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Cleveland-based TFS Financial Corp (NASDAQ:TFSL), a $3.62 billion market cap financial institution, saw significant insider activity as its Chairman, President, and CEO, Marc A. Stefanski, sold 17,555 shares of common stock. The transaction, executed on March 3, 2025, was carried out at an average price of $13.27 per share, amounting to a total sale of approximately $232,954. According to InvestingPro analysis, the stock is currently trading above its Fair Value, with a high P/E ratio of 45.16.
Following this sale, Stefanski retains direct ownership of 84,229 shares of TFS Financial’s common stock. Additionally, he holds various indirect interests in the company, including shares held by his spouse and in trust arrangements for family members. The stock offers an attractive dividend yield of 8.54% and has maintained dividend payments for 12 consecutive years, according to InvestingPro data.
Stefanski’s transactions are part of a broader strategy to diversify his financial holdings for estate planning purposes, with a total of 150,000 shares sold over a period starting February 24, 2025. This move reflects a common practice among executives to manage personal financial portfolios while maintaining significant stakes in their companies. The stock currently trades between its 52-week range of $11.70-$14.99, with analysts setting price targets between $14.50 and $15.00.
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