The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Texas Capital Bancshares, Inc shares valued at $143,010 were purchased by STALLINGS ROBERT W on Mar 04 ’25. At $20.43 per share, STALLINGS ROBERT W acquired 7,000 shares. The insider’s holdings grew to 49,500 shares worth approximately $3.57 million following the completion of this transaction.
Also, STALLINGS ROBERT W purchased 2,500 shares, netting a total of over 53,150 in proceeds. Following the buying of shares at $21.26 each, the insider now holds 42,500 shares.
Before that, STALLINGS ROBERT W had added 7,000 shares to its account. In a trade valued at $149,240, the Director bought Texas Capital Bancshares, Inc shares for $21.32 each. Upon closing the transaction, the insider’s holdings increased to 7,000 shares, worth approximately $15.54 million.
As published in a research note from Hovde Group on March 07, 2025, Texas Capital Bancshares, Inc [TCBI] has been retained to a Market perform and the price target has been revised to $84. Analysts at Hovde Group resumed the stock at ‘”a Market perform”‘ outlook in a report released in mid October. As of October 18, 2024, Piper Sandler has decreased its “an Overweight” rating to a “Neutral” for TCBI. Earlier on September 23, 2024, Hovde Group resumed its rating. Their recommendation was “a Market perform” for TCBI stock.
Analyzing TCBI Stock Performance
During the last five days, there has been a drop of approximately -4.03%. Over the course of the year, Texas Capital Bancshares, Inc shares have dropped approximately -7.72%. Shares of the company reached a 52-week high of $83.89 on 02/11/25 and a 52-week low of $70.23 on 03/11/25. A 50-day SMA is recorded $78.35, while a 200-day SMA reached $72.62.
Support And Resistance Levels for Texas Capital Bancshares, Inc (TCBI)
According to the 24-hour chart, there is a support level at 70.60, which, if violated, would cause prices to drop to 69.04. In the upper region, resistance lies at 73.37. The next price resistance is at 74.59. RSI (Relative Strength Index) is 33.56 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -4.38, which suggests the price will decrease in the coming days. Percent R is at 83.55%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
