In a report released today, Gary Tenner from D.A. Davidson maintained a Hold rating on Triumph Financial (TFIN – Research Report), with a price target of $73.00. The company’s shares closed last Friday at $73.20.
According to TipRanks, Tenner is a 5-star analyst with an average return of 16.3% and a 70.00% success rate. Tenner covers the Financial sector, focusing on stocks such as East West Bancorp, Heritage Commerce, and Pacwest Bancorp.
The word on The Street in general, suggests a Hold analyst consensus rating for Triumph Financial with a $70.00 average price target, representing a -4.37% downside. In a report released on January 25, B.Riley Financial also maintained a Hold rating on the stock with a $70.00 price target.
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The company has a one-year high of $81.64 and a one-year low of $46.67. Currently, Triumph Financial has an average volume of 141.5K.
Based on the recent corporate insider activity of 77 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TFIN in relation to earlier this year. Last month, Adam Nelson, the EVP & GC of TFIN sold 10,539.00 shares for a total of $743,315.67.
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Triumph Financial (TFIN) Company Description:
Triumph Bancorp, Inc. operates as a financial holding company which offers traditional banking and financial solutions. It operates through the following segments: Factoring, Banking and Corporate. The Factoring segment includes the operations of Triumph Business Capital which offers factoring services. The Banking segment relates to operations of TBK Bank, including loans originated under Triumph Commercial Finance, Triumph Healthcare Finance, and Triumph Premium Finance brands. The Corporate segment refers to the financing and investment activities, as well as the management and administrative expenses. The company was founded by Aaron P. Graft in November 2010 and is headquartered in Dallas, TX.
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