Veritex Holdings, Inc. (VBTX) Insider Ned N. Fleming III Sells 12,370 Shares
Veritex Holdings, Inc. (NASDAQ:VBTX) insider Ned N. Fleming III sold 12,370 shares of the company’s stock in a transaction dated Tuesday, December 12th. The shares were sold at an average price of $27.21, for a total transaction of $336,587.70. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.
Shares of Veritex Holdings, Inc. (NASDAQ VBTX) traded up $0.15 during trading hours on Wednesday, hitting $27.38. 97,417 shares of the stock traded hands, compared to its average volume of 90,746. The company has a market capitalization of $613.55, a P/E ratio of 27.64, a price-to-earnings-growth ratio of 2.75 and a beta of 1.62. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.12. Veritex Holdings, Inc. has a 52-week low of $22.57 and a 52-week high of $29.43.
Veritex (NASDAQ:VBTX) last issued its quarterly earnings data on Monday, October 23rd. The financial services provider reported $0.28 EPS for the quarter, missing the consensus estimate of $0.30 by ($0.02). The firm had revenue of $21.11 million for the quarter, compared to the consensus estimate of $20.80 million. Veritex had a net margin of 21.85% and a return on equity of 5.30%. equities research analysts expect that Veritex Holdings, Inc. will post 0.99 earnings per share for the current fiscal year.
Separately, Zacks Investment Research raised shares of Veritex from a “sell” rating to a “hold” rating in a research note on Thursday, October 5th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $31.83.
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Veritex Holdings, Inc is a bank holding company. The Company, through its subsidiary, Veritex Community Bank (the Bank), a Texas state chartered bank, provides relationship-driven commercial banking products and services tailored to meet the needs of small to medium-sized businesses and professionals.
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