What Did This CEO Just Do with Personal Shares of Triumph Bancorp (TBK)?
Today, the President & CEO of Triumph Bancorp (NASDAQ: TBK), Aaron Graft, sold shares of TBK for $5.33M.
Following Aaron Graft’s last TBK Sell transaction on November 14, 2014, the stock climbed by 26.8%. This is Graft’s first Sell trade following 3 Buy transactions.
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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.
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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.