rts logo

Green Dot Corp (GDOT) Volatility At 6.81%, Should You Add A Position?

Green Dot Corp (NYSE: GDOT) is -28.48% lower on its value in year-to-date trading and has touched a low of $6.12 and a high of $13.58 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GDOT stock was last observed hovering at around $7.55 in the last trading session, with the day’s gains setting it 0.06%.

Currently trading at $7.61, the stock is 1.77% and -9.61% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.08 million and changing 0.79% at the moment leaves the stock -24.21% off its SMA200. GDOT registered -13.42% loss for a year compared to 6-month loss of -39.22%. The firm has a 50-day simple moving average (SMA 50) of $8.4188 and a 200-day simple moving average (SMA200) of $10.04105.

The stock witnessed a -18.44% gain in the last 1 month and extending the period to 3 months gives it a -32.05%, and is 14.61% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.81% over the week and 7.17% over the month.

Green Dot Corp (GDOT) has around 1150 employees, a market worth around $412.69M and $1.72B in sales. Fwd P/E is 5.50. Profit margin for the company is -1.55%. Distance from 52-week low is 24.25% and -43.96% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.87%).

with sales reaching $504.75M over the same period.The EPS is expected to shrink by -18.80% this year, but quarterly earnings will post 10.60% year-over-year. Quarterly sales are estimated to grow 12.81% in year-over-year returns.

257.0 institutions hold shares in Green Dot Corp (GDOT), with institutional investors hold 102.20% of the company’s shares. The shares outstanding are 54.23M, and float is at 48.69M with Short Float at 5.47%. Institutions hold 98.80% of the Float.

The top institutional shareholder in the company is BLACKROCK INC. with over 5.93 million shares valued at $56.05 million. The investor’s holdings represent 11.204 of the GDOT Shares outstanding. As of 2024-06-30, the second largest holder is STARBOARD VALUE LP with 5.02 million shares valued at $47.42 million to account for 9.3886 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 3.33 million shares representing 6.2808 and valued at over $31.42 million, while STATE STREET CORP holds 4.5091 of the shares totaling 2.39 million with a market value of $22.56 million.

Green Dot Corp (GDOT) Insider Activity

The most recent transaction is an insider sale by Topline Capital Management, LL, the company’s. SEC filings show that Topline Capital Management, LL sold 380,611 shares of the company’s common stock on Dec 30 ’24 at a price of $10.44 per share for a total of $3.97 million. Following the sale, the insider now owns 5.71 million shares.

Green Dot Corp disclosed in a document filed with the SEC on Dec 31 ’24 that Topline Capital Management, LL () sold a total of 331,339 shares of the company’s common stock. The trade occurred on Dec 31 ’24 and was made at $10.54 per share for $3.49 million. Following the transaction, the insider now directly holds 5.38 million shares of the GDOT stock.

Still, SEC filings show that on Dec 27 ’24, Topline Capital Management, LL () disposed off 247,230 shares at an average price of $10.54 for $2.61 million. The insider now directly holds 6,088,737 shares of Green Dot Corp (GDOT).

Related Posts