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Tristate Capital Holdings (NYSE:TSC) CFO Mark L. Sullivan acquired 2,500 shares of Tristate Capital Holdings stock on the open market in a transaction dated Tuesday, July 29th. The stock was purchased at an average cost of $9.87 per share, for a total transaction of $24,675.00. Following the transaction, the chief financial officer now directly owns 100,045 shares in the company, valued at approximately $987,444. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Shares of Tristate Capital Holdings (NYSE:TSC) traded up 0.31% on Friday, hitting $9.82. 19,066 shares of the company’s stock traded hands. Tristate Capital Holdings has a 1-year low of $9.16 and a 1-year high of $14.91. The stock has a 50-day moving average of $13.23 and a 200-day moving average of $13.55. The company has a market cap of $282.0 million and a price-to-earnings ratio of 27.04.

Tristate Capital Holdings (NYSE:TSC) last released its earnings data on Thursday, July 24th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by $0.15. Analysts expect that Tristate Capital Holdings will post $0.51 EPS for the current fiscal year.

A number of research firms have recently commented on TSC. Analysts at Zacks downgraded shares of Tristate Capital Holdings from a “neutral” rating to an “underperform” rating in a research note on Monday. They now have a $9.70 price target on the stock. Separately, analysts at Macquarie upgraded shares of Tristate Capital Holdings from a “neutral” rating to an “outperform” rating in a research note on Friday, July 25th. Finally, analysts at Stephens downgraded shares of Tristate Capital Holdings from an “overweight” rating to an “equal weight” rating in a research note on Thursday, July 24th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company’s stock. Tristate Capital Holdings has an average rating of “Hold” and a consensus price target of $12.07.

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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