Texas Capital Bancshares Director James R. Holland, Jr. Sells 1,212 Shares (TCBI)
Texas Capital Bancshares (NASDAQ:TCBI) Director James R. Holland, Jr. sold 1,212 shares of Texas Capital Bancshares stock on the open market in a transaction that occurred on Thursday, August 7th. The shares were sold at an average price of $50.69, for a total transaction of $61,436.28. The sale was disclosed in a filing with the SEC, which is available at this link.
Shares of Texas Capital Bancshares (NASDAQ:TCBI) traded up 1.04% on Monday, hitting $51.46. 174,902 shares of the company’s stock traded hands. Texas Capital Bancshares has a one year low of $43.43 and a one year high of $67.08. The stock has a 50-day moving average of $52.6 and a 200-day moving average of $57.17. The company has a market cap of $2.218 billion and a price-to-earnings ratio of 18.81.
Texas Capital Bancshares (NASDAQ:TCBI) last issued its quarterly earnings data on Wednesday, July 23rd. The company reported $0.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.02. During the same quarter in the previous year, the company posted $0.52 earnings per share. On average, analysts predict that Texas Capital Bancshares will post $2.80 earnings per share for the current fiscal year.
Several analysts have recently commented on the stock. Analysts at Zacks reiterated an “underperform” rating on shares of Texas Capital Bancshares in a research note on Monday, August 4th. They now have a $46.00 price target on the stock. Separately, analysts at FBR Capital Markets cut their price target on shares of Texas Capital Bancshares from $67.00 to $58.00 in a research note on Monday, July 28th. They now have a “market perform” rating on the stock. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Texas Capital Bancshares in a research note on Thursday, July 24th. They now have a $61.00 price target on the stock, down previously from $63.00. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $61.23.
Texas Capital Bancshares, Inc, is a financial holding company. The Company is the parent of Texas Capital Bank, National Association (NASDAQ:TCBI).
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