TriState Capital Holdings, Inc. (NASDAQ:TSC) insider Brian S. Fetterolf purchased 1,560 shares of the business’s stock in a transaction that occurred on Thursday, August 17th. The stock was bought at an average cost of $21.54 per share, for a total transaction of $33,602.40. Following the acquisition, the insider now owns 85,090 shares in the company, valued at approximately $1,832,838.60. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

TriState Capital Holdings, Inc. (NASDAQ TSC) traded up 0.48% during mid-day trading on Friday, reaching $21.15. The company had a trading volume of 116,647 shares. The stock has a market capitalization of $606.26 million, a price-to-earnings ratio of 19.07 and a beta of 0.28. TriState Capital Holdings, Inc. has a 52-week low of $14.10 and a 52-week high of $26.30. The company’s 50 day moving average is $23.61 and its 200 day moving average is $23.74.

TriState Capital Holdings (NASDAQ:TSC) last announced its earnings results on Wednesday, July 19th. The financial services provider reported $0.29 EPS for the quarter, topping the consensus estimate of $0.28 by $0.01. The business had revenue of $33.75 million for the quarter, compared to the consensus estimate of $35.27 million. TriState Capital Holdings had a return on equity of 8.98% and a net margin of 19.80%. Equities analysts predict that TriState Capital Holdings, Inc. will post $1.19 earnings per share for the current year.

COPYRIGHT VIOLATION WARNING: “TriState Capital Holdings, Inc. (TSC) Insider Brian S. Fetterolf Buys 1,560 Shares” was posted by American Banking News and is the property of of American Banking News. If you are accessing this story on another site, it was illegally copied and republished in violation of international copyright law. The correct version of this story can be accessed at https://www.americanbankingnews.com/2017/08/18/tristate-capital-holdings-inc-tsc-insider-brian-s-fetterolf-buys-1560-shares.html.

A number of hedge funds and other institutional investors have recently bought and sold shares of TSC. Bank of America Corp DE increased its position in TriState Capital Holdings by 1.3% in the first quarter. Bank of America Corp DE now owns 5,140 shares of the financial services provider’s stock valued at $120,000 after buying an additional 67 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. purchased a new position in TriState Capital Holdings during the first quarter valued at about $207,000. Alliancebernstein L.P. purchased a new position in TriState Capital Holdings during the first quarter valued at about $219,000. Janney Montgomery Scott LLC purchased a new position in TriState Capital Holdings during the first quarter valued at about $234,000. Finally, 1st Global Advisors Inc. purchased a new position in TriState Capital Holdings during the second quarter valued at about $235,000. 57.35% of the stock is currently owned by hedge funds and other institutional investors.

Several analysts recently issued reports on the company. Zacks Investment Research downgraded TriState Capital Holdings from a “buy” rating to a “hold” rating in a report on Thursday, May 4th. Stephens reissued a “buy” rating and issued a $30.00 price target on shares of TriState Capital Holdings in a report on Thursday, July 20th. BidaskClub downgraded TriState Capital Holdings from a “sell” rating to a “strong sell” rating in a report on Saturday, August 12th. ValuEngine raised TriState Capital Holdings from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Finally, Maxim Group raised their price target on TriState Capital Holdings from $25.00 to $28.00 and gave the stock a “buy” rating in a report on Friday, April 21st. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $28.50.

About TriState Capital Holdings

TriState Capital Holdings, Inc is a bank holding company. The Company’s subsidiaries include TriState Capital Bank (the Bank), a Pennsylvania chartered bank; Chartwell Investment Partners, LLC (Chartwell), an investment advisor, and Chartwell TSC Securities Corp. (CTSC Securities). The Company operates through two segments: Bank and Investment Management.

Insider Buying and Selling by Quarter for TriState Capital Holdings (NASDAQ:TSC)

Receive News & Ratings for TriState Capital Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TriState Capital Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.