Esquire Financial Holdings Inc (NASDAQ:ESQ) Director Richard T. Powers sold 1,500 shares of the stock in a transaction that occurred on Wednesday, September 19th. The stock was sold at an average price of $25.47, for a total value of $38,205.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Shares of ESQ traded up $0.11 during mid-day trading on Friday, reaching $24.48. The company had a trading volume of 9,710 shares, compared to its average volume of 22,359. Esquire Financial Holdings Inc has a twelve month low of $15.22 and a twelve month high of $29.45. The stock has a market cap of $185.85 million, a PE ratio of 28.05 and a beta of 0.86.
Esquire Financial (NASDAQ:ESQ) last issued its earnings results on Wednesday, July 25th. The company reported $0.29 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.29. Esquire Financial had a return on equity of 7.89% and a net margin of 19.08%. The business had revenue of $8.62 million during the quarter.
A number of brokerages have recently issued reports on ESQ. Sandler O’Neill raised Esquire Financial from a “hold” rating to a “buy” rating and set a $27.00 target price for the company in a report on Monday, August 13th. ValuEngine cut Esquire Financial from a “buy” rating to a “hold” rating in a report on Tuesday, August 7th.
Several institutional investors and hedge funds have recently modified their holdings of the company. Wasatch Advisors Inc. raised its holdings in shares of Esquire Financial by 14.9% in the 2nd quarter. Wasatch Advisors Inc. now owns 326,620 shares of the company’s stock worth $8,620,000 after buying an additional 42,424 shares in the last quarter. BlackRock Inc. grew its position in Esquire Financial by 1,795.3% during the 2nd quarter. BlackRock Inc. now owns 263,709 shares of the company’s stock worth $6,959,000 after acquiring an additional 249,795 shares during the last quarter. Grandeur Peak Global Advisors LLC grew its position in Esquire Financial by 22.5% during the 2nd quarter. Grandeur Peak Global Advisors LLC now owns 164,520 shares of the company’s stock worth $4,342,000 after acquiring an additional 30,175 shares during the last quarter. TCW Group Inc. grew its position in Esquire Financial by 4.7% during the 1st quarter. TCW Group Inc. now owns 152,916 shares of the company’s stock worth $3,731,000 after acquiring an additional 6,926 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its position in Esquire Financial by 89.0% during the 2nd quarter. Bank of New York Mellon Corp now owns 29,014 shares of the company’s stock worth $765,000 after acquiring an additional 13,663 shares during the last quarter. 42.40% of the stock is owned by institutional investors and hedge funds.
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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