Today, a Director at E*Trade Financial (ETFC), James P. Healy, bought shares of ETFC for $226.8K.
This recent transaction increases James P. Healy’s holding in the company by 11.18% to a total of $2.27 million. Following James P. Healy’s last ETFC Buy transaction on July 27, 2017, the stock climbed by 4.9%.
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Based on E*Trade Financial’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $762 million and quarterly net profit of $285 million. In comparison, last year the company earned revenue of $622 million and had a net profit of $147 million. ETFC’s market cap is $11.71B and the company has a P/E ratio of 13.81. Currently, E*Trade Financial has an average volume of 3.41M.
Starting in October 2018, ETFC received 21 Buy ratings in a row. Based on 11 analyst ratings, the analyst consensus is Strong Buy with an average price target of $60.56, reflecting a 36.8% upside. 10 different firms, including Morgan Stanley and Jefferies, currently also have a Buy rating on the stock.
The insider sentiment on E*Trade Financial has been positive according to 63 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
James P. Healy’s trades have generated a 20.6% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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E*TRADE Financial Corp. engages in the provision of investment and online stock brokerage services. It offers digital platforms and support to individual investors through phone, email, and online via two national financial centers as well as in personal though financial centers.
