Veritex Holdings Inc. (NASDAQ:VBTX) major shareholder Veritex Holdings L.P. Suntx sold 6,837 shares of the business’s stock in a transaction dated Tuesday, November 22nd. The shares were sold at an average price of $20.30, for a total value of $138,791.10. Following the completion of the transaction, the insider now directly owns 1,223,100 shares of the company’s stock, valued at approximately $24,828,930. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Veritex Holdings L.P. Suntx also recently made the following trade(s):

  • On Monday, November 21st, Veritex Holdings L.P. Suntx sold 2,991 shares of Veritex Holdings stock. The shares were sold at an average price of $20.20, for a total value of $60,418.20.
  • On Friday, November 18th, Veritex Holdings L.P. Suntx sold 7,798 shares of Veritex Holdings stock. The shares were sold at an average price of $20.45, for a total value of $159,469.10.
  • On Thursday, November 17th, Veritex Holdings L.P. Suntx sold 8,000 shares of Veritex Holdings stock. The shares were sold at an average price of $20.16, for a total value of $161,280.00.
  • On Wednesday, November 16th, Veritex Holdings L.P. Suntx sold 9,029 shares of Veritex Holdings stock. The shares were sold at an average price of $20.04, for a total value of $180,941.16.
  • On Tuesday, November 15th, Veritex Holdings L.P. Suntx sold 2,496 shares of Veritex Holdings stock. The shares were sold at an average price of $19.99, for a total value of $49,895.04.
  • On Monday, November 14th, Veritex Holdings L.P. Suntx sold 12,119 shares of Veritex Holdings stock. The shares were sold at an average price of $20.91, for a total value of $253,408.29.

Shares of Veritex Holdings Inc. (NASDAQ:VBTX) remained flat at $20.16 during trading on Thursday. 38,327 shares of the stock traded hands. The firm’s 50-day moving average is $18.57 and its 200-day moving average is $17.07. Veritex Holdings Inc. has a 12-month low of $12.35 and a 12-month high of $21.12. The stock has a market capitalization of $215.87 million, a price-to-earnings ratio of 18.68 and a beta of 1.52.

Veritex Holdings (NASDAQ:VBTX) last issued its quarterly earnings data on Tuesday, October 25th. The financial services provider reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.30 by $0.01. Veritex Holdings had a return on equity of 8.70% and a net margin of 23.77%. On average, equities research analysts expect that Veritex Holdings Inc. will post $1.14 EPS for the current year.

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

Separately, TheStreet upgraded Veritex Holdings from a “hold” rating to a “buy” rating in a research note on Monday, October 10th.

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About Veritex Holdings

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.

5 Day Chart for NASDAQ:VBTX

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