Microvast Holdings announces departure of chief financial officer
Lavonda Renfro, Chief Operating Officer of Veritex Holdings Inc (NASDAQ:VBTX), sold 52,411 shares of common stock on July 22, 2025, in a series of transactions valued at $1,729,314. The sales were executed at prices ranging from $32.3649 to $32.4501. The $1.74B market cap regional bank has shown strong momentum, delivering a 33.87% return over the past year.
On the same day, Renfro also exercised options to acquire a total of 49,311 shares of Veritex Holdings common stock at prices ranging from $16.21 to $29.13, for a total value of $1,270,719. According to InvestingPro analysis, the stock is currently undervalued, trading at an attractive P/E ratio of 15.14x. For deeper insights into VBTX’s valuation, discover 8+ additional exclusive ProTips and comprehensive financial metrics with InvestingPro.
Following these transactions, Renfro directly owns 60,209 shares of Veritex Holdings, Inc. Analyst price targets for the stock range from $27 to $39, reflecting varied outlooks on the company’s potential.
In other recent news, Veritex Holdings reported second-quarter earnings that exceeded analyst expectations, with adjusted earnings per share reaching $0.56, compared to the anticipated $0.54. Despite this earnings beat, revenue for the quarter was slightly below forecasts at $109.83 million, against a consensus estimate of $110.59 million, though it still showed an increase from the same period last year. In a separate development, 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 updates reflect recent developments surrounding Veritex Holdings, highlighting both financial performance and analyst perspectives.
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