Green DotGDOT
About: Green Dot Corp is a financial technology company that provides financial services for consumers in the United States without good banking options. It has three segments Consumer Services, Business to Business Services(B2B), and Money Movement Services. The company generates maximum revenue from B2B segment. Its B2B Services segment consists of revenues and expenses derived from (i) its partnerships with prominent consumer and technology companies that make banking products and services available to their consumers, partners and workforce through integration with its banking platform (the "Banking-as-a-Service", or "BaaS channel"), and (ii) a comprehensive payroll platform that it offers to corporate enterprises (the "Employer channel") to facilitate payments for today's workforce.
Employees: 1,200
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
17% more capital invested
Capital invested by funds: $427M [Q2] → $500M (+$73.3M) [Q3]
9% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 67
5.4% less ownership
Funds ownership: 84.94% [Q2] → 79.53% (-5.4%) [Q3]
10% less funds holding
Funds holding: 195 [Q2] → 175 (-20) [Q3]
56% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 36
66% less call options, than puts
Call options by funds: $287K | Put options by funds: $836K
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Craig-Hallum George Sutton 79% 1-year accuracy 22 / 28 met price target | 3%upside $11 | Hold Maintained | 4 Oct 2024 |
Barclays Ramsey El-Assal 67% 1-year accuracy 37 / 55 met price target | 6%downside $10 | Underweight Maintained | 23 Sept 2024 |
Financial journalist opinion
