Tara Allyce Campbell Sells 7,000 Shares of GBank Financial (NASDAQ:GBFH) Stock

GBank Financial Holdings Inc. (NASDAQ:GBFH) COO Tara Allyce Campbell sold 7,000 shares of the firm’s stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $31.41, for a total value of $219,870.00. Following the sale, the chief operating officer directly owned 8,399 shares in the company, valued at $263,812.59. The trade was a 45.46% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

GBank Financial Trading Down 3.7%

NASDAQ:GBFH traded down $1.17 on Friday, reaching $30.21. The company’s stock had a trading volume of 82,174 shares, compared to its average volume of 59,056. GBank Financial Holdings Inc. has a 1-year low of $27.30 and a 1-year high of $45.00. The business’s 50-day moving average price is $33.18 and its two-hundred day moving average price is $36.30. The firm has a market cap of $434.42 million, a PE ratio of 20.83 and a beta of -1.01. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.95 and a current ratio of 1.01.

GBank Financial (NASDAQ:GBFH) last released its quarterly earnings results on Wednesday, January 28th. The company reported $0.52 EPS for the quarter, topping analysts’ consensus estimates of $0.50 by $0.02. GBank Financial had a return on equity of 15.22% and a net margin of 19.09%.The company had revenue of $20.43 million for the quarter.

Hedge Funds Weigh In On GBank Financial

Hedge funds have recently made changes to their positions in the business. Deutsche Bank AG raised its holdings in shares of GBank Financial by 6.9% in the fourth quarter. Deutsche Bank AG now owns 6,504 shares of the company’s stock valued at $220,000 after purchasing an additional 417 shares during the last quarter. Invesco Ltd. grew its position in GBank Financial by 12.5% in the fourth quarter. Invesco Ltd. now owns 6,322 shares of the company’s stock valued at $214,000 after purchasing an additional 700 shares in the last quarter. State of Alaska Department of Revenue acquired a new stake in GBank Financial in the 4th quarter valued at $25,000. Russell Investments Group Ltd. bought a new stake in GBank Financial during the 3rd quarter worth about $30,000. Finally, BNP Paribas Financial Markets bought a new stake in GBank Financial during the 2nd quarter worth about $28,000.

Analyst Ratings Changes

Several research firms have recently weighed in on GBFH. JonesTrading reduced their price target on shares of GBank Financial from $55.00 to $50.00 and set a “buy” rating for the company in a report on Thursday, January 29th. Hovde Group cut their price objective on shares of GBank Financial from $44.00 to $42.00 and set an “outperform” rating on the stock in a research report on Thursday, January 29th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of GBank Financial in a research note on Thursday, January 22nd. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, GBank Financial currently has a consensus rating of “Moderate Buy” and an average price target of $46.00.

About GBank Financial

GBank Financial Holdings Inc operates as a bank holding company for GBank which provides banking services to commercial and consumer customers principally in Nevada. The company offers business and personal checking and savings accounts. GBank Financial Holdings Inc is based in Las Vegas, Nevada.