The CAO of Green Dot (GDOT) is Selling Shares


Today, the CAO of Green Dot (NYSE: GDOT), Jess Unruh, sold shares of GDOT for $939.9K.

Following Jess Unruh’s last GDOT Sell transaction on June 01, 2018, the stock climbed by 12.3%. In addition to Jess Unruh, 3 other GDOT executives reported Sell trades in the last month.

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Based on Green Dot’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $258 million and quarterly net profit of $29.83 million. In comparison, last year the company earned revenue of $223 million and had a net profit of $19.27 million. GDOT’s market cap is $4.46B and the company has a P/E ratio of 36.56. Currently, Green Dot has an average volume of 224.7K.

Based on 9 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $86.78, reflecting a 1.3% upside.

The insider sentiment on Green Dot has been negative according to 133 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Green Dot Corp. is a pro-consumer bank holding company and financial technology innovator, which engages in the provision of prepaid cards, debit cards, checking accounts, secured credit cards, payroll debit cards, consumer cash processing services, wage disbursements, and tax refund processing services.

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