TriState Capital Holdings, Inc. (NASDAQ:TSC) insider Brian S. Fetterolf purchased 1,560 shares of TriState Capital Holdings stock in a transaction dated Thursday, August 17th. The stock was bought at an average cost of $21.54 per share, with a total value of $33,602.40. Following the completion of the purchase, the insider now owns 85,090 shares in the company, valued at approximately $1,832,838.60. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link.

TriState Capital Holdings, Inc. (NASDAQ TSC) traded up 0.48% during mid-day trading on Friday, hitting $21.15. 116,647 shares of the company were exchanged. The stock has a market cap of $606.26 million, a P/E ratio of 19.07 and a beta of 0.28. TriState Capital Holdings, Inc. has a 12-month low of $14.10 and a 12-month high of $26.30. The company has a 50 day moving average of $23.50 and a 200 day moving average of $23.74.

TriState Capital Holdings (NASDAQ:TSC) last posted its quarterly earnings data on Wednesday, July 19th. The financial services provider reported $0.29 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.28 by $0.01. TriState Capital Holdings had a net margin of 19.80% and a return on equity of 8.98%. The company had revenue of $33.75 million for the quarter, compared to the consensus estimate of $35.27 million. On average, equities research analysts expect that TriState Capital Holdings, Inc. will post $1.19 earnings per share for the current fiscal year.

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Several hedge funds have recently bought and sold shares of TSC. State Street Corp increased its stake in TriState Capital Holdings by 5.9% in the fourth quarter. State Street Corp now owns 365,620 shares of the financial services provider’s stock worth $8,082,000 after buying an additional 20,347 shares during the period. Teachers Advisors LLC increased its stake in TriState Capital Holdings by 4.6% in the fourth quarter. Teachers Advisors LLC now owns 44,393 shares of the financial services provider’s stock worth $981,000 after buying an additional 1,932 shares during the period. Capital Impact Advisors LLC increased its stake in TriState Capital Holdings by 20.6% in the first quarter. Capital Impact Advisors LLC now owns 65,587 shares of the financial services provider’s stock worth $1,531,000 after buying an additional 11,212 shares during the period. Northpointe Capital LLC increased its stake in TriState Capital Holdings by 7.4% in the first quarter. Northpointe Capital LLC now owns 469,583 shares of the financial services provider’s stock worth $10,965,000 after buying an additional 32,315 shares during the period. Finally, Janney Montgomery Scott LLC acquired a new stake in TriState Capital Holdings during the first quarter worth about $234,000. Institutional investors own 57.35% of the company’s stock.

A number of brokerages have recently weighed in on TSC. ValuEngine raised shares of TriState Capital Holdings from a “hold” rating to a “buy” rating in a research note on Thursday, July 20th. BidaskClub lowered shares of TriState Capital Holdings from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 12th. Zacks Investment Research raised shares of TriState Capital Holdings from a “hold” rating to a “buy” rating and set a $28.00 price target for the company in a research note on Tuesday, April 25th. Stephens reiterated a “buy” rating and issued a $30.00 target price on shares of TriState Capital Holdings in a report on Thursday, July 20th. Finally, Maxim Group boosted their target price on shares of TriState Capital Holdings from $25.00 to $28.00 and gave the stock a “buy” rating in a report on Friday, April 21st. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $28.50.

About TriState Capital Holdings

TriState Capital Holdings, Inc is a bank holding company. The Company’s subsidiaries include TriState Capital Bank (the Bank), a Pennsylvania chartered bank; Chartwell Investment Partners, LLC (Chartwell), an investment advisor, and Chartwell TSC Securities Corp. (CTSC Securities). The Company operates through two segments: Bank and Investment Management.

Insider Buying and Selling by Quarter for TriState Capital Holdings (NASDAQ:TSC)

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