Esquire Financial Holdings Inc (NASDAQ:ESQ) Director Richard T. Powers sold 3,000 shares of the business’s stock in a transaction that occurred on Thursday, November 8th. The stock was sold at an average price of $24.52, for a total value of $73,560.00. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
Esquire Financial stock traded up $0.24 during mid-day trading on Friday, hitting $25.05. The company’s stock had a trading volume of 8,359 shares, compared to its average volume of 14,021. The firm has a market cap of $178.85 million, a price-to-earnings ratio of 22.66 and a beta of 0.88. Esquire Financial Holdings Inc has a twelve month low of $15.96 and a twelve month high of $29.45.
Esquire Financial (NASDAQ:ESQ) last posted its quarterly earnings results on Thursday, October 25th. The company reported $0.33 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.33. The firm had revenue of $9.08 million for the quarter. Esquire Financial had a net margin of 19.14% and a return on equity of 9.50%.
Several equities research analysts recently commented on ESQ shares. Sandler O’Neill set a $27.00 target price on Esquire Financial and gave the stock a “hold” rating in a report on Wednesday, July 25th. ValuEngine cut Esquire Financial from a “buy” rating to a “hold” rating in a report on Tuesday, August 7th.
Institutional investors have recently bought and sold shares of the business. Keybank National Association OH grew its position in Esquire Financial by 33.3% in the second quarter. Keybank National Association OH now owns 15,049 shares of the company’s stock worth $397,000 after buying an additional 3,759 shares during the last quarter. Schwab Charles Investment Management Inc. acquired a new position in Esquire Financial in the second quarter worth approximately $296,000. Grandeur Peak Global Advisors LLC grew its position in Esquire Financial by 22.5% in the second quarter. Grandeur Peak Global Advisors LLC now owns 164,520 shares of the company’s stock worth $4,342,000 after buying an additional 30,175 shares during the last quarter. BlackRock Inc. grew its position in Esquire Financial by 1,795.3% in the second quarter. BlackRock Inc. now owns 263,709 shares of the company’s stock worth $6,959,000 after buying an additional 249,795 shares during the last quarter. Finally, Spark Investment Management LLC acquired a new position in Esquire Financial in the second quarter worth approximately $290,000. Hedge funds and other institutional investors own 42.38% of the company’s stock.
Esquire Financial Company Profile
Esquire Financial Holdings, Inc operates as the bank holding company for Esquire Bank, National Association that provides commercial banking products and services to law professionals, professional service firms, small to mid-sized businesses, and individuals in the United States. The company offers checking, savings, money market, and time deposits, as well as certificates of deposit.
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