Veritex Holdings Inc (VBTX) Insider Michael Clayton Riebe Buys 1,775 Shares

Veritex Holdings Inc (NASDAQ:VBTX) insider Michael Clayton Riebe purchased 1,775 shares of the stock in a transaction on Monday, February 5th. The stock was acquired at an average cost of $28.38 per share, with a total value of $50,374.50. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Shares of Veritex Holdings Inc (NASDAQ VBTX) opened at $27.70 on Thursday. The firm has a market cap of $627.37, a price-to-earnings ratio of 31.84, a price-to-earnings-growth ratio of 1.47 and a beta of 1.53. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.03 and a quick ratio of 1.03. Veritex Holdings Inc has a one year low of $23.84 and a one year high of $29.43.

Several analysts have weighed in on the stock. Keefe, Bruyette & Woods assumed coverage on shares of Veritex in a research note on Tuesday, January 16th. They issued an “outperform” rating and a $33.00 price target for the company. Zacks Investment Research raised shares of Veritex from a “hold” rating to a “strong-buy” rating and set a $33.00 price target for the company in a research note on Saturday, January 13th. BidaskClub raised shares of Veritex from a “sell” rating to a “hold” rating in a research note on Wednesday, December 20th. Finally, Piper Jaffray Companies raised shares of Veritex from a “neutral” rating to an “overweight” rating in a research note on Thursday, February 1st. One analyst has rated the stock with a sell rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $32.30.

Several large investors have recently modified their holdings of the company. Swiss National Bank bought a new position in shares of Veritex during the fourth quarter valued at about $797,000. Lisanti Capital Growth LLC raised its stake in shares of Veritex by 41.6% during the fourth quarter. Lisanti Capital Growth LLC now owns 42,948 shares of the financial services provider’s stock valued at $1,185,000 after acquiring an additional 12,615 shares during the last quarter. Monarch Partners Asset Management LLC raised its stake in shares of Veritex by 15.3% during the fourth quarter. Monarch Partners Asset Management LLC now owns 22,780 shares of the financial services provider’s stock valued at $629,000 after acquiring an additional 3,030 shares during the last quarter. Northpointe Capital LLC raised its stake in shares of Veritex by 4.2% during the fourth quarter. Northpointe Capital LLC now owns 627,624 shares of the financial services provider’s stock valued at $17,316,000 after acquiring an additional 25,435 shares during the last quarter. Finally, Syntal Capital Partners LLC bought a new position in shares of Veritex during the fourth quarter valued at about $1,625,000. 62.10% of the stock is owned by hedge funds and other institutional investors.

COPYRIGHT VIOLATION WARNING: “Veritex Holdings Inc (VBTX) Insider Michael Clayton Riebe Buys 1,775 Shares” was originally posted by American Banking News and is the property of of American Banking News. If you are reading this report on another site, it was illegally stolen and republished in violation of United States & international copyright and trademark legislation. The original version of this report can be viewed at https://www.americanbankingnews.com/2018/02/08/veritex-holdings-inc-vbtx-insider-michael-clayton-riebe-buys-1775-shares.html.

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)

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

Leave a Reply