Headlines about Veritex Holdings (NASDAQ:VBTX) have trended somewhat negative recently, according to Accern. The research group ranks the sentiment of news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Veritex Holdings earned a news sentiment score of -0.03 on Accern’s scale. Accern also assigned news articles about the financial services provider an impact score of 47.0633277650489 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
A number of research analysts have recently commented on VBTX shares. Zacks Investment Research downgraded Veritex Holdings from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 25th. BidaskClub downgraded Veritex Holdings from a “hold” rating to a “sell” rating in a research report on Monday, July 31st. Stephens set a $32.00 target price on Veritex Holdings and gave the company a “buy” rating in a research report on Tuesday, August 8th. Finally, Piper Jaffray Companies restated a “neutral” rating and issued a $29.50 price target (up from $29.00) on shares of Veritex Holdings in a research report on Wednesday, August 9th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the company. Veritex Holdings has a consensus rating of “Hold” and a consensus price target of $31.83.
Shares of Veritex Holdings (VBTX) traded up $0.03 on Friday, reaching $26.41. The company had a trading volume of 72,120 shares, compared to its average volume of 97,100. The company has a market capitalization of $598.15, a P/E ratio of 26.56, a PEG ratio of 2.64 and a beta of 1.62. Veritex Holdings has a 12 month low of $18.74 and a 12 month high of $29.43. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.03 and a current ratio of 1.03.
In other Veritex Holdings news, insider Ned N. Fleming III sold 92,711 shares of the stock in a transaction on Wednesday, November 15th. The stock was sold at an average price of $26.00, for a total value of $2,410,486.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Michael Clayton Riebe bought 1,950 shares of Veritex Holdings stock in a transaction on Monday, September 11th. The stock was acquired at an average price of $25.19 per share, for a total transaction of $49,120.50. Following the purchase, the insider now owns 4,686 shares of the company’s stock, valued at $118,040.34. The disclosure for this purchase can be found here. Over the last 90 days, insiders sold 529,800 shares of company stock valued at $13,921,112. 6.90% of the stock is owned by corporate insiders.
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Veritex Holdings 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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