Published on 29 Jan 2024 on GuruFocus.com via Yahoo Finance
Director Laura Whitley Acquires 2,000 Shares of Texas Capital Bancshares Inc (TCBI)
Texas Capital Bancshares Inc (NASDAQ:TCBI), a financial holding company that offers a variety of banking services to commercial businesses, consumers, and wealth management clients, has reported an insider purchase by Director Laura Whitley. According to a recent SEC filing, the insider acquired 2,000 shares of the company on January 25, 2024.The transaction history of Laura Whitley over the past year indicates a bullish pattern, with the insider purchasing a total of 4,000 shares and not selling any shares.
The insider trend for Texas Capital Bancshares Inc shows a positive sentiment, with 22 insider buys and only 1 insider sell over the past year.On the valuation front, Texas Capital Bancshares Inc's shares were priced at $62.56 on the day of the insider's purchase, resulting in a market cap of $2.917 billion. The price-earnings ratio stands at 17.45, which is above both the industry median of 9.245 and the company's historical median.