Currently, there are 54.34M common shares owned by the public and among those 52.61M shares have been available to trade.
Insiders at the company have transacted a total of 64 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 55 of these insider trades were purchases, accounting for 123,885 shares. Insider sales of the common stock occurred on 9 occasions, with total insider shares sold totaling 25,639 shares.
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However, the script later moved the day high at 21.05, down -2.24%. The company’s stock has a 5-day price change of 1.53% and 3.58% over the past three months. VBTX shares are trading -11.82% year to date (YTD), with the 12-month market performance down to -28.28% lower. It has a 12-month low price of $14.88 and touched a high of $28.36 over the same period. VBTX has an average intraday trading volume of 403.03K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -2.29%, -6.36%, and 5.48% respectively.
Institutional ownership of Veritex Holdings Inc (NASDAQ: VBTX) shares accounts for 88.47% of the company’s 54.34M shares outstanding.
It has a market capitalization of $1.11B and a beta (3y monthly) value of 1.35. The stock’s trailing 12-month PE ratio is 10.36, while the earnings-per-share (ttm) stands at $1.98. The company has a PEG of 1.48 and the debt-to-equity ratio at 0.22. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.46% over the week and 3.91% over the month.
Analysts forecast that Veritex Holdings Inc (VBTX) will achieve an EPS of $0.58 for the current quarter, $0.55 for the next quarter and $2.28 for 2025. The lowest estimate earnings-per-share for the quarter is $0.56 while analysts give the company a high EPS estimate of $0.62. Comparatively, EPS for the current quarter was $0.79 a year ago. Earnings per share for the fiscal year are expected to increase by 12.37%, and 2.47% over the next financial year. EPS should grow at an annualized rate of 7.00% over the next five years, compared to 4.36% over the past 5-year period.
Looking at the support for the VBTX, a number of firms have released research notes about the stock. Hovde Group stated their Market Perform rating for the stock in a research note on July 05, 2023, with the firm’s price target at $20.50.
