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.

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