A Director at Triumph Bancorp (TBK) is Selling Shares

Today, a Director at Triumph Bancorp (NASDAQ: TBK), Carlos Sepulveda, sold shares of TBK for $3.42M.

Following Carlos Sepulveda’s last TBK Sell transaction on May 04, 2017, the stock climbed by 17.8%. In addition to Carlos Sepulveda, one other TBK executive reported Sell trades in the last month.

See today’s analyst top recommended stocks >>

Based on Triumph Bancorp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $58.22 million and quarterly net profit of $12.07 million. In comparison, last year the company earned revenue of $42.76 million and had a net profit of $10.47 million. TBK’s market cap is $822.6M and the company has a P/E ratio of 21.89. Currently, Triumph Bancorp has an average volume of 409.8K.

Based on 5 analyst ratings, the analyst consensus is Strong Buy with an average price target of $46.60, reflecting a -14.1% downside.

Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Triumph Bancorp, Inc. operates as a financial holding company which offers traditional banking and financial solutions. It operates through the following segments: Factoring, Banking, Asset Management, and Corporate. The Factoring segment includes the operations of Triumph Business Capital which offers factoring services.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts