Veritex (NASDAQ:VBTX – Get Free Report) will likely be releasing its earnings data after the market closes on Tuesday, January 28th. Analysts expect Veritex to post earnings of $0.56 per share and revenue of $112,222.50 billion for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.
Veritex Trading Up 0.6 %
NASDAQ VBTX opened at $26.49 on Friday. The stock has a market cap of $1.44 billion, a PE ratio of 16.98 and a beta of 1.38. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.14. Veritex has a 12 month low of $18.08 and a 12 month high of $31.62. The company’s 50-day moving average price is $28.10 and its 200-day moving average price is $26.19.
Insider Transactions at Veritex
In other news, CEO C Malcolm Holland III sold 12,777 shares of the stock in a transaction on Monday, October 28th. The stock was sold at an average price of $27.69, for a total transaction of $353,795.13. Following the completion of the sale, the chief executive officer now owns 224,132 shares in the company, valued at approximately $6,206,215.08. This represents a 5.39 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director John Sughrue sold 16,820 shares of the business’s stock in a transaction on Monday, November 11th. The stock was sold at an average price of $30.25, for a total value of $508,805.00. Following the transaction, the director now owns 62,643 shares in the company, valued at approximately $1,894,950.75. This trade represents a 21.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 4.60% of the company’s stock.
Analyst Ratings Changes
Get Our Latest Analysis on VBTX
Veritex Company Profile
Veritex Holdings, Inc operates as the bank holding company for Veritex Community Bank that provides various commercial banking products and services to small and medium-sized businesses, and professionals. The company accepts deposit products include demand, savings, money market, and time accounts. Its loan products include commercial real estate and general commercial, mortgage warehouse loans, residential real estate, construction and land, farmland, paycheck protection program, 1-4 family residential, agricultural, multi-family residential, and consumer loans, as well as purchased receivables financing.
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