Oberweis Asset Management INC Has Decreased Its Holding in Green Dot Corp. Cl A (GDOT) as Valuation Declined

Green Dot Corporation (NYSE:GDOT) LogoInvestors sentiment decreased to 1.08 in Q2 2019. Its down 0.01, from 1.09 in 2019Q1. It turned negative, as 46 investors sold GDOT shares while 60 reduced holdings. 35 funds opened positions while 79 raised stakes. 44.34 million shares or 1.26% more from 43.79 million shares in 2019Q1 were reported. Robeco Institutional Asset Mngmt Bv holds 590,000 shares or 0.1% of its portfolio. Bnp Paribas Arbitrage Sa reported 6,528 shares. The Washington-based Parametric Portfolio Assoc Ltd Liability Com has invested 0% in Green Dot Corporation (NYSE:GDOT). 103,936 were reported by Wells Fargo Mn. Advisory Services Net Lc holds 0.01% or 2,000 shares in its portfolio. Geode Capital Mngmt Limited Liability Corp, a Massachusetts-based fund reported 612,814 shares. Voya Investment Mngmt owns 415,678 shares. Cornerstone Advsr owns 0% invested in Green Dot Corporation (NYSE:GDOT) for 24 shares. Rhumbline Advisers holds 155,345 shares or 0.01% of its portfolio. Citadel Advsrs Llc has 726,972 shares for 0.02% of their portfolio. 51,976 are owned by Barclays Public Ltd Co. Eagle Asset Mgmt holds 0.33% or 1.31M shares in its portfolio. Shell Asset Management Communications holds 28,031 shares or 0.03% of its portfolio. Jpmorgan Chase And reported 0% stake. 19,235 were accumulated by Oregon Employees Retirement Fund.

Oberweis Asset Management Inc decreased its stake in Green Dot Corp. Cl A (GDOT) by 94.15% based on its latest 2019Q2 regulatory filing with the SEC. Oberweis Asset Management Inc sold 80,460 shares as the company’s stock declined 20.30% . The institutional investor held 5,000 shares of the consumer services company at the end of 2019Q2, valued at $245,000, down from 85,460 at the end of the previous reported quarter. Oberweis Asset Management Inc who had been investing in Green Dot Corp. Cl A for a number of months, seems to be less bullish one the $1.40 billion market cap company. The stock decreased 3.23% or $0.9 during the last trading session, reaching $26.98. About 393,004 shares traded. Green Dot Corporation (NYSE:GDOT) has declined 35.46% since September 13, 2018 and is downtrending. It has underperformed by 35.46% the S&P500.

Analysts await Green Dot Corporation (NYSE:GDOT) to report earnings on November, 6. They expect $-0.09 EPS, down 123.68 % or $0.47 from last year’s $0.38 per share. After $0.78 actual EPS reported by Green Dot Corporation for the previous quarter, Wall Street now forecasts -111.54 % negative EPS growth.

More notable recent Green Dot Corporation (NYSE:GDOT) news were published by: Globenewswire.com which released: “SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Investors of an Investigation Involving Possible Securities Fraud Violations by Certain Officers and Directors of Green Dot Corporation – GlobeNewswire” on September 04, 2019, also Digitaljournal.com with their article: “NYSE:GDOT Investor Alert: Investigation over Possible Securities Laws Violations by Green Dot Corporation – Press Release – Digital Journal” published on September 05, 2019, Finance.Yahoo.com published: “Is It Too Late To Consider Buying Green Dot Corporation (NYSE:GDOT)? – Yahoo Finance” on June 09, 2019. More interesting news about Green Dot Corporation (NYSE:GDOT) were released by: Finance.Yahoo.com and their article: “Hedge Funds Have Never Been This Bullish On Green Dot Corporation (GDOT) – Yahoo Finance” published on June 21, 2019 as well as Finance.Yahoo.com‘s news article titled: “The Green Dot (NYSE:GDOT) Share Price Is Up 175% And Shareholders Are Boasting About It – Yahoo Finance” with publication date: July 05, 2019.

Green Dot Corporation (NYSE:GDOT) Ratings Coverage

Among 6 analysts covering Green Dot (NYSE:GDOT), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. Green Dot has $90 highest and $2900 lowest target. $53.86’s average target is 99.63% above currents $26.98 stock price. Green Dot had 11 analyst reports since March 14, 2019 according to SRatingsIntel. The stock of Green Dot Corporation (NYSE:GDOT) earned “Hold” rating by Jefferies on Thursday, September 5. The company was downgraded on Thursday, August 8 by Wood. The rating was maintained by Guggenheim on Tuesday, March 26 with “Buy”. Deutsche Bank maintained Green Dot Corporation (NYSE:GDOT) on Thursday, August 8 with “Hold” rating. SunTrust maintained it with “Buy” rating and $90 target in Thursday, March 14 report.

Green Dot Corporation (NYSE:GDOT) Institutional Positions Chart

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