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TFS Financial Director Increases Stake with 5,000-Share Purchase
Anthony Asher, a director at TFS Financial, bought additional shares in the company, raising his direct ownership to over 49,000 shares.
Mar. 14, 2026 at 12:50pm
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TFS Financial Corporation (NASDAQ:TFSL) Director Anthony Asher purchased 5,000 shares of the company's stock on March 12, 2026, increasing his direct stake to 49,314 shares. The transaction was valued at $66,850, representing an 11.28% increase in Asher's position.
Why it matters
Insider buying activity can be a signal of management's confidence in a company's future prospects. Asher's purchase suggests he believes TFS Financial's stock is undervalued and has potential for growth, which could be of interest to investors.
The details
Asher acquired the 5,000 shares at an average price of $13.37 per share. Following the transaction, he now directly owns 49,314 shares of TFS Financial, valued at approximately $659,328. The company recently reported mixed quarterly results, missing estimates on both earnings and revenue.
- The shares were purchased on Thursday, March 12, 2026.
The players
Anthony Asher
A director of TFS Financial Corporation.
TFS Financial Corporation
A bank holding company for TFS Capital Bank, headquartered in Austin, Texas, that offers commercial banking and specialty finance solutions.
What’s next
The company's next quarterly dividend payment of $0.2825 per share is scheduled for March 25, 2026, with an ex-dividend date of March 11, 2026.
The takeaway
Insider buying activity, such as this purchase by Director Anthony Asher, can be a positive signal for investors, suggesting management's confidence in the company's future performance despite recent mixed financial results.
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