Savant Capital LLC Sells 2,379 Shares of Green Dot Co. (NYSE:GDOT)

Savant Capital LLC trimmed its holdings in Green Dot Co. (NYSE:GDOT) by 14.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,174 shares of the financial services provider’s stock after selling 2,379 shares during the quarter. Savant Capital LLC’s holdings in Green Dot were worth $151,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of GDOT. Louisiana State Employees Retirement System boosted its position in shares of Green Dot by 13.0% in the third quarter. Louisiana State Employees Retirement System now owns 26,000 shares of the financial services provider’s stock valued at $304,000 after acquiring an additional 3,000 shares during the period. State of Alaska Department of Revenue raised its stake in shares of Green Dot by 14.1% in the third quarter. State of Alaska Department of Revenue now owns 30,650 shares of the financial services provider’s stock valued at $358,000 after purchasing an additional 3,783 shares in the last quarter. Amalgamated Bank raised its stake in shares of Green Dot by 14.0% in the third quarter. Amalgamated Bank now owns 15,607 shares of the financial services provider’s stock valued at $183,000 after purchasing an additional 1,920 shares in the last quarter. Principal Financial Group Inc. raised its stake in shares of Green Dot by 11.8% in the third quarter. Principal Financial Group Inc. now owns 253,130 shares of the financial services provider’s stock valued at $2,964,000 after purchasing an additional 26,676 shares in the last quarter. Finally, Empowered Funds LLC raised its stake in shares of Green Dot by 5.4% in the third quarter. Empowered Funds LLC now owns 176,438 shares of the financial services provider’s stock valued at $2,066,000 after purchasing an additional 8,978 shares in the last quarter. 92.56% of the stock is owned by institutional investors.

Insider Activity at Green Dot

In other Green Dot news, insider Topline Capital Management, Ll sold 380,611 shares of the stock in a transaction on Monday, December 30th. The stock was sold at an average price of $10.44, for a total transaction of $3,973,578.84. Following the completion of the transaction, the insider now directly owns 5,708,126 shares in the company, valued at $59,592,835.44. This represents a 6.25 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, major shareholder Topline Capital Partners, Lp sold 331,339 shares of the stock in a transaction on Tuesday, December 31st. The stock was sold at an average price of $10.54, for a total value of $3,492,313.06. Following the transaction, the insider now owns 5,376,787 shares of the company’s stock, valued at $56,671,334.98. This represents a 5.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 959,180 shares of company stock worth $10,071,696. 1.10% of the stock is owned by corporate insiders.

Green Dot Stock Performance

Shares of NYSE GDOT opened at $9.35 on Thursday. The business has a fifty day simple moving average of $9.63 and a 200 day simple moving average of $10.56. The company has a current ratio of 0.52, a quick ratio of 0.52 and a debt-to-equity ratio of 0.05. The firm has a market capitalization of $502.67 million, a price-to-earnings ratio of -8.90 and a beta of 0.90. Green Dot Co. has a one year low of $7.70 and a one year high of $13.58.

Green Dot Profile

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.