Insider Sale: Director Douglas Hajek Sells Shares of Pathward Financial Inc (CASH)

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On September 12, 2024, Douglas Hajek, Director at Pathward Financial Inc (CASH, Financial), sold 2,000 shares of the company. The transaction was executed at a price of $64.91 per share, as detailed in the SEC Filing. Following this transaction, the insider now owns 19,531 shares of Pathward Financial Inc.

Pathward Financial Inc, operating in the financial sector, provides a range of banking services and solutions. The company focuses on delivering innovative financial services tailored to the needs of its customers.

Over the past year, the insider transaction history at Pathward Financial Inc shows a total of 7 insider sells and no insider buys. This recent sale by Douglas Hajek aligns with the ongoing trend of insider selling at the company.

On the valuation front, Pathward Financial Inc's shares were trading at $64.91 on the day of the sale, giving the company a market cap of approximately $1.70 billion. The price-earnings ratio of the stock stands at 10.26, slightly above the industry median but below the company's historical median.

According to the GF Value, which is an intrinsic value estimate used to determine fair valuation, Pathward Financial Inc is considered Fairly Valued with a price-to-GF-Value ratio of 0.9. The GF Value is calculated based on historical trading multiples, an adjustment factor from GuruFocus, and future business performance estimates from analysts.

This insider sale might interest investors tracking insider behaviors as an indicator of company performance and valuation alignment.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.