News coverage about Green Dot (NYSE:GDOT) has been trending somewhat positive this week, Accern reports. Accern identifies positive and negative news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Green Dot earned a coverage optimism score of 0.15 on Accern’s scale. Accern also assigned news coverage about the financial services provider an impact score of 44.7561163029229 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the media stories that may have effected Accern Sentiment’s rankings:
- Green Dot (GDOT) Upgraded to “Buy” by Citigroup (americanbankingnews.com)
- O’Keeffe’s Working Hands Hand Cream Review (popsugar.co.uk)
- SU, LIVE relaunch It’s On Us program, prioritize change in campus culture (studlife.com)
- This Week In Credit Card News: Kids Are Key Targets For ID Theft; Is Card Debt Bad For Your Health? (forbes.com)
- Green Dot Co. (GDOT) Insider Sells $1,217,934.20 in Stock (americanbankingnews.com)
A number of brokerages have issued reports on GDOT. Guggenheim reiterated a “buy” rating on shares of Green Dot in a research report on Wednesday, January 10th. Cowen reiterated a “hold” rating and set a $52.00 price target on shares of Green Dot in a research report on Friday, November 10th. Citigroup upgraded Green Dot from a “neutral” rating to a “buy” rating and increased their price target for the stock from $66.00 to $68.00 in a research report on Tuesday, February 13th. Morgan Stanley set a $60.00 price target on Green Dot and gave the stock a “hold” rating in a research report on Monday, November 20th. Finally, ValuEngine downgraded Green Dot from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Seven research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. Green Dot presently has a consensus rating of “Buy” and an average price target of $55.69.
In other Green Dot news, CFO Mark L. Shifke sold 6,500 shares of the stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $55.96, for a total transaction of $363,740.00. Following the completion of the transaction, the chief financial officer now owns 713,333 shares of the company’s stock, valued at $39,918,114.68. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Steven W. Streit sold 20,615 shares of the stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $59.08, for a total value of $1,217,934.20. The disclosure for this sale can be found here. Insiders have sold 298,521 shares of company stock valued at $18,085,514 in the last three months. Insiders own 11.00% of the company’s stock.
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About Green Dot
Green Dot Corporation (Green Dot) is a pro-consumer financial technology innovator. The Company is a provider of reloadable prepaid debit cards and cash reload processing services in the United States. The Company operates through two segments: Account Services, and Processing and Settlement Services.
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