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.

Large investors have recently modified their holdings of the company. Highbridge Capital Management LLC bought a new position in Veritex in the third quarter worth about $513,000. Jacobs Asset Management LLC raised its stake in Veritex by 66.2% in the third quarter. Jacobs Asset Management LLC now owns 510,166 shares of the financial services provider’s stock worth $13,754,000 after buying an additional 203,177 shares in the last quarter. Castine Capital Management LLC raised its stake in Veritex by 7.8% in the third quarter. Castine Capital Management LLC now owns 362,565 shares of the financial services provider’s stock worth $9,774,000 after buying an additional 26,213 shares in the last quarter. Venturi Wealth Management LLC bought a new position in Veritex in the third quarter worth about $1,164,000. Finally, Allianz Asset Management GmbH raised its stake in Veritex by 10.9% in the third quarter. Allianz Asset Management GmbH now owns 41,727 shares of the financial services provider’s stock worth $1,125,000 after buying an additional 4,118 shares in the last quarter. 65.78% of the stock is owned by hedge funds and other institutional investors.

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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About Veritex

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.

Insider Buying and Selling by Quarter for Veritex (NASDAQ:VBTX)

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