15,485 Shares in Pathward Financial, Inc. $CASH Purchased by SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co

SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co purchased a new stake in shares of Pathward Financial, Inc. (NASDAQ:CASH) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 15,485 shares of the savings and loans company’s stock, valued at approximately $1,225,000. Pathward Financial accounts for 1.0% of SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co’s investment portfolio, making the stock its 16th largest holding. SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co owned about 0.06% of Pathward Financial at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Comerica Bank raised its holdings in shares of Pathward Financial by 89.8% during the first quarter. Comerica Bank now owns 26,696 shares of the savings and loans company’s stock valued at $1,948,000 after acquiring an additional 12,632 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. purchased a new position in Pathward Financial during the 1st quarter valued at $256,000. XTX Topco Ltd raised its holdings in Pathward Financial by 99.2% in the 1st quarter. XTX Topco Ltd now owns 24,846 shares of the savings and loans company’s stock worth $1,813,000 after purchasing an additional 12,376 shares in the last quarter. Sheets Smith Wealth Management purchased a new stake in shares of Pathward Financial in the 2nd quarter worth about $276,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of Pathward Financial during the 1st quarter valued at about $584,000. Hedge funds and other institutional investors own 92.66% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “buy (b)” rating on shares of Pathward Financial in a report on Wednesday, October 8th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Pathward Financial currently has a consensus rating of “Moderate Buy” and an average price target of $91.00.

Insiders Place Their Bets

In other news, insider Nadia Dombrowski sold 5,000 shares of the stock in a transaction on Friday, October 24th. The stock was sold at an average price of $71.46, for a total value of $357,300.00. Following the sale, the insider directly owned 6,528 shares of the company’s stock, valued at approximately $466,490.88. This represents a 43.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, President Anthony M. Sharett sold 11,500 shares of the firm’s stock in a transaction on Friday, October 24th. The shares were sold at an average price of $71.55, for a total value of $822,825.00. Following the transaction, the president owned 25,155 shares of the company’s stock, valued at $1,799,840.25. The trade was a 31.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 19,500 shares of company stock valued at $1,384,455. 1.23% of the stock is currently owned by corporate insiders.

Pathward Financial Trading Up 0.9%

NASDAQ:CASH opened at $67.45 on Thursday. The firm has a market capitalization of $1.54 billion, a P/E ratio of 8.54 and a beta of 0.79. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.79 and a quick ratio of 0.76. Pathward Financial, Inc. has a one year low of $64.45 and a one year high of $86.00. The company’s 50-day simple moving average is $72.06 and its 200 day simple moving average is $76.20.

Pathward Financial (NASDAQ:CASH) last announced its earnings results on Tuesday, October 21st. The savings and loans company reported $1.69 earnings per share for the quarter, beating analysts’ consensus estimates of $1.39 by $0.30. Pathward Financial had a net margin of 22.45% and a return on equity of 22.97%. The business had revenue of $186.71 million during the quarter, compared to the consensus estimate of $189.50 million. During the same quarter last year, the firm earned $1.35 earnings per share. The business’s revenue for the quarter was up 11.2% on a year-over-year basis. Pathward Financial has set its FY 2026 guidance at 8.250-8.750 EPS. As a group, analysts forecast that Pathward Financial, Inc. will post 7.26 EPS for the current fiscal year.

About Pathward Financial

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.