during the second quarter. Nisa Investment Advisors LLC now owns 2,204 shares of the savings and loans company’s stock worth $174,000 after acquiring an additional 170 shares in the last quarter. HighTower Advisors LLC raised its stake in Pathward Financial by 3.7% during the first quarter. HighTower Advisors LLC now owns 4,906 shares of the savings and loans company’s stock worth $358,000 after acquiring an additional 175 shares in the last quarter. Finally, Campbell & CO Investment Adviser LLC raised its stake in Pathward Financial by 3.9% during the third quarter. Campbell & CO Investment Adviser LLC now owns 4,906 shares of the savings and loans company’s stock worth $363,000 after acquiring an additional 186 shares in the last quarter. 92.66% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Weiss Ratings restated a “buy (b)” rating on shares of Pathward Financial in a research note on Wednesday, October 8th. Keefe, Bruyette & Woods upped their target price on Pathward Financial from $86.00 to $88.00 and gave the company a “market perform” rating in a research note on Friday, July 11th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Pathward Financial currently has an average rating of “Moderate Buy” and a consensus target price of $91.00.

Pathward Financial Company Profile

Pathward Financial, Inc operates as the bank holding company for Pathward, National Association that provides various banking products and services in the United States. The company operates through three segments: Consumer, Commercial, and Corporate Services/Other. It offers demand deposit accounts, savings accounts, and money market savings accounts.