Esquire Financial Holdings Inc (NASDAQ:ESQ) Director Richard T. Powers sold 1,500 shares of the business’s stock in a transaction on Wednesday, September 19th. The stock was sold at an average price of $25.47, for a total value of $38,205.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Shares of Esquire Financial stock traded up $0.11 on Friday, reaching $24.48. 9,710 shares of the company were exchanged, compared to its average volume of 22,359. The firm has a market capitalization of $185.85 million, a PE ratio of 28.05 and a beta of 0.86. Esquire Financial Holdings Inc has a fifty-two week low of $15.22 and a fifty-two week high of $29.45.
Esquire Financial (NASDAQ:ESQ) last announced its earnings results on Wednesday, July 25th. The company reported $0.29 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.29. The company had revenue of $8.62 million for the quarter. Esquire Financial had a return on equity of 7.89% and a net margin of 19.08%.
A number of analysts have recently commented on ESQ shares. Sandler O’Neill set a $27.00 price objective on Esquire Financial and gave the stock a “hold” rating in a research note on Wednesday, July 25th. ValuEngine downgraded Esquire Financial from a “buy” rating to a “hold” rating in a research note on Tuesday, August 7th.
Several institutional investors have recently made changes to their positions in the company. Wasatch Advisors Inc. raised its position in shares of Esquire Financial by 14.9% during the second quarter. Wasatch Advisors Inc. now owns 326,620 shares of the company’s stock worth $8,620,000 after purchasing an additional 42,424 shares during the period. BlackRock Inc. raised its position in shares of Esquire Financial by 1,795.3% during the second quarter. BlackRock Inc. now owns 263,709 shares of the company’s stock worth $6,959,000 after purchasing an additional 249,795 shares during the period. Grandeur Peak Global Advisors LLC raised its position in shares of Esquire Financial by 22.5% during the second quarter. Grandeur Peak Global Advisors LLC now owns 164,520 shares of the company’s stock worth $4,342,000 after purchasing an additional 30,175 shares during the period. TCW Group Inc. raised its position in shares of Esquire Financial by 4.7% during the first quarter. TCW Group Inc. now owns 152,916 shares of the company’s stock worth $3,731,000 after purchasing an additional 6,926 shares during the period. Finally, Bank of New York Mellon Corp raised its position in shares of Esquire Financial by 89.0% during the second quarter. Bank of New York Mellon Corp now owns 29,014 shares of the company’s stock worth $765,000 after purchasing an additional 13,663 shares during the period. 42.40% of the stock is currently owned by institutional investors.
About Esquire Financial
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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