Texas capital

Insider Buying: Texas Capital Bancshares, Inc. (NASDAQ: TCBIO) Manager Buys 5,700 Shares

Texas Capital Bancshares, Inc. (NASDAQ:TCBIO – Get Rating) director Larry L. Helm bought 5,700 shares of the company in a trade on Monday, May 2. The shares were purchased at an average price of $52.25 per share, for a total transaction of $297,825.00. Following the transaction, the director now owns 77,858 shares of the company, valued at $4,068,080.50. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

NASDAQ:TCBIO shares traded down $0.08 during Tuesday’s trading, hitting $21.85. 11 shares of the company were traded, against an average volume of 20,352. Texas Capital Bancshares, Inc. has a 52-week low of $20.32 and a 52-week high of $28.90.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 15. Investors of record on Wednesday, June 1 will receive a dividend of $0.3594. The ex-dividend date is Tuesday, May 31. This represents a dividend of $1.44 on an annualized basis and a dividend yield of 6.58%.

Texas Capital Bancshares Company Profile (Get a rating)

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.

See also

Receive daily news and reviews for Texas Capital Bancshares – Enter your email address below to receive a concise daily summary of breaking news and analyst notes for Texas Capital Bancshares and related companies with MarketBeat.com’s free daily email newsletter.