Nicolet Bankshares, Inc. (NYSE:NIC - Get Free Report) EVP Brad Vincent Hutjens sold 6,000 shares of the stock in a transaction dated Wednesday, November 13th. The shares were sold at an average price of $115.30, for a total value of $691,800.00. Following the transaction, the executive vice president now owns 26,674 shares in the company, valued at $3,075,512.20. This trade represents a 18.36 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Brad Vincent Hutjens also recently made the following trade(s):
- On Friday, November 8th, Brad Vincent Hutjens sold 4,500 shares of Nicolet Bankshares stock. The stock was sold at an average price of $110.90, for a total value of $499,050.00.
- On Monday, November 11th, Brad Vincent Hutjens sold 9,000 shares of Nicolet Bankshares stock. The shares were sold at an average price of $112.35, for a total transaction of $1,011,150.00.
- On Wednesday, November 6th, Brad Vincent Hutjens sold 13,500 shares of Nicolet Bankshares stock. The stock was sold at an average price of $106.35, for a total transaction of $1,435,725.00.
- On Monday, October 28th, Brad Vincent Hutjens sold 4,560 shares of Nicolet Bankshares stock. The shares were sold at an average price of $102.85, for a total transaction of $468,996.00.
- On Friday, October 25th, Brad Vincent Hutjens sold 1,079 shares of Nicolet Bankshares stock. The stock was sold at an average price of $102.85, for a total value of $110,975.15.
- On Wednesday, October 23rd, Brad Vincent Hutjens sold 200 shares of Nicolet Bankshares stock. The stock was sold at an average price of $101.85, for a total value of $20,370.00.
Nicolet Bankshares Stock Up 0.0 %
NYSE:NIC traded up $0.05 on Friday, reaching $111.84. The stock had a trading volume of 33,068 shares, compared to its average volume of 43,110. The company has a 50-day moving average of $99.52 and a 200 day moving average of $91.02. The stock has a market cap of $1.70 billion, a P/E ratio of 14.11 and a beta of 0.75. Nicolet Bankshares, Inc. has a 12-month low of $72.70 and a 12-month high of $116.17. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.14.
Nicolet Bankshares (NYSE:NIC - Get Free Report) last released its quarterly earnings data on Tuesday, October 15th. The company reported $2.04 earnings per share for the quarter, topping analysts' consensus estimates of $1.91 by $0.13. Nicolet Bankshares had a net margin of 23.35% and a return on equity of 10.56%. The business had revenue of $91.24 million for the quarter, compared to analysts' expectations of $86.50 million. On average, research analysts predict that Nicolet Bankshares, Inc. will post 7.74 earnings per share for the current year.
Nicolet Bankshares Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, September 16th. Stockholders of record on Tuesday, September 3rd were issued a $0.28 dividend. The ex-dividend date was Tuesday, September 3rd. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.00%. Nicolet Bankshares's dividend payout ratio is 14.25%.
Analyst Ratings Changes
Several analysts recently commented on NIC shares. Stephens boosted their price target on Nicolet Bankshares from $90.00 to $110.00 and gave the stock an "equal weight" rating in a research report on Thursday, July 18th. Maxim Group boosted their target price on shares of Nicolet Bankshares from $120.00 to $124.00 and gave the stock a "buy" rating in a research note on Thursday, October 17th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, Nicolet Bankshares currently has an average rating of "Hold" and an average target price of $106.00.
Check Out Our Latest Stock Report on Nicolet Bankshares
Institutional Investors Weigh In On Nicolet Bankshares
A number of large investors have recently bought and sold shares of NIC. Rothschild Investment LLC bought a new stake in shares of Nicolet Bankshares in the second quarter worth about $67,000. EntryPoint Capital LLC raised its stake in Nicolet Bankshares by 97.3% in the first quarter. EntryPoint Capital LLC now owns 1,101 shares of the company's stock valued at $95,000 after purchasing an additional 543 shares in the last quarter. Quantbot Technologies LP acquired a new stake in Nicolet Bankshares in the third quarter valued at about $155,000. Blair William & Co. IL acquired a new position in shares of Nicolet Bankshares during the first quarter worth $201,000. Finally, ProShare Advisors LLC acquired a new stake in Nicolet Bankshares during the 1st quarter worth approximately $203,000. 43.06% of the stock is currently owned by institutional investors.
Nicolet Bankshares Company Profile
(
Get Free Report)
Nicolet Bankshares, Inc operates as the bank holding company for Nicolet National Bank that provides banking products and services for businesses and individuals in Wisconsin and Michigan. The company accepts checking, savings, and money market accounts; various certificates of deposit; and individual retirement accounts.
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