Nicolet Bankshares Inc. (NASDAQ:NCBS) EVP Michael E. Daniels sold 24,239 shares of Nicolet Bankshares stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $56.43, for a total value of $1,367,806.77. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Nicolet Bankshares (NASDAQ:NCBS) last released its quarterly earnings data on Tuesday, October 17th. The bank reported $0.91 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.81 by $0.10. Nicolet Bankshares had a net margin of 22.63% and a return on equity of 9.88%. The firm had revenue of $35.25 million for the quarter.

TRADEMARK VIOLATION NOTICE: This piece of content was first posted by American Banking News and is the sole property of of American Banking News. If you are viewing this piece of content on another publication, it was stolen and reposted in violation of United States & international copyright and trademark laws. The correct version of this piece of content can be read at https://www.americanbankingnews.com/2017/11/02/nicolet-bankshares-inc-ncbs-evp-michael-e-daniels-sells-24239-shares.html.

A number of large investors have recently bought and sold shares of NCBS. Banc Funds Co. LLC lifted its position in Nicolet Bankshares by 41.3% during the second quarter. Banc Funds Co. LLC now owns 372,262 shares of the bank’s stock valued at $20,366,000 after acquiring an additional 108,751 shares during the last quarter. The Manufacturers Life Insurance Company lifted its position in Nicolet Bankshares by 52.2% during the second quarter. The Manufacturers Life Insurance Company now owns 124,648 shares of the bank’s stock valued at $6,820,000 after acquiring an additional 42,732 shares during the last quarter. Systematic Financial Management LP lifted its position in Nicolet Bankshares by 63.3% during the second quarter. Systematic Financial Management LP now owns 58,020 shares of the bank’s stock valued at $3,174,000 after acquiring an additional 22,485 shares during the last quarter. Vanguard Group Inc. lifted its position in Nicolet Bankshares by 8.5% during the second quarter. Vanguard Group Inc. now owns 277,358 shares of the bank’s stock valued at $15,174,000 after acquiring an additional 21,826 shares during the last quarter. Finally, State Street Corp lifted its position in Nicolet Bankshares by 18.6% during the second quarter. State Street Corp now owns 138,922 shares of the bank’s stock valued at $7,599,000 after acquiring an additional 21,747 shares during the last quarter. 35.47% of the stock is owned by institutional investors.

Separately, Maxim Group lifted their target price on shares of Nicolet Bankshares from $59.00 to $65.00 and gave the company a “buy” rating in a report on Thursday, October 19th.

About Nicolet Bankshares

Nicolet Bankshares, Inc is a bank holding company. The Company conducts operations through its subsidiary, Nicolet National Bank (the Bank), which is a commercial bank. The Company also owns investment advisory firms, Brookfield Investment Partners, LLC, which provides investment strategy and transactional services to select community banks, and Nicolet Advisory Services, LLC, which conducts brokerage and financial advisory services primarily to individual consumers.

Insider Buying and Selling by Quarter for Nicolet Bankshares (NASDAQ:NCBS)

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