Veritex Holdings, Inc. (NASDAQ:VBTX) insider Ned N. Fleming III sold 12,370 shares of the firm’s stock in a transaction dated Tuesday, December 12th. The stock was sold at an average price of $27.21, for a total value of $336,587.70. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Veritex Holdings, Inc. (NASDAQ:VBTX) traded up $1.01 during trading hours on Friday, hitting $28.12. The stock had a trading volume of 211,425 shares, compared to its average volume of 91,279. Veritex Holdings, Inc. has a fifty-two week low of $23.84 and a fifty-two week high of $29.43. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.03 and a quick ratio of 1.03. The company has a market cap of $620.12, a PE ratio of 27.94, a PEG ratio of 2.78 and a beta of 1.62.

Veritex (NASDAQ:VBTX) last released its quarterly earnings data on Monday, October 23rd. The financial services provider reported $0.28 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.30 by ($0.02). Veritex had a net margin of 21.85% and a return on equity of 5.30%. The business had revenue of $21.11 million for the quarter, compared to the consensus estimate of $20.80 million. equities analysts anticipate that Veritex Holdings, Inc. will post 0.99 earnings per share for the current year.

Several large investors have recently added to or reduced their stakes in VBTX. Northpointe Capital LLC lifted its holdings in shares of Veritex by 72.4% during the 3rd quarter. Northpointe Capital LLC now owns 602,189 shares of the financial services provider’s stock valued at $16,235,000 after purchasing an additional 252,803 shares in the last quarter. Jacobs Asset Management LLC lifted its holdings in shares of Veritex by 66.2% during the 3rd quarter. Jacobs Asset Management LLC now owns 510,166 shares of the financial services provider’s stock valued at $13,754,000 after purchasing an additional 203,177 shares in the last quarter. Kennedy Capital Management Inc. lifted its holdings in shares of Veritex by 76.6% during the 2nd quarter. Kennedy Capital Management Inc. now owns 331,285 shares of the financial services provider’s stock valued at $8,723,000 after purchasing an additional 143,718 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Veritex by 60.7% during the 3rd quarter. Dimensional Fund Advisors LP now owns 318,923 shares of the financial services provider’s stock valued at $8,598,000 after purchasing an additional 120,436 shares in the last quarter. Finally, Banc Funds Co. LLC lifted its holdings in shares of Veritex by 21.6% during the 2nd quarter. Banc Funds Co. LLC now owns 596,442 shares of the financial services provider’s stock valued at $15,704,000 after purchasing an additional 106,000 shares in the last quarter. Institutional investors and hedge funds own 65.78% of the company’s stock.

Separately, Zacks Investment Research cut Veritex from a “hold” rating to a “sell” rating in a report on Friday, October 27th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and two have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $31.83.

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About Veritex

Veritex Holdings, Inc is a bank holding company. The Company, through its subsidiary, Veritex Community Bank (the Bank), a Texas state chartered bank, provides relationship-driven commercial banking products and services tailored to meet the needs of small to medium-sized businesses and professionals.

Insider Buying and Selling by Quarter for Veritex (NASDAQ:VBTX)

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