Axos financial director Sara Wardell-Smith buys $194,203 in stock

Sara Wardell-Smith, a director at Axos Financial, Inc. (NYSE:AX), recently purchased 3,000 shares of the company’s common stock. The shares were acquired at an average price of $64.7345, bringing the total transaction value to $194,203. This transaction took place on March 4, 2025, and increased Wardell-Smith’s direct ownership to 10,250 shares. The $3.67 billion financial services company currently trades at an attractive P/E ratio of 8.58, with InvestingPro analysis indicating the stock is slightly undervalued. The company maintains a GREAT financial health score, despite its share price declining over the past three months.

The purchase was executed in multiple trades, with prices ranging from $64.6600 to $64.7699, according to the filing. Wardell-Smith has committed to providing further details upon request regarding the specific trades involved. InvestingPro subscribers can access comprehensive insider trading analysis and 8 additional key insights about Axos Financial, including detailed valuation metrics and growth forecasts in the Pro Research Report.

In other recent news, Axos Financial Inc. reported its fourth-quarter 2024 earnings, exceeding analyst expectations with an earnings per share (EPS) of $1.82, compared to the forecasted $1.75. The company’s revenue reached $307.9 million, slightly surpassing the expected $303.63 million. Despite these positive results, net income decreased to $104 million from $152.8 million the previous year, which has raised concerns among investors. Axos Financial is focusing on technological improvements and strategic acquisitions to strengthen its position in the market. The company has also announced plans to explore acquisition opportunities and a $150 million at-the-market shelf offering to support potential growth. Analysts have noted the company’s strong net interest income growth, which rose by 22.5% year-over-year to $280 million. Additionally, Axos Financial has been managing its operating expenses efficiently, with a slight reduction in non-interest expenses compared to the previous quarter. Looking ahead, Axos Financial aims to grow loan balances organically by high single digits over the next two quarters.

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