Veritex Holdings, Inc. (VBTX) Insider Ned N. Fleming III Sells 12,370 Shares of Stock
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.
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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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.
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