Asia stocks edge higher as tech meanders on Nvidia; Hong Kong hit by soft earnings
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 filing, Stefanski sold a total of 70,000 shares of TFS Financial common stock over two days, with transactions executed on February 27 and February 28, 2025. The shares were sold at prices ranging from $13.00 to $13.12, amounting to a total value of approximately $914,200. The stock, currently trading at $13.26, sits near its 52-week high of $14.99, with InvestingPro analysis indicating the company trades above its Fair Value.
Following these transactions, Stefanski retains direct ownership of 101,784 shares. In addition, he holds indirect ownership through various trusts and other entities. This move is part of a broader plan by Stefanski to sell up to 150,000 shares for estate planning purposes, as stated in the filing. The $3.69 billion market cap company maintains an impressive 8.57% dividend yield and has consistently paid dividends for 12 consecutive years. InvestingPro subscribers can access additional insights, including 6 more ProTips and comprehensive financial metrics.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.