Veritex Holdings Inc (NASDAQ:VBTX) insider Michael Clayton Riebe bought 1,775 shares of the stock in a transaction dated Monday, February 5th. The shares were bought at an average price of $28.38 per share, for a total transaction of $50,374.50. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Veritex Holdings Inc (NASDAQ:VBTX) opened at $27.07 on Friday. The firm has a market capitalization of $667.85, a P/E ratio of 31.11, a PEG ratio of 1.49 and a beta of 1.53. Veritex Holdings Inc has a twelve month low of $23.84 and a twelve month high of $29.43. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.12.
Several brokerages have recently weighed in on VBTX. BidaskClub upgraded Veritex from a “sell” rating to a “hold” rating in a report on Wednesday, December 20th. Piper Jaffray Companies upgraded Veritex from a “neutral” rating to an “overweight” rating in a report on Thursday, February 1st. Zacks Investment Research cut Veritex from a “hold” rating to a “sell” rating in a report on Friday, October 27th. Finally, Keefe, Bruyette & Woods began coverage on Veritex in a report on Tuesday, January 16th. They set an “outperform” rating and a $33.00 target price on the stock. One research analyst has rated the stock with a sell rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $32.30.
Veritex Company Profile
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.
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