Meta Financial Group Inc. (CASH) Director William David Tull Sells 7,400 Shares

Meta Financial Group Inc. (NASDAQ:CASH) Director William David Tull sold 7,400 shares of the firm’s stock in a transaction dated Monday, May 13th. The stock was sold at an average price of $26.43, for a total value of $195,582.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

William David Tull also recently made the following trade(s):

  • On Thursday, May 9th, William David Tull sold 22,200 shares of Meta Financial Group stock. The stock was sold at an average price of $25.82, for a total value of $573,204.00.
  • On Monday, May 6th, William David Tull sold 7,400 shares of Meta Financial Group stock. The stock was sold at an average price of $26.14, for a total value of $193,436.00.
  • On Tuesday, March 5th, William David Tull sold 24,000 shares of Meta Financial Group stock. The stock was sold at an average price of $21.60, for a total value of $518,400.00.
  • On Thursday, March 7th, William David Tull sold 77,878 shares of Meta Financial Group stock. The stock was sold at an average price of $21.21, for a total value of $1,651,792.38.

Shares of CASH opened at $27.00 on Wednesday. The company has a market cap of $1.03 billion, a P/E ratio of 9.61 and a beta of 1.40. Meta Financial Group Inc. has a 12-month low of $17.84 and a 12-month high of $38.87. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.70 and a current ratio of 0.71.

Meta Financial Group (NASDAQ:CASH) last released its quarterly earnings data on Thursday, April 25th. The savings and loans company reported $0.98 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.83 by $0.15. The business had revenue of $176.38 million for the quarter, compared to the consensus estimate of $173.63 million. Meta Financial Group had a return on equity of 10.46% and a net margin of 13.76%. On average, equities analysts expect that Meta Financial Group Inc. will post 2.5 EPS for the current year.

Several research analysts have issued reports on CASH shares. B. Riley raised Meta Financial Group from a “neutral” rating to a “buy” rating and raised their target price for the stock from $25.00 to $33.00 in a research report on Friday, April 26th. Zacks Investment Research raised Meta Financial Group from a “sell” rating to a “hold” rating in a research report on Friday, April 12th. Finally, BidaskClub raised Meta Financial Group from a “sell” rating to a “hold” rating in a research report on Thursday, January 31st. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $36.67.

A number of institutional investors and hedge funds have recently bought and sold shares of CASH. Bank of New York Mellon Corp lifted its holdings in shares of Meta Financial Group by 4.2% in the 3rd quarter. Bank of New York Mellon Corp now owns 112,593 shares of the savings and loans company’s stock worth $9,305,000 after buying an additional 4,521 shares during the period. Jane Street Group LLC acquired a new position in shares of Meta Financial Group in the third quarter valued at about $256,000. MetLife Investment Advisors LLC boosted its stake in shares of Meta Financial Group by 56.5% in the third quarter. MetLife Investment Advisors LLC now owns 6,601 shares of the savings and loans company’s stock worth $546,000 after buying an additional 2,383 shares during the last quarter. Neuberger Berman Group LLC purchased a new stake in shares of Meta Financial Group in the third quarter worth about $1,971,000. Finally, TIAA CREF Investment Management LLC boosted its stake in shares of Meta Financial Group by 9.3% in the third quarter. TIAA CREF Investment Management LLC now owns 36,848 shares of the savings and loans company’s stock worth $3,045,000 after buying an additional 3,135 shares during the last quarter. Institutional investors own 64.43% of the company’s stock.

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Meta Financial Group Company Profile

Meta Financial Group, Inc operates as the holding company for MetaBank that offers various banking products and services in the United States. The company accepts various deposit products, including statement savings accounts, money market savings accounts, negotiable order of withdrawal accounts, and checking accounts; and deposits related to prepaid cards, which primarily comprise checking accounts and certificate accounts.

Read More: Stock Ratings and Recommendations: Understanding Analyst Upgrades and Downgrades

Insider Buying and Selling by Quarter for Meta Financial Group (NASDAQ:CASH)

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