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GDOT GREEN DOT CORP Insider Trading

6 filings analyzed · Latest 2024-12-31
Insider buys
4
Insider sells
2
Unique insiders
2
Direction
Net buying

Historically, stocks have lagged the S&P 500 by a median ~4% over the 90 days after a high insider sell (n ≈ 9,950, 2021-2026). Past results don't predict the future. How we measure this ↗

December 2024
2024-12-31
high
959,180 shares
$10,071,696
@ $10.50
Significance 5/10

Topline Capital Partners sells 959,180 shares (15.1% of holdings) across 3 transactions for $10.1M, reducing stake below 5.4M shares.

Topline Capital Partners, a 10% owner, executed 3 separate sales totaling 959,180 shares for $10,071,696.10 between December 27–31, 2024, at a blended average price of $10.50, reducing post-transaction holdings to 5,376,787 shares. The current price of $10.64 is 19.9% below the 52-week high of $13.28 and up 3.6% over the past 30 days, suggesting the shares were sold near recent lows rather than at a peak. Green Dot's financials show net income of $-7,840,000.00 on revenue of $409,743,000.00, indicating operational headwinds that may context the sale. The timing of a 15.1% portfolio reduction warrants investor attention, particularly given the stock's distance from its 52-week high and the company's current unprofitability.

2024-12-31
high
959,180 shares
$10,071,696
@ $10.50
Significance 6/10

Topline Capital Management sold 959,180 shares (15.1% of holdings) in 3 transactions Dec 27–31 for blended avg $10.50, reducing stake to 5.38M shares

Topline Capital Management executed three separate sales totaling 959,180 shares on 2024-12-27, 2024-12-30, and 2024-12-31, ranging from $10.44 to $10.54 per share and totaling $10,071,696.10, reducing its position by 15.1% from 6.34M to 5.38M shares. The sales occurred near the 52-week high of $13.28 but above the current price of $10.64, narrowing the margin by 1.4% from transaction close. Green Dot's fundamentals show recent strain: the latest quarter reported $409.7M revenue with a net loss of $7.8M, and across Topline's prior four GDOT transactions (two each in September and November 2024), buy-side timing outcomes have been consistently negative, with the September trades showing 90-day declines of −12.9% and −14.7%. The timing of this multi-day liquidation alongside weakening operating performance warrants investor attention to whether this reflects a material reassessment of the company's near-term prospects.

November 2024
2024-11-12
medium
178,302 shares
$1,941,124
@ $10.89
Significance 4/10

Topline Capital (10% owner) buys 178,302 shares at $10.89 blended; current price $11.39, up 6.8% over 90 days

Topline Capital Partners executed two separate purchases totaling 178,302 shares for $1,941,124.50, increasing holdings from 6,157,665 to 6,335,967 shares (+2.9%). The blended purchase price of $10.89 sits below the current price of $11.39, and the stock has gained 6.8% over the past 90 days. However, the insider's prior trades at GDOT (September 23 and 24) both showed negative 30-day returns (-6.6% and -3.1%), suggesting inconsistent timing results at this specific ticker despite a cross-ticker track record showing 58.33% accuracy over 90 days. The company currently reports negative net income of $-7,840,000.00, which warrants consideration alongside the insider's accumulation activity.

2024-11-12
medium
178,302 shares
$1,941,124
@ $10.89
Significance 5/10

Topline Capital bought 178,302 shares at blended avg $10.89 across 2 separate purchases on GDOT

Topline Capital Management, LLC purchased 178,302 shares in two tranches on November 8–9, 2024, at a blended average price of $10.89, increasing holdings by 2.9% to 6,335,967 shares and committing $1,941,124.50. The current stock price of $11.39 sits -14.2% from its 52-week high and has gained only +0.4% over the past 30 days despite the insider's entry, while the company posted negative net income of $-7,840,000.00 in the latest quarter against revenue of $409,743,000.00. Notably, Topline's two prior purchases at GDOT on September 23–24, 2024, both underperformed significantly within 30 days (-6.6% and -3.1% respectively), establishing a pattern of poor near-term execution at this ticker despite a cross-ticker track record showing a 58.33% 90-day win rate on prior buys.

October 2024
2024-10-01
medium
198,914 shares
$2,383,845
@ $11.98
Significance 6/10

Topline Capital Partners, 10% owner, buys 198,914 shares over 2 days for $2.4M as stock trades -20.9% from 52-week high

Topline Capital Partners, a 10% shareholder in Green Dot Corp, executed 2 separate purchases totaling 198,914 shares for $2,383,845.20 at a blended average price of $11.98, increasing holdings by 3.3% to 6,157,665 shares. The timing coincides with the stock trading -20.9% from its 52-week high of $13.93 and near the lower end of the 52-week range ($7.68–$13.93). Notably, the company is unprofitable on a quarterly basis (net income $-28.7M against revenue of $407.1M) with modest annual growth of 3.6%, contextualizing the stock's weakness. Topline's historical track record across all tickers shows 20 prior open-market buys with a 68.75% 90-day win rate and average 90-day return of +21.6%, though this does not guarantee performance at this specific ticker or provide timing insight into this particular filing.

2024-10-01
medium
198,914 shares
$2,383,845
@ $11.98
Significance 6/10

Topline Capital bought 198,914 shares ($2.4M) at $11.98 avg; stock down -20.9% from high, net income negative

Topline Capital Management completed 2 separate purchases totaling 198,914 shares for $2,383,845.20, executed at an average price of $11.98 on 2024-09-23 and 2024-09-24. The purchases increased the insider's position by 3.3% to 6,157,665 shares. The stock is currently priced at $11.02, down 20.9% from its 52-week high of $13.93, while the company reported a latest quarterly net income of $-28,715,000.00. The insider's cross-ticker track record shows 20 prior buys with an average 90-day return of +21.6% and a 90-day win rate of 68.75%, providing context for purchasing discipline across their portfolio, though same-ticker historical performance at GREEN DOT is not available for direct comparison.

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