Insiders Worth Watching: Is Stifel Financial Corp (NYSE:SF) Stock a Sell after Ronald Kruszewski’s Insider Sale?

November 23, 2016 - By Clifton Ray

Insiders Worth Watching: Is Stifel Financial Corp (NYSE:SF) Stock a Sell after Ronald Kruszewski's Insider Sale?

Ronald Kruszewski Insider Sell

Ronald Kruszewski currently working as the CHIEF EXECUTIVE OFFICER of Stifel Financial Corp not a long ago unloaded 100,000 shares of the public company. The huge insider deal has $5,020,000 U.S Dollars total value, at an average market stock price per share of $50.2. That huge stocks unloading is sure to get investors talking for the company. Ronald Kruszewski now has ownership of 913,362 shares of the Firm.

Stifel Financial Corp (NYSE:SF) Ratings Coverage

Out of 5 analysts covering Stifel Financial Corp. (NYSE:SF), 2 rate it a “Buy”, 1 “Sell”, while 2 “Hold”. This means 40% are positive. $58 is the highest target while $27 is the lowest. The $41.75 average target is -17.34% below today’s ($50.51) stock price. Stifel Financial Corp. has been the topic of 11 analyst reports since August 12, 2015 according to StockzIntelligence Inc. The stock of Stifel Financial Corp (NYSE:SF) has “Buy” rating given on Monday, July 11 by Nomura. The firm earned “Buy” rating on Monday, April 4 by Nomura. The rating was upgraded by Goldman Sachs on Tuesday, January 12 to “Buy”. Nomura upgraded the stock to “Buy” rating in Monday, November 9 report. Zacks upgraded the shares of SF in a report on Tuesday, September 22 to “Hold” rating. Zacks downgraded Stifel Financial Corp (NYSE:SF) on Tuesday, September 1 to “Buy” rating. The stock has “Underperform” rating given by Credit Suisse on Monday, February 22.

Insitutional Activity: The institutional sentiment increased to 1.08 in 2016 Q2. Its up 0.04, from 1.04 in 2016Q1. The ratio increased, as 22 funds sold all Stifel Financial Corp shares owned while 69 reduced positions. 32 funds bought stakes while 63 increased positions. They now own 56.23 million shares or 1.17% less from 56.90 million shares in 2016Q1.

The Illinois-based Guggenheim Cap Ltd Llc has invested 0% in Stifel Financial Corp (NYSE:SF). Commerce State Bank accumulated 0.01% or 14,949 shares. Mendon Corp has 0.32% invested in the company for 100,000 shares. California Employees Retirement Systems, a California-based fund reported 198,117 shares. First Mercantile has 0.07% invested in the company for 16,710 shares. International Group Inc holds 163,500 shares or 0% of its portfolio. Moreover, Weaver C Barksdale And Associate has 0.02% invested in Stifel Financial Corp (NYSE:SF) for 311 shares. Moreover, Mutual Of America Mngmt has 0.03% invested in Stifel Financial Corp (NYSE:SF) for 50,851 shares. Blackrock Ltd has invested 0% of its portfolio in Stifel Financial Corp (NYSE:SF). Geode Cap Management Limited Liability Company owns 438,679 shares or 0.01% of their US portfolio. Miles Cap holds 0.16% or 7,299 shares in its portfolio. Credit Suisse Ag accumulated 84,891 shares or 0% of the stock. D E Shaw Inc accumulated 0.01% or 250,479 shares. Panagora Asset Mgmt holds 0% of its portfolio in Stifel Financial Corp (NYSE:SF) for 2,850 shares. Montag A And Assocs Incorporated holds 0.64% of its portfolio in Stifel Financial Corp (NYSE:SF) for 154,459 shares.

Insider Transactions: Since May 24, 2016, the stock had 0 buys, and 2 selling transactions for $269,412 net activity. 4,500 shares were sold by WESTBROOK KELVIN R, worth $168,750. $100,662 worth of Stifel Financial Corp (NYSE:SF) was sold by Brautigam Allen. 15,270 shares were sold by Plotkin Ben A, worth $560,256 on Tuesday, May 24.

About 266,664 shares traded hands. Stifel Financial Corp (NYSE:SF) has risen 51.48% since April 21, 2016 and is uptrending. It has outperformed by 46.15% the S&P500.

Stifel Financial Corp. is a financial holding company. The company has a market cap of $3.40 billion. The Company’s principal subsidiary is Stifel, Nicolaus & Company, Incorporated, a retail and institutional wealth management and investment banking firm. It has a 60.19 P/E ratio. The Company’s principal activities are private client services, including securities transaction and financial planning services; institutional equity and fixed income sales, trading, research and municipal finance; investment banking services, including mergers and acquisitions, public offerings and private placements, and retail and commercial banking, including personal and commercial lending programs.

According to Zacks Investment Research, “Stifel Financial Corp. is a holding company for Stifel Nicolaus & Company, Incorporated.”

Analysts await Stifel Financial Corp (NYSE:SF) to report earnings on February, 28. They expect $0.63 EPS, up 23.53% or $0.12 from last year’s $0.51 per share. SF’s profit will be $42.41 million for 20.04 P/E if the $0.63 EPS becomes a reality. After $0.69 actual EPS reported by Stifel Financial Corp for the previous quarter, Wall Street now forecasts -8.70% negative EPS growth.

Another recent and important Stifel Financial Corp (NYSE:SF) news was published by Streetinsider.com which published an article titled: “Form 4 STIFEL FINANCIAL CORP For: Nov 22 Filed by: Plotkin Ben A” on November 23, 2016.

SF Company Profile

Stifel Financial Corp., incorporated on December 31, 1981, is a financial holding company. The Company’s principal subsidiary is Stifel, Nicolaus & Company, Incorporated (Stifel), a full-service retail and institutional wealth management and investment banking firm. The Company’s principal activities are private client services, including securities transaction and financial planning services; institutional equity and fixed income sales, trading, research and municipal finance; investment banking services, including mergers and acquisitions, public offerings and private placements, and retail and commercial banking, including personal and commercial lending programs. The Firm operates through three divisions: Global Wealth Management, Institutional Group and Other. The Global Wealth Management segment consists of two businesses, such as the Private Client Group and Stifel Bank. The Private Client Group includes branch offices and independent contractor offices of its broker-dealer subsidiaries located throughout the United States. These branches provide securities brokerage services, including the sale of equities, mutual funds, fixed income products and insurance, as well as offers banking products to its private clients through Stifel Bank, which provides residential, consumer and commercial lending, as well as the Federal Deposit Insurance Corporation (FDIC)-insured deposit accounts to clients of its broker-dealer subsidiaries and to the general public. The Institutional Group segment includes research, equity and fixed income institutional sales and trading, investment banking, public finance, and syndicate. The Other segment includes interest income from stock borrow activities and interest income, among others.

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