Insider Selling: Stifel Financial Corp (NYSE:SF) SVP Sells 10,000 Shares of Stock

Stifel Financial Corp (NYSE:SF) SVP Richard J. Himelfarb sold 10,000 shares of the company’s stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $60.75, for a total value of $607,500.00. Following the transaction, the senior vice president now directly owns 103,774 shares of the company’s stock, valued at $6,304,270.50. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Shares of Stifel Financial stock traded up $0.30 on Friday, hitting $60.80. The stock had a trading volume of 226,896 shares, compared to its average volume of 432,282. Stifel Financial Corp has a 52-week low of $38.39 and a 52-week high of $61.94. The company has a current ratio of 0.74, a quick ratio of 0.67 and a debt-to-equity ratio of 0.69. The stock has a market cap of $4.20 billion, a price-to-earnings ratio of 11.52, a P/E/G ratio of 1.77 and a beta of 1.88. The company’s 50 day moving average price is $55.86 and its 200 day moving average price is $56.55.

Stifel Financial (NYSE:SF) last posted its earnings results on Wednesday, October 30th. The financial services provider reported $1.50 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.47 by $0.03. Stifel Financial had a return on equity of 14.84% and a net margin of 13.55%. The business had revenue of $821.50 million during the quarter, compared to the consensus estimate of $798.53 million. During the same period in the previous year, the business earned $1.35 EPS. The business’s quarterly revenue was up 11.3% on a year-over-year basis.

Institutional investors have recently bought and sold shares of the company. Meeder Asset Management Inc. purchased a new stake in shares of Stifel Financial in the 3rd quarter valued at about $38,000. NumerixS Investment Technologies Inc lifted its holdings in shares of Stifel Financial by 75.0% in the 2nd quarter. NumerixS Investment Technologies Inc now owns 700 shares of the financial services provider’s stock valued at $41,000 after purchasing an additional 300 shares during the last quarter. Pearl River Capital LLC purchased a new stake in shares of Stifel Financial in the 2nd quarter valued at about $46,000. Stonebridge Capital Advisors LLC purchased a new stake in shares of Stifel Financial in the 2nd quarter valued at about $61,000. Finally, Tower Research Capital LLC TRC lifted its holdings in shares of Stifel Financial by 7,113.3% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,082 shares of the financial services provider’s stock valued at $64,000 after purchasing an additional 1,067 shares during the last quarter. 86.29% of the stock is owned by institutional investors and hedge funds.

Several research analysts have recently issued reports on SF shares. ValuEngine cut Stifel Financial from a “sell” rating to a “strong sell” rating in a research report on Wednesday, October 2nd. Zacks Investment Research raised Stifel Financial from a “sell” rating to a “hold” rating in a report on Saturday, September 7th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $62.60.

Stifel Financial Company Profile

Stifel Financial Corp., a financial services and bank holding company, provides retail and institutional wealth management, and investment banking services to individual investors, corporations, municipalities, and institutions in the United States, the United Kingdom, rest of Europe, and Asia. The company operates through three segments: Global Wealth Management, Institutional Group, and Other.

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Insider Buying and Selling by Quarter for Stifel Financial (NYSE:SF)

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