Green Dot (GDOT) Rating Lowered to Hold at Zacks Investment Research

Doris Richards
January 13, 2018

At the time of the deal the price of a share was $61.2. Insiders sold a total of 261,386 shares of company stock valued at $15,755,459 over the last 90 days. The company has a market cap of $3,130.00, a PE ratio of 44.64 and a beta of 0.95. Corporate insiders own 11.00% of the company's stock. It offers switching power supplies that are used to convert AC line voltage to DC voltages, or DC voltages to other DC voltages for use in electronic equipment, such as telecommunications equipment, machine tools, routers, switches, wireless systems, and gaming devices. $977,642 worth of Green Dot Corporation (NYSE:GDOT) was sold by Ricci John C. $496,962 worth of Green Dot Corporation (NYSE:GDOT) was sold by Archer Kuan on Tuesday, August 1. The company has market cap of $3.04 billion. The Company is a provider of reloadable prepaid debit cards and cash reload processing services in the United States. The company is headquartered in Pasadena, California with its bank subsidiary, Green Dot Bank, located in Provo, Utah.

The stock increased 1.27% or $0.77 during the last trading session, reaching $61.44. About 27,788 shares traded. It has outperformed by 36.87% the S&P500.

Investors sentiment decreased to 1 in 2017 Q3. Its up 0.47, from 0.91 in 2017Q2. Driehaus Capital Management Llc sold 12,401 shares as Green Dot Corp (GDOT)'s stock rose 33.10%. 142 funds opened positions while 524 raised stakes. Hightower Advsr Ltd Liability Corp has invested 0.3% in Visa Inc. 6,844 are held by Profund Advisors Ltd Liability Company. Jacobs Levy Equity Mngmt holds 312,314 shares or 0.08% of its portfolio. 442,594 were accumulated by Deutsche Bancorp Ag. Balyasny Asset Mngmt Ltd Limited Liability Company has 62,327 shares for 0.01% of their portfolio. Arrowstreet Capital Limited Partnership has 0.01% invested in LivePerson, Inc. Aperio Gru Limited Liability Corporation reported 0.01% of its portfolio in Green Dot Corporation (NYSE:GDOT). The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.09. Jpmorgan Chase And, New York-based fund reported 403,685 shares.

Diligent Investors Llc decreased its stake in Green Dot Corp (GDOT) by 21.92% based on its latest 2017Q3 regulatory filing with the SEC. Following the completion of the sale, the chief executive officer now owns 176,621 shares of the company's stock, valued at approximately $9,521,638.11. Arizona State Retirement System owns 0.01% invested in Green Dot Corporation (NYSE:GDOT) for 23,593 shares. Origin Asset Management Llp reported 0.02% stake. $380,407 worth of Green Dot Corporation (NYSE:GDOT) was sold by Streit Steven W on Tuesday, September 12. The stock of Green Dot Corporation (NYSE:GDOT) has "Hold" rating given on Tuesday, August 8 by Cowen & Co. The company now has a consensus rating of "Buy" and an average price target of $55.31. Zacks Investment Research upgraded Green Dot from a "hold" rating to a "buy" rating and set a $71.00 price objective for the company in a research note on Monday, November 13th. The firm earned "Hold" rating on Wednesday, August 2 by Keefe Bruyette & Woods. The firm has "Buy" rating given on Wednesday, December 13 by KeyBanc Capital Markets. The rating was upgraded by Lake Street to "Buy" on Wednesday, August 9. The stock of Green Dot Corporation (NYSE:GDOT) earned "Buy" rating by BTIG Research on Tuesday, February 16. As per Monday, June 26, the company rating was initiated by Lake Street. The firm has "Buy" rating given on Monday, August 7 by Northland Capital. (NASDAQ:LPSN) on Monday, July 24 with "Buy" rating. The rating was maintained by JP Morgan on Friday, August 14 with "Overweight". The stock of Green Dot Corporation (NYSE:GDOT) has "Hold" rating given on Thursday, February 25 by Deutsche Bank.


Since August 1, 2017, it had 0 insider buys, and 25 selling transactions for $12.96 million activity. 50,000 shares valued at $652,500 were sold by VASKEVITCH DAVID on Tuesday, August 29. Also, CEO Steven W. Streit sold 2,665 shares of the firm's stock in a transaction that occurred on Tuesday, October 24th. New York-based Amer Grp Inc Incorporated has invested 0.01% in Green Dot Corporation (NYSE:GDOT). More interesting news about Green Dot Corporation (NYSE:GDOT) were released by: Businesswire.com and their article: "Green Dot to Announce Third Quarter 2017 Results on November 7" published on October 25, 2017 as well as Businesswire.com's news article titled: "Green Dot Completes Acquisition of UniRush, LLC" with publication date: February 28, 2017.

Green Dot (NYSE:GDOT) last posted its quarterly earnings data on Tuesday, November 7th. They expect $0.15 earnings per share, up 50.00% or $0.05 from last year's $0.1 per share. GDOT's profit will be $7.42M for 100.68 P/E if the $0.15 EPS becomes a reality. After $0.21 actual earnings per share reported by Green Dot Corporation for the previous quarter, Wall Street now forecasts -28.57% negative EPS growth. Renaissance Technologies LLC raised its holdings in shares of Green Dot by 57.4% during the 2nd quarter. Vident Investment Advisory Lc accumulated 65,952 shares. D E Shaw Company stated it has 178,022 shares or 0.01% of all its holdings. Georgia-based Gw Henssler Assocs Limited has invested 1.52% in Visa Inc. Et Al has invested 0.35% in the stock. Green Dot Corporation products are available to consumers at more than 80,000 retailers nationwide, online and via the leading app stores. After $0.03 actual EPS reported by LivePerson, Inc. for the previous quarter, Wall Street now forecasts -166.67% negative EPS growth. The stock decreased 1.62% or $0.44 during the last trading session, reaching $26.75. Also, insider Jess Unruh sold 13,000 shares of the company's stock in a transaction that occurred on Wednesday, January 3rd. LivePerson, Inc. (NASDAQ:LPSN) has risen 55.95% since January 12, 2017 and is uptrending. It has outperformed by 98.27% the S&P500.

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