The EVP & CFO of Discover Financial Services (NYSE: DFS) is Selling Shares

By Carrie Williams

Yesterday, the EVP & CFO of Discover Financial Services (NYSE: DFS), Mark R. Graf, sold shares of DFS for $1.1M.

Following Mark R. Graf’s last DFS Sell transaction on May 01, 2017, the stock climbed by 5.2%.

Based on Discover Financial Services’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $2.95 billion and quarterly net profit of $602 million. In comparison, last year the company earned revenue of $2.66 billion and had a net profit of $634 million. The company has a one-year high of $74.33 and a one-year low of $55.41. DFS’s market cap is $24.35B and the company has a P/E ratio of 11.43.

Based on 9 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $75.33, reflecting a -11.7% downside. One of the top 25 analysts, according to TipRanks.com, recently recommended Hold DFS with a $67 price target.

Mark R. Graf’s trades have generated a -8.4% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Discover Financial Services is a direct banking and payment services company. It operates through its subsidiaries, Discover Bank and Discover Home Loans, Inc. The company runs its business through two segments: Direct Banking and Payment Services.