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Director John Sughrue of Veritex Holdings, Inc. (NASDAQ:VBTX), a $1.76 billion market cap financial institution, recently sold 9,314 shares of common stock for approximately $298,144, according to a Form 4 filing with the Securities and Exchange Commission. The sales occurred on August 14, 2025, with the stock trading near its 52-week high of $33.69.
The transactions involved two separate sales. The first sale involved 7,652 shares sold at a weighted average price of $32.0154, with prices ranging from $31.96 to $32.085. The second sale consisted of 1,662 shares at a weighted average price of $31.9874, with prices ranging from $31.98 to $31.99. According to InvestingPro data, VBTX has shown strong momentum with a 20.51% return year-to-date.
Following the transactions, Sughrue directly owns 56,321 shares of Veritex Holdings. He also indirectly owns 760 shares through his son. InvestingPro analysis shows the stock trading at a P/E ratio of 15.07, with multiple positive indicators including strong three-month returns. Subscribers can access 6 additional ProTips and comprehensive valuation metrics in the Pro Research Report.
In other recent news, Veritex Holdings reported its second-quarter earnings, surpassing analyst expectations with adjusted earnings per share of $0.56, compared to the consensus estimate of $0.54. However, the company’s revenue came in slightly below forecasts at $109.83 million, against an expected $110.59 million, though it showed an increase from the same period last year. Additionally, Keefe, Bruyette & Woods raised its price target for Veritex Holdings from $30 to $37, maintaining a Market Perform rating. This adjustment was influenced by Veritex’s achievement of its 1.0% return on assets (ROA) target. These developments highlight the company’s financial performance and analyst perspectives, which are crucial for investors to consider.
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