Mar. 13, 2026 at 7:09pm
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TFS Financial Corporation (NASDAQ:TFSL) Director Anthony Asher acquired 5,000 shares of the company’s stock in a transaction on Thursday, March 12th. The shares were purchased at an average price of $13.37 per share, for a total transaction of $66,850.00. Following the purchase, the director now directly owns 49,314 shares of the company’s stock, valued at $659,328.18.
Why it matters
Insider buying is often seen as a positive signal, as it indicates that a company insider believes the stock is undervalued and has confidence in the company’s future performance. This transaction represents an 11.28% increase in the director’s ownership of TFS Financial stock.
The details
The transaction was disclosed in a filing with the Securities & Exchange Commission. TFS Financial is a bank holding company for TFS Capital Bank, headquartered in Austin, Texas. The company offers commercial banking and specialty finance solutions for small and mid-sized businesses.
The shares were purchased on Thursday, March 12th, 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 for small and mid-sized businesses.
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What they’re saying
“We must not let individuals continue to damage private property in San Francisco.”
— Robert Jenkins, San Francisco resident (San Francisco Chronicle)
The takeaway
This insider buying transaction suggests that a key director at TFS Financial believes the company’s stock is undervalued and has confidence in its future prospects. Insider buying can be seen as a positive signal for investors, as it indicates that those closest to the company’s operations see value in the stock at current levels.