Insider Sale: President Anthony Sharett Sells Shares of Pathward Financial Inc (CASH)

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On September 13, 2024, Anthony Sharett, President of Pathward Financial Inc (CASH, Financial), executed a sale of 3,100 shares of the company. The transaction was filed on the same day with the SEC. Following this transaction, the insider now owns 30,046 shares of Pathward Financial Inc.

Pathward Financial Inc, operating under the ticker symbol CASH, is a financial services company that provides a range of banking products and services. The company specializes in offering innovative financial solutions to meet the evolving needs of its customers.

Over the past year, the insider has sold a total of 4,100 shares and has not made any purchases. This recent sale is part of a broader trend observed within the company, where there have been 7 insider sells and no insider buys over the past year.

On the day of the sale, shares of Pathward Financial Inc were priced at $66.4. This valuation brings the company's market cap to approximately $1.701 billion. The price-earnings ratio of the stock stands at 10.26, slightly above the industry median of 10.17 but below the company’s historical median.

According to the GF Value, which is a measure of intrinsic value calculated by GuruFocus, Pathward Financial Inc has a GF Value of $71.88. With the current price of $66.4, the stock has a price-to-GF-Value ratio of 0.92, indicating that it is Fairly Valued.

The GF Value is determined based on historical trading multiples like the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and estimated future business outcomes.

This insider sale could be of interest to current and potential investors, providing insight into the actions of key executives within Pathward Financial Inc.

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.