Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Veritex Holdings Inc shares valued at $508,819 were sold by Sughrue John on Nov 11 ’24. At $30.25 per share, Sughrue John sold 16,820 shares. The insider’s holdings dropped to 62,643 shares worth approximately $1.32 million following the completion of this transaction.
Also, Sughrue John sold 7,353 shares, netting a total of over 223,486 in proceeds. Following the sale of shares at $30.39 each, the insider now holds 0 shares.
Before that, Sughrue John had added 24,028 shares to its account. In a trade valued at $727,761, the Director bought Veritex Holdings Inc shares for $30.29 each.
As published in a research note from Raymond James on April 02, 2025, Veritex Holdings Inc [VBTX] has been rated down from a Strong buy to an Outperform and the price target has been revised to $28 from $31. Analysts at Hovde Group upgraded the stock from ‘”a Market perform”‘ to ‘”an Outperform”‘ outlook in a report released in late January. As of October 24, 2024, Keefe Bruyette has decreased its “an Outperform” rating to a “Mkt perform” for VBTX. Earlier on September 17, 2024, Raymond James upgraded its rating. Their new recommendation was “a Strong buy” for VBTX stock which previously was a “a Mkt perform”.
Analyzing VBTX Stock Performance
During the last five days, there has been a drop of approximately -5.78%. Over the course of the year, Veritex Holdings Inc shares have dropped approximately -22.53%. Shares of the company reached a 52-week high of $27.75 on 02/06/25 and a 52-week low of $20.37 on 04/07/25. A 50-day SMA is recorded $25.08, while a 200-day SMA reached $25.64.
Support And Resistance Levels for Veritex Holdings Inc (VBTX)
According to the 24-hour chart, there is a support level at 20.32, which, if violated, would cause prices to drop to 19.60. In the upper region, resistance lies at 22.16. The next price resistance is at 23.28. RSI (Relative Strength Index) is 31.67 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.85, which suggests the price will decrease in the coming days. Percent R is at 86.94%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
