Texas Capital Bancshares, Inc’s recently made public that its Director STALLINGS ROBERT W acquired Company’s shares for reported $53150.0 on Feb 21 ’25. In the deal valued at $21.26 per share,2,500 shares were bought. As a result of this transaction, STALLINGS ROBERT W now holds 42,500 shares worth roughly $3.18 million.
Then, STALLINGS ROBERT W bought 7,000 shares, generating $149,240 in total proceeds. Upon buying the shares at $21.32, the Director now owns 215,413 shares.
Before that, STALLINGS ROBERT W bought 7,000 shares. Texas Capital Bancshares, Inc shares valued at $147,700 were divested by the Director at a price of $21.10 per share. As a result of the transaction, STALLINGS ROBERT W now holds 202,413 shares, worth roughly $15.12 million.
Hovde Group reiterated its Texas Capital Bancshares, Inc [TCBI] rating to a Market perform in a research note published on October 18, 2024; the price target was $79. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who decreased its forecast for the stock in mid October from “an Overweight” to “a Neutral”. Hovde Group also remained covering TCBI and reiterated its “Market perform” recommendation on September 23, 2024. Raymond James revised its rating on September 17, 2024. It rated TCBI as “an Outperform” which previously was an “a Mkt perform”.
Price Performance Review of TCBI
On Tuesday, Texas Capital Bancshares, Inc [NASDAQ:TCBI] saw its stock fall -4.33% to $74.72. Over the last five days, the stock has lost -5.31%. Texas Capital Bancshares, Inc shares have fallen nearly -4.45% since the year began. Nevertheless, the stocks have risen 27.40% over the past one year. While a 52-week high of $91.80 was reached on 02/11/25, a 52-week low of $54.68 was recorded on 01/13/25. SMA at 50 days reached $78.92, while 200 days put it at $72.27.
Levels Of Support And Resistance For TCBI Stock
The 24-hour chart illustrates a support level at 72.49, which if violated will result in even more drops to 70.25. On the upside, there is a resistance level at 77.87. A further resistance level may holdings at 81.02. The Relative Strength Index (RSI) on the 14-day chart is 34.17, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.44, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 86.98%. Stochastics %K at 18.20% indicates the stock is a buying.
