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 that occurred on Thursday, August 28th. The stock was sold at an average price of $21.71, for a total value 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Bridge Capital Holdings (NASDAQ:BBNK) traded up 0.63% during mid-day trading on Thursday, hitting $22.19. 1,125 shares of the company’s stock traded hands. Bridge Capital Holdings has a one year low of $15.77 and a one year high of $25.12. The stock’s 50-day moving average is $21.98 and its 200-day moving average is $22.94. The company has a market cap of $327.9 million and a P/E ratio of 19.57.
Bridge Capital Holdings (NASDAQ:BBNK) last announced its earnings results 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. On average, analysts predict that Bridge Capital Holdings will post $1.12 earnings per share 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 investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company currently has an average rating of “Buy” and an average 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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