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Veritex Holdings, Inc. (NASDAQ:VBTX), a $1.76 billion market cap financial institution showing strong momentum with a 21.3% gain year-to-date, saw Director John Sughrue sell 5,669 shares of common stock on August 15, 2025, at a price of $32.0, totaling $181,408. The stock currently trades at a P/E ratio of 15.04, which InvestingPro analysis suggests represents an undervalued position relative to its Fair Value.
According to a Form 4 filing with the Securities and Exchange Commission, the transaction decreased Sughrue’s direct ownership to 50,652 shares of Veritex Holdings. The filing also indicates that Sughrue indirectly owns 760 shares through his son. For deeper insights into VBTX’s valuation metrics and additional ProTips, check out the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Veritex Holdings reported second-quarter earnings that exceeded analyst expectations, marking a notable development for the company. The bank achieved adjusted earnings per share of $0.56, surpassing the consensus estimate of $0.54. However, revenue for the quarter totaled $109.83 million, slightly below the forecasted $110.59 million, though it showed an increase from the same period last year. Additionally, Keefe, Bruyette & Woods raised their price target for Veritex Holdings from $30.00 to $37.00. This adjustment was influenced by the company’s achievement of its 1.0% return on assets target. The firm maintained a Market Perform rating for Veritex. These updates reflect recent developments surrounding Veritex Holdings.
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