Veritex Holdings Inc’s recent filing unveils that its Director Sughrue John unloaded Company’s shares for reported $0.51 million on Nov 11 ’24. In the deal valued at $30.25 per share,16,820 shares were sold. As a result of this transaction, Sughrue John now holds 62,643 shares worth roughly $1.47 million.
Then, Sughrue John sold 7,353 shares, generating $223,486 in total proceeds. Upon selling the shares at $30.39, the Director now owns 0 shares.
Before that, Sughrue John bought 24,028 shares. Veritex Holdings Inc shares valued at $727,761 were divested by the Director at a price of $30.29 per share.
Raymond James downgraded its Veritex Holdings Inc [VBTX] rating to an Outperform from a a Strong buy in a research note published on April 02, 2025; the price target was decreased to $28 from $31. A number of analysts have revised their coverage, including Hovde Group’s analysts, who increased its forecast for the stock in late January from “a Market perform” to “an Outperform”. Keefe Bruyette also remained covering VBTX and has decreased its forecast on October 24, 2024 with a “Mkt perform” recommendation from previously “an Outperform” rating. Raymond James revised its rating on September 17, 2024. It rated VBTX as “a Strong buy” which previously was an “a Mkt perform”.
Price Performance Review of VBTX
On Tuesday, Veritex Holdings Inc [NASDAQ:VBTX] saw its stock fall -1.51% to $23.52. Over the last five days, the stock has gained 0.51%. Veritex Holdings Inc shares have fallen nearly -13.40% since the year began. Nevertheless, the stocks have risen 14.73% over the past one year. While a 52-week high of $31.62 was reached on 02/06/25, a 52-week low of $18.74 was recorded on 04/07/25. SMA at 50 days reached $23.71, while 200 days put it at $25.73.
Levels Of Support And Resistance For VBTX Stock
The 24-hour chart illustrates a support level at 23.38, which if violated will result in even more drops to 23.24. On the upside, there is a resistance level at 23.78. A further resistance level may holdings at 24.04. The Relative Strength Index (RSI) on the 14-day chart is 53.28, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.83, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 20.85%. Stochastics %K at 88.53% indicates the stock is a selling.
