Discover Financial Services (NYSE:DFS), saw an insider lower his position with the company today. Director Michael H. Moskow sold 3,000 shares of common stock at an average price ranging from $62.35 to $62.36 per share. Following this transaction, Moskow now has 52,333 shares directly invested into the corporation.
A $28.56 billion market cap company, Discover Financial Services (NYSE:DFS) is a direct banking and payment services company. The Company is a bank holding company and a financial holding company. The Company offer credit cards, student loans, personal loans and deposit products through its Discover Bank subsidiary and home loans through its Discover Home Loans, Inc. subsidiary (Discover Home Loans).
As well, there are multiple hedge funds involved with the company. One of these is Columbus Circle Investors, the hedge fund run by Donald Chiboucis, which after reporting a 9% decrease in its activity last quarter now holds 3,274,408 shares worth about $190.5 million.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.