Green Dot (GDOT) Projected to Post Quarterly Earnings on Thursday

Green Dot (NYSE:GDOT) is expected to be posting its quarterly earnings results after the market closes on Thursday, February 27th. Analysts expect Green Dot to post earnings of $0.38 per share and revenue of $421.86 million for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Green Dot Trading Down 2.1 %

Shares of NYSE:GDOT opened at $9.35 on Thursday. Green Dot has a 12-month low of $7.70 and a 12-month high of $13.58. The stock has a market cap of $502.67 million, a PE ratio of -8.90 and a beta of 0.90. The business has a 50 day moving average of $9.63 and a 200-day moving average of $10.56. The company has a quick ratio of 0.52, a current ratio of 0.52 and a debt-to-equity ratio of 0.05.

Insider Transactions at Green Dot

In other news, insider Topline Capital Management, Ll sold 247,230 shares of Green Dot stock in a transaction that occurred on Friday, December 27th. The shares were sold at an average price of $10.54, for a total value of $2,605,804.20. Following the completion of the sale, the insider now directly owns 6,088,737 shares in the company, valued at approximately $64,175,287.98. The trade was a 3.90 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Topline Capital Partners, Lp sold 331,339 shares of Green Dot stock in a transaction that occurred on Tuesday, December 31st. The shares were sold at an average price of $10.54, for a total transaction of $3,492,313.06. Following the completion of the sale, the insider now owns 5,376,787 shares of the company’s stock, valued at approximately $56,671,334.98. The trade was a 5.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 959,180 shares of company stock worth $10,071,696 over the last quarter. Company insiders own 1.10% of the company’s stock.

About Green Dot

Green Dot Corporation, a financial technology and registered bank holding company, provides various financial services to consumers and businesses in the United States. It operates through three segments: Consumer Services, Business to Business Services, and Money Movement Services. The company provides deposit account programs, including consumer and small business checking account products, network-branded reloadable prepaid debit cards and gift cards, and secured credit programs.