Veritex Holdings, Inc. (VBTX) Files Form 4 Insider Selling : Veritex Holdings, L.p. Suntx Sells 300,000 Shares

Veritex Holdings, Inc. (VBTX): Veritex Holdings, L.p. Suntx , 10% owner of Veritex Holdings, Inc. sold 300,000 shares on Jun 30, 2016. The Insider selling transaction was reported by the company on Jul 5, 2016 to the Securities and Exchange Commission. The shares were sold at $15.74 per share for a total value of $4,651,127.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 10, 2016, Michael Clayton Riebe (Chief Credit Officer) purchased 1,000 shares at $15.45 per share price.On Apr 29, 2016, C Malcolm Iii Holland (CEO) purchased 3,250 shares at $15.48 per share price.Also, On Feb 10, 2016, Michael A Kowalski (director) purchased 5,000 shares at $13.30 per share price.On Feb 10, 2016, Jeff Kesler (Chief Lending Officer) purchased 2,990 shares at $13.22 per share price.

Veritex Holdings Inc: On Friday, Jul 1, 2016 heightened volatility was witnessed in Veritex Holdings Inc which led to swings in the share price. The shares opened for trading at $16.05 and hit $16.35 on the upside , eventually ending the session at $16.27, with a gain of 1.56% or 0.25 points. The heightened volatility saw the trading volume jump to 45,806 shares. The 52-week high of the share price is $17.95 and the company has a market cap of $174 M . The 52-week low of the share price is at $12.35.

Veritex Holdings Inc Money Flow Index Chart

Veritex Holdings Inc. is a bank holding company. The Company through its wholly owned 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. Its primary customers are small and medium-sized businesses and professionals. The Bank operates eight branches and one mortgage office all of which are located in the Dallas metropolitan area. The Bank provides a full range of banking services to individual and corporate customers which include commercial and retail lending and the acceptance of checking and savings deposits. The Bank also offers debit cards night depository direct deposit cashier’s checks and letters of credit as well as treasury management services including wire transfer services and automated clearinghouse services.

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