Insider Selling: TD Ameritrade Holding Corp. (AMTD) Director Sells $783,600.00 in Stock

TD Ameritrade Holding Corp. (NASDAQ:AMTD) Director Joseph H. Moglia sold 20,000 shares of the company’s stock in a transaction on Wednesday, March 15th. The shares were sold at an average price of $39.18, for a total transaction of $783,600.00. Following the completion of the sale, the director now directly owns 190,000 shares in the company, valued at $7,444,200. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

TD Ameritrade Holding Corp. (NASDAQ:AMTD) opened at 39.81 on Tuesday. The firm has a market cap of $21.01 billion, a P/E ratio of 24.88 and a beta of 1.63. TD Ameritrade Holding Corp. has a 12 month low of $26.37 and a 12 month high of $47.41. The firm has a 50 day moving average of $41.97 and a 200-day moving average of $39.57.

TD Ameritrade Holding Corp. (NASDAQ:AMTD) last announced its quarterly earnings results on Wednesday, January 18th. The company reported $0.41 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.41. TD Ameritrade Holding Corp. had a net margin of 25.09% and a return on equity of 16.21%. The firm had revenue of $859 million for the quarter, compared to analyst estimates of $860.12 million. During the same period last year, the business earned $0.39 EPS. TD Ameritrade Holding Corp.’s revenue for the quarter was up 5.8% compared to the same quarter last year. On average, equities research analysts forecast that TD Ameritrade Holding Corp. will post $1.69 earnings per share for the current year.

Your IP Address:

A number of large investors have recently made changes to their positions in AMTD. Oregon Public Employees Retirement Fund raised its stake in shares of TD Ameritrade Holding Corp. by 25.5% in the third quarter. Oregon Public Employees Retirement Fund now owns 29,883 shares of the company’s stock valued at $1,053,000 after buying an additional 6,074 shares in the last quarter. Eagle Asset Management Inc. raised its stake in shares of TD Ameritrade Holding Corp. by 5.2% in the third quarter. Eagle Asset Management Inc. now owns 660,888 shares of the company’s stock valued at $23,289,000 after buying an additional 32,706 shares in the last quarter. Capstone Asset Management Co. bought a new stake in shares of TD Ameritrade Holding Corp. during the third quarter valued at approximately $237,000. Gulf International Bank UK Ltd raised its stake in shares of TD Ameritrade Holding Corp. by 0.6% in the third quarter. Gulf International Bank UK Ltd now owns 80,138 shares of the company’s stock valued at $2,824,000 after buying an additional 500 shares in the last quarter. Finally, First Quadrant L P CA raised its stake in shares of TD Ameritrade Holding Corp. by 183.7% in the third quarter. First Quadrant L P CA now owns 426,406 shares of the company’s stock valued at $15,027,000 after buying an additional 276,106 shares in the last quarter. Hedge funds and other institutional investors own 88.69% of the company’s stock.

Several research firms have commented on AMTD. Jefferies Group LLC reaffirmed a “hold” rating and issued a $47.00 price target on shares of TD Ameritrade Holding Corp. in a report on Sunday, January 8th. Instinet raised shares of TD Ameritrade Holding Corp. from a “neutral” rating to a “buy” rating and set a $53.00 price target on the stock in a report on Friday, January 6th. Nomura raised shares of TD Ameritrade Holding Corp. from a “neutral” rating to a “buy” rating in a report on Thursday, January 5th. Zacks Investment Research raised shares of TD Ameritrade Holding Corp. from a “hold” rating to a “buy” rating and set a $49.00 price target on the stock in a report on Tuesday, December 27th. Finally, SunTrust Banks, Inc. reaffirmed a “buy” rating and issued a $50.00 price target on shares of TD Ameritrade Holding Corp. in a report on Tuesday, February 28th. Eleven research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $40.43.

About TD Ameritrade Holding Corp.

TD Ameritrade Holding Corporation is a provider of securities brokerage services and related technology-based financial services. The Company provides its services to retail investors, traders and independent registered investment advisors (RIAs). The Company provides its services through the Internet, a national branch network and relationships with RIAs.

5 Day Chart for NASDAQ:AMTD

Receive News & Ratings for TD Ameritrade Holding Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TD Ameritrade Holding Corp. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply