Texas capital

Insider Buying: Texas Capital Bancshares, Inc. (NASDAQ: TCBIO) Manager buys $133,861.00 in shares

Texas Capital Bancshares, Inc. (NASDAQ:TCBIO – Get Rating) Director Robert W. Stallings acquired 2,275 shares in a trade dated Tuesday, August 2. The shares were acquired at an average price of $58.84 per share, for a total transaction of $133,861.00. Following completion of the transaction, the administrator now directly owns 138,000 shares of the company, valued at $8,119,920. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Texas Capital Banc shares trade down 3.6%

Shares of Texas Capital Bancshares opened at $23.62 on Friday. The company has a 50-day simple moving average of $22.21. Texas Capital Bancshares, Inc. has a 52-week low of $20.32 and a 52-week high of $28.25.

Texas Capital Bancshares Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 15. Investors of record on Thursday, September 1 will receive a dividend of $0.3594. The ex-date of this dividend is Wednesday, August 31. This represents a dividend of $1.44 on an annualized basis and a dividend yield of 6.09%.

About Texas Capital Bancshares

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Texas Capital Bancshares, Inc. operates as a bank holding company for Texas Capital Bank, is a full-service financial services company that provides customized solutions to businesses, entrepreneurs and individuals. The Company offers commercial banking, retail banking, investment banking and wealth management.

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Insider buying and selling by quarter for Texas Capital Bancshares (NASDAQ:TCBIO)

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