Texas Capital Bancshares, Inc’s filing revealed that its Director STALLINGS ROBERT W acquired Company’s shares for reported $39800.0 on Mar 12 ’25. In the deal valued at $19.90 per share,2,000 shares were bought. As a result of this transaction, STALLINGS ROBERT W now holds 217,413 shares worth roughly $16.44 million.
Then, STALLINGS ROBERT W bought 1,000 shares, generating $20,400 in total proceeds. Upon buying the shares at $20.40, the Director now owns 218,413 shares.
Before that, STALLINGS ROBERT W bought 7,000 shares. Texas Capital Bancshares, Inc shares valued at $143,010 were divested by the Director at a price of $20.43 per share. As a result of the transaction, STALLINGS ROBERT W now holds 49,500 shares, worth roughly $3.74 million.
Hovde Group reiterated its Texas Capital Bancshares, Inc [TCBI] rating to a Market perform in a research note published on March 07, 2025; the price target was $84. A number of analysts have revised their coverage, including Hovde Group’s analysts, who remained covering the stock and in mid October has reiterated a ‘”a Market perform”‘ rating for it. Piper Sandler also remained covering TCBI and has decreased its forecast on October 18, 2024 with a “Neutral” recommendation from previously “an Overweight” rating. Hovde Group maintained its rating on September 23, 2024. It rated TCBI as “a Market perform”.
Price Performance Review of TCBI
On Monday, Texas Capital Bancshares, Inc [NASDAQ:TCBI] saw its stock jump 1.30% to $75.62. Over the last five days, the stock has gained 5.38%. Texas Capital Bancshares, Inc shares have fallen nearly -3.30% since the year began. Nevertheless, the stocks have risen 27.76% 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 03/11/25. SMA at 50 days reached $78.12, while 200 days put it at $72.84.
Levels Of Support And Resistance For TCBI Stock
The 24-hour chart illustrates a support level at 74.50, which if violated will result in even more drops to 73.38. On the upside, there is a resistance level at 76.22. A further resistance level may holdings at 76.82. The Relative Strength Index (RSI) on the 14-day chart is 47.28, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.96, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 46.02%. Stochastics %K at 36.71% indicates the stock is a holding.
How much short interest is there in Texas Capital Bancshares, Inc?
A steep rise in short interest was recorded in Texas Capital Bancshares, Inc stocks on 2025-02-28, dropping by -0.18 million shares to a total of 1.3 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 1.48 million shares. There was a decline of -13.94%, which implies that there is a negative sentiment for the stock.
