BofA’s Hartnett says concentrated U.S. stock returns are likely to persist
Meredith (NYSE:MDP) S. Weil, the Chief Financial Officer of TFS Financial Corp (NASDAQ:TFSL), reported a sale of 12,000 shares of common stock, according to a recent SEC filing. The shares were sold at a price of $13.59 each, amounting to a total transaction value of $163,080. Following this sale, Weil retains direct ownership of 93,527 shares in the $3.74 billion market cap company. According to InvestingPro analysis, the stock is currently trading above its Fair Value, with a P/E ratio of 46.8x.
Additionally, Weil holds indirect ownership of 348 shares through a 401(k) plan and 514 shares via an Employee Stock Ownership Plan (ESOP). The filing also detailed various derivative holdings, including performance-restricted share units and restricted stock units, with no recent transactions reported in these categories.
The sale highlights Weil’s continued involvement in TFS Financial’s stock transactions, reflecting ongoing financial activities within the company.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.