Laura Whitley Buys 500 Shares of Texas Capital Bancshares (NASDAQ:TCBI) Stock

Texas Capital Bancshares, Inc. (NASDAQ:TCBIGet Free Report) Director Laura Whitley purchased 500 shares of the business’s stock in a transaction dated Friday, January 23rd. The shares were bought at an average price of $97.56 per share, with a total value of $48,780.00. Following the purchase, the director directly owned 7,461 shares of the company’s stock, valued at approximately $727,895.16. The trade was a 7.18% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Texas Capital Bancshares Trading Up 1.3%

NASDAQ:TCBI opened at $98.87 on Thursday. The stock has a market capitalization of $4.51 billion, a price-to-earnings ratio of 14.54, a PEG ratio of 0.47 and a beta of 0.67. Texas Capital Bancshares, Inc. has a 1 year low of $59.37 and a 1 year high of $105.36. The stock has a fifty day moving average price of $94.24 and a two-hundred day moving average price of $88.19. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.00 and a current ratio of 1.00.

Texas Capital Bancshares (NASDAQ:TCBIGet Free Report) last released its quarterly earnings results on Thursday, January 22nd. The bank reported $2.08 earnings per share for the quarter, topping analysts’ consensus estimates of $1.78 by $0.30. Texas Capital Bancshares had a return on equity of 10.05% and a net margin of 16.52%.The business had revenue of $327.48 million for the quarter, compared to analysts’ expectations of $324.09 million. During the same quarter in the prior year, the firm posted $1.43 EPS. As a group, sell-side analysts anticipate that Texas Capital Bancshares, Inc. will post 5.84 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

TCBI has been the topic of several recent analyst reports. Hovde Group increased their target price on Texas Capital Bancshares from $93.00 to $102.00 and gave the stock a “market perform” rating in a research report on Tuesday. Citigroup increased their price objective on shares of Texas Capital Bancshares from $75.00 to $88.00 and gave the stock a “sell” rating in a report on Monday. Raymond James Financial boosted their target price on shares of Texas Capital Bancshares from $98.00 to $105.00 and gave the company an “outperform” rating in a report on Wednesday, January 7th. DA Davidson upped their price target on shares of Texas Capital Bancshares from $94.00 to $104.00 and gave the stock a “neutral” rating in a research report on Friday, January 23rd. Finally, Barclays lifted their price target on shares of Texas Capital Bancshares from $90.00 to $100.00 and gave the company an “underweight” rating in a report on Friday, January 23rd. Four analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $101.17.

Get Our Latest Report on TCBI

Institutional Investors Weigh In On Texas Capital Bancshares

A number of large investors have recently added to or reduced their stakes in TCBI. Danske Bank A S acquired a new position in shares of Texas Capital Bancshares in the 3rd quarter valued at approximately $25,000. Farther Finance Advisors LLC increased its stake in shares of Texas Capital Bancshares by 1,381.8% in the fourth quarter. Farther Finance Advisors LLC now owns 326 shares of the bank’s stock worth $30,000 after buying an additional 304 shares during the last quarter. Advisory Services Network LLC acquired a new stake in Texas Capital Bancshares in the third quarter valued at $32,000. Thurston Springer Miller Herd & Titak Inc. boosted its stake in Texas Capital Bancshares by 169.7% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 391 shares of the bank’s stock valued at $35,000 after acquiring an additional 246 shares during the last quarter. Finally, Cullen Frost Bankers Inc. acquired a new position in Texas Capital Bancshares during the 3rd quarter worth $39,000. 96.88% of the stock is owned by institutional investors and hedge funds.

Key Texas Capital Bancshares News

Here are the key news stories impacting Texas Capital Bancshares this week:

  • Positive Sentiment: Directors bought stock, signaling insider confidence — Director Laura L. Whitley disclosed two recent purchases (500 shares on Jan. 23 and 500 shares on Jan. 26 at roughly $97.5), increasing her stake; insider buying often supports near-term sentiment. Laura Whitley Form 4
  • Positive Sentiment: Another director added to holdings — Robert W. Stallings purchased 2,000 shares (filed Jan. 23), a modest increase to a large existing position; additional insider buys reinforce the buy-side narrative. Stallings insider purchase
  • Positive Sentiment: Analysts lifted targets this week — TD Cowen raised its target (to $110) and Hovde raised its target (to $102), and other shops have nudged targets higher, supporting upside expectations and improving sentiment among institutional investors. TD Cowen coverage
  • Neutral Sentiment: Valuation/expectations discussion — Coverage (Seeking Alpha) notes profitability is accelerating but says expectations have “kept up,” implying that improved fundamentals may already be priced in and limiting additional re-rating unless growth continues. Seeking Alpha article
  • Neutral Sentiment: Media/research attention may draw flows — Zacks and other outlets are highlighting TCBI as a momentum/value candidate; that can attract different investor groups but does not change fundamentals by itself. Zacks piece
  • Negative Sentiment: Mixed analyst stances and a consensus “Hold” cap upside — despite several target increases, coverage is mixed (buys, holds and some sells remain), and MarketBeat consensus stays at “Hold,” which could limit momentum if broader sentiment wavers. Analyst consensus / MarketBeat

About Texas Capital Bancshares

(Get Free Report)

Texas Capital Bancshares, Inc is a bank holding company headquartered in Dallas, Texas, operating through its wholly owned subsidiary, Texas Capital Bank. The company specializes in providing commercial banking services to middle-market companies, entrepreneurs, professional service firms, real estate developers, and not-for-profit organizations. Its broad range of offerings includes commercial lending, treasury and cash management, real estate finance, equipment finance, and energy lending, all designed to address the unique financial needs of businesses navigating growth and market challenges.

In addition to its core commercial banking capabilities, Texas Capital Bancshares delivers private banking and wealth management services for business owners and high-net-worth individuals.

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Insider Buying and Selling by Quarter for Texas Capital Bancshares (NASDAQ:TCBI)

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