Lyon Street Capital LLC Trimmed Stake in Green Dot Corp (GDOT) by $11.96 Million as Stock Price Rose

February 14, 2018 - By Stephen Andrade

Investors sentiment increased to 1.38 in Q3 2017. Its up 0.47, from 0.91 in 2017Q2. It is positive, as 16 investors sold GDOT shares while 58 reduced holdings. 36 funds opened positions while 66 raised stakes. 39.20 million shares or 6.77% more from 36.72 million shares in 2017Q2 were reported. Snow Cap Mgmt LP reported 104,277 shares. Hbk Invs LP holds 0.09% of its portfolio in Green Dot Corporation (NYSE:GDOT) for 217,600 shares. Timpani Cap Mgmt Limited Liability Com accumulated 114,083 shares. The Georgia-based Vident Advisory Ltd Liability Co has invested 0.18% in Green Dot Corporation (NYSE:GDOT). State Board Of Administration Of Florida Retirement invested 0% of its portfolio in Green Dot Corporation (NYSE:GDOT). Arizona State Retirement Systems has 0.01% invested in Green Dot Corporation (NYSE:GDOT) for 23,593 shares. 4,100 are owned by Hartford Invest Mngmt. Laurion Cap Mgmt Lp accumulated 0% or 17,181 shares. Vanguard Gp has 4.71M shares for 0.01% of their portfolio. Gmt Capital owns 265,800 shares. 4,013 were reported by Ameritas Invest Prns. Manufacturers Life Insur The holds 0% in Green Dot Corporation (NYSE:GDOT) or 34,606 shares. Pitcairn owns 8,499 shares for 0.05% of their portfolio. Aqr Limited Liability has 0% invested in Green Dot Corporation (NYSE:GDOT) for 68,185 shares. Comerica Bancshares reported 62,691 shares.

Since August 14, 2017, it had 0 insider buys, and 23 insider sales for $14.77 million activity. 7,995 shares were sold by Streit Steven W, worth $375,312. $977,642 worth of Green Dot Corporation (NYSE:GDOT) was sold by Ricci John C. $351,911 worth of Green Dot Corporation (NYSE:GDOT) shares were sold by Bridgforth-Hodges Glinda. Another trade for 13,000 shares valued at $780,018 was sold by Unruh Jess. 12,356 shares were sold by Archer Kuan, worth $759,223 on Thursday, February 1. Aldrich Kenneth C sold $482,800 worth of stock or 10,000 shares.

Brian C. Freckmann decreased its stake in Green Dot Corp (GDOT) by 67.28% based on its latest 2017Q3 regulatory filing with the SEC. Lyon Street Capital Llc sold 244,079 shares as the company’s stock rose 33.10% with the market. The hedge fund run by Brian C. Freckmann held 118,711 shares of the consumer services company at the end of 2017Q3, valued at $5.89 million, down from 362,790 at the end of the previous reported quarter. Lyon Street Capital Llc who had been investing in Green Dot Corp for a number of months, seems to be less bullish one the $2.93B market cap company. The stock increased 5.90% or $3.3 during the last trading session, reaching $59.21. About 664,688 shares traded or 93.62% up from the average. Green Dot Corporation (NYSE:GDOT) has risen 53.57% since February 14, 2017 and is uptrending. It has outperformed by 36.87% the S&P500.

Analysts await Green Dot Corporation (NYSE:GDOT) to report earnings on February, 28. They expect $0.15 earnings per share, up 50.00 % or $0.05 from last year’s $0.1 per share. GDOT’s profit will be $7.43 million for 98.68 P/E if the $0.15 EPS becomes a reality. After $0.21 actual earnings per share reported by Green Dot Corporation for the previous quarter, Wall Street now forecasts -28.57 % negative EPS growth.

More recent Green Dot Corporation (NYSE:GDOT) news were published by: Businesswire.com which released: “Green Dot to Announce Fourth Quarter 2017 Results on February 21” on February 01, 2018. Also Nasdaq.com published the news titled: “Anatomy of Success: Green Dot Corporation (GDOT)” on February 06, 2018. Seekingalpha.com‘s news article titled: “Green Dot on watch after strong earnings, BTIG upgrade” with publication date: November 08, 2017 was also an interesting one.

Green Dot Corporation (NYSE:GDOT) Ratings Coverage

Among 18 analysts covering Green Dot (NYSE:GDOT), 9 have Buy rating, 0 Sell and 9 Hold. Therefore 50% are positive. Green Dot had 43 analyst reports since August 5, 2015 according to SRatingsIntel. The company was maintained on Wednesday, August 5 by Compass Point. As per Friday, November 6, the company rating was maintained by Deutsche Bank. On Tuesday, August 25 the stock rating was upgraded by Portales Partners to “Sector Perform”. The stock has “Neutral” rating by JP Morgan on Friday, August 14. The stock of Green Dot Corporation (NYSE:GDOT) has “Buy” rating given on Thursday, January 5 by Guggenheim. As per Monday, August 7, the company rating was maintained by Northland Capital. Northland Capital maintained the stock with “Buy” rating in Tuesday, September 26 report. The firm has “Neutral” rating by BTIG Research given on Friday, March 18. On Wednesday, September 30 the stock rating was initiated by Cowen & Co with “Market Perform”. Citigroup maintained Green Dot Corporation (NYSE:GDOT) rating on Monday, September 18. Citigroup has “Buy” rating and $54 target.

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