Green Dot (NYSE:GDOT) Announces Earnings Results

Green Dot (NYSE:GDOT) posted its quarterly earnings data on Thursday. The financial services provider reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.08), Zacks reports. Green Dot had a negative net margin of 3.39% and a positive return on equity of 3.84%. Green Dot updated its FY 2025 guidance to 1.050-1.200 EPS.

Green Dot Stock Performance

Shares of NYSE:GDOT traded down $0.30 during midday trading on Thursday, hitting $8.19. The stock had a trading volume of 423,500 shares, compared to its average volume of 455,500. The company has a market capitalization of $440.25 million, a PE ratio of -7.80 and a beta of 0.90. The stock has a 50 day moving average price of $9.34 and a two-hundred day moving average price of $10.53. The company has a current ratio of 0.52, a quick ratio of 0.52 and a debt-to-equity ratio of 0.05. Green Dot has a 1 year low of $7.70 and a 1 year high of $13.58.

Insider Activity

In related news, insider Topline Capital Management, Ll sold 247,230 shares of the business’s stock in a transaction dated Friday, December 27th. The shares were sold at an average price of $10.54, for a total transaction of $2,605,804.20. Following the sale, the insider now owns 6,088,737 shares of the company’s stock, valued at approximately $64,175,287.98. The trade was a 3.90 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, major shareholder Topline Capital Partners, Lp sold 331,339 shares of the business’s stock in a transaction dated Tuesday, December 31st. The stock was sold at an average price of $10.54, for a total transaction of $3,492,313.06. Following the sale, the insider now directly owns 5,376,787 shares in the company, valued at approximately $56,671,334.98. This represents 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 valued at $10,071,696 over the last quarter. Corporate insiders own 1.10% of the company’s stock.

About Green Dot

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.