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CLEVELAND—Marc A. Stefanski, Chairman, President, and CEO of TFS Financial Corp (NASDAQ:TFSL), has sold a significant portion of his holdings in the company. According to a recent SEC filing, Stefanski sold a total of 40,445 shares of TFS Financial common stock over two days, February 24 and February 25, 2025. The shares were sold at prices ranging from $13.22 to $13.28 per share, amounting to a total transaction value of approximately $535,849. The transaction occurred with the stock trading near its 52-week range of $11.70 to $14.99, according to InvestingPro data.
Following these transactions, Stefanski retains ownership of 193,784 shares directly. The sales are part of a broader strategy to diversify his financial holdings for estate planning purposes, as stated in the filing. With analyst targets ranging from $14.50 to $15.00, InvestingPro indicates the stock may have upside potential.
TFS Financial, headquartered in Cleveland, Ohio, operates as a federally chartered savings institution. The company’s stock is traded on the NASDAQ under the ticker symbol TFSL.
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