Bridge Capital Holdings Director Unloads $267,400 in Stock (BBNK)
Bridge Capital Holdings (NASDAQ:BBNK) Director Barry A. Turkus unloaded 12,127 shares of the company’s stock in a transaction dated Wednesday, January 29th. The shares were sold at an average price of $22.05, for a total value of $267,400.35. Following the completion of the sale, the director now directly owns 55,441 shares of the company’s stock, valued at approximately $1,222,474. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Separately, analysts at Keefe, Bruyette & Woods raised their price target on shares of Bridge Capital Holdings from $19.00 to $23.00 in a research note to investors on Tuesday.
Bridge Capital Holdings (NASDAQ:BBNK) traded up 1.82% during mid-day trading on Thursday, hitting $22.40. 35,789 shares of the company’s stock traded hands. Bridge Capital Holdings has a 52 week low of $13.65 and a 52 week high of $23.18. The stock’s 50-day moving average is $20.28 and its 200-day moving average is $17.9. The company has a market cap of $324.5 million and a price-to-earnings ratio of 22.68.
Bridge Capital Holdings (NASDAQ:BBNK) last announced its earnings results on Thursday, January 23rd. The company reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.28 by $0.05. Analysts expect that Bridge Capital Holdings will post $1.18 EPS for the current fiscal year.
Bridge Capital Holdings is a bank holding company for its subsidiary, Bridge Bank, National Association (NASDAQ:BBNK).
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