Texas Capital Bancshares, Inc. (NASDAQ:TCBIO – Get Rating) saw a significant decline in short interest in the month of January. As of January 15th, there was short interest totalling 3,100 shares, a decline of 44.6% from the December 31st total of 5,600 shares. Based on an average daily trading volume, of 29,300 shares, the days-to-cover ratio is currently 0.1 days.
Texas Capital Bancshares Price Performance
Shares of NASDAQ TCBIO opened at $22.78 on Friday. The business has a 50 day simple moving average of $20.57 and a 200 day simple moving average of $21.35. Texas Capital Bancshares has a 52 week low of $18.80 and a 52 week high of $26.19.
Get
Texas Capital Bancshares alerts:
Texas Capital Bancshares Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 15th. Investors of record on Wednesday, March 1st will be paid a $0.3594 dividend. The ex-dividend date of this dividend is Tuesday, February 28th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 6.31%.
Insiders Place Their Bets
In other news, Director Robert W. Stallings bought 6,000 shares of the firm's stock in a transaction dated Tuesday, January 24th. The stock was acquired at an average cost of $22.14 per share, for a total transaction of $132,840.00. Following the completion of the purchase, the director now owns 26,000 shares of the company's stock, valued at $575,640. The acquisition was disclosed in a filing with the SEC, which is available through
the SEC website. In other news, Director Robert W. Stallings acquired 4,400 shares of the company's stock in a transaction that occurred on Monday, November 28th. The shares were acquired at an average price of $20.86 per share, with a total value of $91,784.00. Following the acquisition, the director now directly owns 13,400 shares in the company, valued at $279,524. The acquisition was disclosed in a document filed with the SEC, which can be accessed through
the SEC website. Also, Director Robert W. Stallings bought 6,000 shares of the firm's stock in a transaction that occurred on Tuesday, January 24th. The stock was bought at an average price of $22.14 per share, with a total value of $132,840.00. Following the transaction, the director now directly owns 26,000 shares in the company, valued at $575,640. The disclosure for this purchase can be found
here. Insiders acquired a total of 11,526 shares of company stock worth $247,631 over the last ninety days.
About Texas Capital Bancshares
(Get Rating)
Texas Capital Bancshares, Inc operates as the bank holding company for Texas Capital Bank, is a full-service financial services firm that delivers customized solutions to businesses, entrepreneurs, and individual customers. The company offers commercial banking, consumer banking, investment banking, and wealth management services.
Further Reading
- Get a free copy of the StockNews.com research report on Texas Capital Bancshares (TCBIO)
- PCE Indicates Slowdown In Spending, Economy Weakens
- Microsoft's Comeback Is Now Underway
- Can Amazon Recover Amid Tech Stock Sell-off?
- EVs, Robotics Among Growth Drivers As Chipmaker STMicro Gaps Up
- Does Oil Services Firm NOV Have Enough Energy To Maintain Rally?
Receive News & Ratings for Texas Capital Bancshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Texas Capital Bancshares and related companies with MarketBeat.com's FREE daily email newsletter.
(获取评级)