The stock of Veritex Holdings Inc (NASDAQ:VBTX) last traded at $26.58, down -0.49% from the previous session.
VBTX stock price is now -3.02% away from the 50-day moving average and 6.94% away from the 200-day moving average. The market capitalization of the company currently stands at $1.45B.
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With the price target maintained at $31.50, Hovde Group recently Upgraded its rating from Market Perform to Outperform for Veritex Holdings Inc (NASDAQ: VBTX)., while ‘Raymond James’ rates the stock as ‘Strong Buy’
In other news, Sughrue John, Director sold 16,820 shares of the company’s stock on Nov 11 ’24. The stock was sold for $508,819 at an average price of $30.25. Upon completion of the transaction, the Director now directly owns 62,643 shares in the company, valued at $1.67 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 11 ’24, Director Sughrue John sold 7,353 shares of the business’s stock. A total of $223,486 was realized by selling the stock at an average price of $30.39. A total of 4.37% of the company’s stock is owned by insiders.
During the past 12 months, Veritex Holdings Inc has had a low of $18.08 and a high of $31.62. The fifty day moving average price for VBTX is $27.4076 and a two-hundred day moving average price translates $24.8542 for the stock.
The latest earnings results from Veritex Holdings Inc (NASDAQ: VBTX) was released for 2024-12-31. The net profit margin was 13.47% and return on equity was 6.85% for VBTX. The company reported revenue of $196.66 million for the quarter, compared to $187.12 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 5.1 percent.
