Tristate Capital Holdings CEO Purchases $24,560 in Stock (TSC)
Tristate Capital Holdings (NYSE:TSC) CEO James Getz acquired 2,000 shares of the stock in a transaction that occurred on Monday, October 28th. The shares were purchased at an average price of $12.28 per share, for a total transaction of $24,560.00. Following the completion of the transaction, the chief executive officer now directly owns 490,209 shares in the company, valued at approximately $6,019,767. The acquisition was disclosed in a filing with the SEC, which is available at this link.
Separately, analysts at Keefe, Bruyette & Woods cut their price target on shares of Tristate Capital Holdings from $13.00 to $12.50 in a research note to investors on Friday. They now have a “market perform” rating on the stock.
Tristate Capital Holdings (NYSE:TSC) traded up 0.76% during mid-day trading on Monday, hitting $11.97. 31,132 shares of the company’s stock traded hands. Tristate Capital Holdings has a one year low of $11.74 and a one year high of $14.50. The stock’s 50-day moving average is $13.17 and its 200-day moving average is $13.25. The company has a market cap of $343.4 million and a price-to-earnings ratio of 29.85.
TriState Capital Holdings, Inc is a bank holding company. Its wholly owned bank subsidiary is TriState Capital Bank (NYSE:TSC), a commercial bank.
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