Green Dot (GDOT) Expected to Announce Earnings on Thursday

Green Dot (NYSE:GDOT) is expected to release its earnings data 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. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Green Dot Trading Up 1.4 %

GDOT opened at $8.46 on Wednesday. Green Dot has a 52 week low of $7.70 and a 52 week high of $13.58. The stock’s fifty day moving average is $9.43 and its two-hundred day moving average is $10.56. The company has a market capitalization of $454.79 million, a P/E ratio of -8.05 and a beta of 0.90. 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 Buying and Selling

In other news, insider Topline Capital Management, Ll sold 380,611 shares of the company’s stock in a transaction dated Monday, December 30th. The stock was sold at an average price of $10.44, for a total value of $3,973,578.84. Following the sale, the insider now 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Topline Capital Partners, Lp sold 331,339 shares of the company’s stock in a transaction dated 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 completion of the transaction, the insider now directly owns 5,376,787 shares of the company’s stock, valued at $56,671,334.98. The trade was a 5.80 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 959,180 shares of company stock worth $10,071,696 in the last ninety days. 1.10% of the stock is owned by insiders.

Green Dot Company 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.