Today, the GC & Secretary of Green Dot (NYSE: GDOT), John Ricci, sold shares of GDOT for $345.1K.
Following John Ricci’s last GDOT Sell transaction on February 28, 2018, the stock climbed by 7.6%.
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Based on Green Dot’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $315 million and quarterly net profit of $70.03 million. In comparison, last year the company earned revenue of $253 million and had a net profit of $40.75 million. GDOT’s market cap is $3.77B and the company has a P/E ratio of 33.81. Currently, Green Dot has an average volume of 609.6K.
Four different firms, including Mizuho Securities and Morgan Stanley, currently also have a Sell rating on the stock. Based on 10 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $71.78, reflecting a 1.3% upside.
The insider sentiment on Green Dot has been negative according to 129 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
John Ricci’s trades have generated a -50.8% 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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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.
