In a filing, Triumph Financial Inc revealed its President & CEO Graft Aaron P unloaded Company’s shares for reported $1.44 million on Nov 29 ’24. In the deal valued at $106.36 per share,13,500 shares were sold. As a result of this transaction, Graft Aaron P now holds 151,533 shares worth roughly $13.75 million.
Then, Aaron P. Graft bought 27,000 shares, generating $2,935,440 in total proceeds.
Before that, Schreyer Edward Joseph sold 6,129 shares. Triumph Financial Inc shares valued at $545,113 were divested by the EVP, Chief Operating Officer at a price of $88.94 per share. As a result of the transaction, Schreyer Edward Joseph now holds 33,569 shares, worth roughly $3.05 million.
Keefe Bruyette downgraded its Triumph Financial Inc [TFIN] rating to an Underperform from a a Mkt perform in a research note published on July 19, 2024; the price target was decreased to $70 from $75. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who decreased its forecast for the stock in mid February from “a Neutral” to “an Underweight”. DA Davidson also remained covering TFIN and has decreased its forecast on November 17, 2023 with a “Neutral” recommendation from previously “Buy” rating.
Price Performance Review of TFIN
On Friday, Triumph Financial Inc [NASDAQ:TFIN] saw its stock unchanged to $90.75. Over the last five days, the stock has gained 8.88%. Triumph Financial Inc shares have fallen nearly -0.14% since the year began. Nevertheless, the stocks have risen 23.35% over the past one year. While a 52-week high of $110.58 was reached on 01/16/25, a 52-week low of $66.85 was recorded on 01/13/25. SMA at 50 days reached $96.78, while 200 days put it at $84.03.
Levels Of Support And Resistance For TFIN Stock
The 24-hour chart illustrates a support level at 89.76, which if violated will result in even more drops to 88.77. On the upside, there is a resistance level at 92.08. A further resistance level may holdings at 93.40. The Relative Strength Index (RSI) on the 14-day chart is 47.80, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.34, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 16.89%. Stochastics %K at 80.95% indicates the stock is a selling.
How much short interest is there in Triumph Financial Inc?
A steep rise in short interest was recorded in Triumph Financial Inc stocks on 2024-12-31, dropping by -0.17 million shares to a total of 1.73 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 1.9 million shares. There was a decline of -9.76%, which implies that there is a negative sentiment for the stock.
