Significant Insider Selling in Shares of Veritex Holdings (VBTX) Continues

Wednesday, November 15, 2017 10:15 PM ET

Significant Insider Selling in Shares of Veritex Holdings (VBTX) Continues

An insider — Ned N Fleming III, Director — sold 92,711 shares of Veritex Holdings having a market value of approximately $2,410,772 today, as indicated in a form 4 document filed with the SEC. There have been 3 insiders with buy/sell transactions in the past 90 days prior to this filing. These trades have resulted in the acquisition of 2,155 company shares and the sale of 351,089 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 441,645 shares and have averaged 111,489 shares per transaction over this time period.

Insider buy/sell trading at Veritex Holdings is higher than the 334 peer company average over the last 90-day period. The Banks peer group saw 329 buy/sell trades during this period for an average of 1.0 transactions per company. The number of shares per buy/sell trade for Veritex Holdings insiders was also higher. Within the peer group there were 530,738 shares purchased and 17,461,100 shares sold with company insiders having sold 51,460 shares on average.

The data sourced in creating and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

For more information, contact UpTick at info@uptickdata.com. Copyright 2017 UpTick Data Technologies. All rights reserved.

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