Today, the Vice Chairman of Veritex (NASDAQ: VBTX), William C. Murphy, sold shares of VBTX for $972.8K.
Following William C. Murphy’s last VBTX Sell transaction on February 05, 2018, the stock climbed by 1.3%. In addition to William C. Murphy, one other VBTX executive reported Sell trades in the last month.
See today’s analyst top recommended stocks >>
Based on Veritex’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $36.51 million and quarterly net profit of $10.39 million. In comparison, last year the company earned revenue of $14.6 million and had a net profit of $3.1 million. The company has a one-year high of $29.69 and a one-year low of $23.84. VBTX’s market cap is $693.7M and the company has a P/E ratio of 26.37.
Based on 3 analyst ratings, the analyst consensus is Strong Buy with an average price target of $34.00, reflecting a -16.4% downside.
In the last 30 days, insiders have sold $972.8K worth of VBTX shares and purchased $27.12K worth of VBTX shares. The insider sentiment on Veritex has been positive according to 83 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. To subscribe to the DailyInsider visit this page.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Veritex Holdings, Inc. engages in the provision of commercial banking products and services to small to medium-sized businesses and professionals. It offers personal and business banking products; mortgages; and treasury services. The company was founded by Charles Malcolm Holland III in June 2009 and is headquartered in Dallas, TX.
