Trade Report: Today, Insider Selling: Stifel Financial Corp. (SF) Vice Chairman Sold $753,000.00 in Stock

Today, Insider Selling: Stifel Financial Corp. (SF) Vice Chairman Sold $753,000.00 in Stock

Stifel Financial Corp. (NYSE:SF) Vice Chairman Ben A. Plotkin sold 15,000 shares of the company’s stock in a transaction on Tuesday, November 22nd. The stock was sold at an average price of $50.20, for a total value of $753,000.00. Following the sale, the insider now owns 123,309 shares of the company’s stock, valued at approximately $6,190,111.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Stifel Financial Corp. (NYSE:SF) opened at 50.52 on Monday. The company has a market cap of $3.35 billion, a P/E ratio of 60.87 and a beta of 1.56. The firm has a 50-day moving average price of $41.94 and a 200-day moving average price of $37.41. Stifel Financial Corp. has a 52 week low of $25.00 and a 52 week high of $50.92.

Stifel Financial Corp. (NYSE:SF) last released its quarterly earnings data on Wednesday, November 2nd. The financial services provider reported $0.69 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.07. Stifel Financial Corp. had a return on equity of 6.71% and a net margin of 2.64%. The business earned $641.99 million during the quarter, compared to analysts’ expectations of $629.13 million. During the same quarter last year, the business posted $0.38 EPS. The business’s revenue was up 8.5% on a year-over-year basis. Equities research analysts anticipate that Stifel Financial Corp. will post $2.53 EPS for the current fiscal year.

A number of large investors have recently added to or reduced their stakes in the company. D.A. Davidson & CO. boosted its stake in Stifel Financial Corp. by 0.9% in the third quarter. D.A. Davidson & CO. now owns 6,076 shares of the financial services provider’s stock valued at $232,000 after buying an additional 52 shares during the period. Hsbc Holdings PLC boosted its stake in Stifel Financial Corp. by 0.4% in the third quarter. Hsbc Holdings PLC now owns 12,544 shares of the financial services provider’s stock valued at $482,000 after buying an additional 56 shares during the period. Bbva Compass Bancshares Inc. boosted its stake in Stifel Financial Corp. by 0.5% in the third quarter. Bbva Compass Bancshares Inc. now owns 16,716 shares of the financial services provider’s stock valued at $643,000 after buying an additional 83 shares during the period. Fifth Third Bancorp boosted its stake in Stifel Financial Corp. by 0.4% in the second quarter. Fifth Third Bancorp now owns 25,482 shares of the financial services provider’s stock valued at $801,000 after buying an additional 99 shares during the period. Finally, Raymond James & Associates boosted its stake in Stifel Financial Corp. by 1.1% in the second quarter. Raymond James & Associates now owns 14,946 shares of the financial services provider’s stock valued at $470,000 after buying an additional 157 shares during the period. Institutional investors and hedge funds own 84.21% of the company’s stock.

Several equities research analysts recently issued reports on SF shares. Zacks Investment Research upgraded Stifel Financial Corp. from a “strong sell” rating to a “hold” rating in a report on Wednesday, September 7th. Macquarie upped their price target on Stifel Financial Corp. from $39.00 to $44.00 and gave the stock an “outperform” rating in a report on Friday, September 9th. Two equities research analysts have rated the stock with a sell rating, three have issued a buy rating and one has given a strong buy rating to the company. Stifel Financial Corp. currently has a consensus rating of “Buy” and a consensus price target of $40.00.

Stifel Financial Corp. Company Profile

Related posts

Leave a Comment