Equity BancShares Inc (NASDAQ:EQBK) Director Michael R. Downing sold 10,023 shares of the company’s stock in a transaction on Tuesday, December 5th. The shares were sold at an average price of $35.00, for a total transaction of $350,805.00. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Shares of Equity BancShares Inc (EQBK) traded down $0.53 during mid-day trading on Wednesday, hitting $34.55. 56,800 shares of the stock were exchanged, compared to its average volume of 46,500. Equity BancShares Inc has a 52 week low of $29.13 and a 52 week high of $38.03. The firm has a market cap of $429.17, a PE ratio of 19.49 and a beta of 1.02. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.70.

Hedge funds have recently made changes to their positions in the company. SG Americas Securities LLC acquired a new position in shares of Equity BancShares in the 3rd quarter valued at $109,000. Brandywine Global Investment Management LLC acquired a new position in shares of Equity BancShares in the 2nd quarter valued at $118,000. Metropolitan Life Insurance Co. NY acquired a new position in shares of Equity BancShares in the 1st quarter valued at $164,000. Wells Fargo & Company MN raised its stake in shares of Equity BancShares by 1.8% in the 2nd quarter. Wells Fargo & Company MN now owns 5,775 shares of the bank’s stock valued at $177,000 after buying an additional 103 shares in the last quarter. Finally, Nationwide Fund Advisors raised its stake in shares of Equity BancShares by 53.4% in the 2nd quarter. Nationwide Fund Advisors now owns 6,375 shares of the bank’s stock valued at $195,000 after buying an additional 2,218 shares in the last quarter. Institutional investors own 61.82% of the company’s stock.

Several equities analysts recently commented on EQBK shares. Keefe, Bruyette & Woods reiterated a “buy” rating and set a $41.00 target price on shares of Equity BancShares in a research note on Tuesday, October 3rd. Zacks Investment Research cut shares of Equity BancShares from a “hold” rating to a “sell” rating in a research note on Tuesday, October 31st. One analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $31.67.

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Equity BancShares Company Profile

Equity Bancshares, Inc is a bank holding company. The Company’s principal activity is the ownership and management of its subsidiary, Equity Bank (the Bank). The Bank provides a range of financial services primarily to businesses and business owners, as well as individuals through its network of over 30 branches located in Kansas and Missouri.

Insider Buying and Selling by Quarter for Equity BancShares (NASDAQ:EQBK)

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