Bridge Capital Holdings Director Lawrence Owen Brown Sells 1,000 Shares (BBNK)
Bridge Capital Holdings (NASDAQ:BBNK) Director Lawrence Owen Brown sold 1,000 shares of the company’s stock on the open market in a transaction dated Thursday, August 28th. The stock was sold at an average price of $21.71, for a total transaction of $21,710.00. Following the sale, the director now directly owns 19,627 shares of the company’s stock, valued at approximately $426,102. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Shares of Bridge Capital Holdings (NASDAQ:BBNK) traded down 1.43% during mid-day trading on Tuesday, hitting $22.05. The stock had a trading volume of 11,026 shares. Bridge Capital Holdings has a 1-year low of $15.77 and a 1-year high of $25.12. The stock’s 50-day moving average is $22.00 and its 200-day moving average is $22.95. The company has a market cap of $325.9 million and a P/E ratio of 19.85.
Bridge Capital Holdings (NASDAQ:BBNK) last released its earnings data on Tuesday, July 22nd. The company reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by $0.02. Analysts expect that Bridge Capital Holdings will post $1.12 EPS for the current fiscal year.
Separately, analysts at DA Davidson reiterated a “buy” rating on shares of Bridge Capital Holdings in a research note on Wednesday, July 23rd. They now have a $27.50 price target on the stock, up previously from $26.00. Two research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $26.25.
Bridge Capital Holdings is a bank holding company. The Company is a holding company for its subsidiary, Bridge Bank, National Association (NASDAQ:BBNK).
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