Nicolet Bankshares, Inc. (NYSE:NIC - Get Free Report) Director Robert Bruce Atwell sold 8,945 shares of Nicolet Bankshares stock in a transaction on Thursday, December 5th. The stock was sold at an average price of $113.00, for a total transaction of $1,010,785.00. Following the sale, the director now directly owns 32,831 shares in the company, valued at approximately $3,709,903. This trade represents a 21.41 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Robert Bruce Atwell also recently made the following trade(s):
- On Monday, December 2nd, Robert Bruce Atwell sold 3,446 shares of Nicolet Bankshares stock. The stock was sold at an average price of $113.00, for a total transaction of $389,398.00.
- On Thursday, November 7th, Robert Bruce Atwell sold 14 shares of Nicolet Bankshares stock. The stock was sold at an average price of $110.00, for a total transaction of $1,540.00.
- On Wednesday, October 30th, Robert Bruce Atwell sold 14,171 shares of Nicolet Bankshares stock. The stock was sold at an average price of $103.00, for a total value of $1,459,613.00.
- On Monday, October 28th, Robert Bruce Atwell sold 2,721 shares of Nicolet Bankshares stock. The stock was sold at an average price of $103.00, for a total value of $280,263.00.
- On Tuesday, October 22nd, Robert Bruce Atwell sold 2,500 shares of Nicolet Bankshares stock. The shares were sold at an average price of $101.01, for a total value of $252,525.00.
- On Friday, October 18th, Robert Bruce Atwell sold 2,908 shares of Nicolet Bankshares stock. The shares were sold at an average price of $103.22, for a total transaction of $300,163.76.
Nicolet Bankshares Stock Performance
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Shares of NIC stock opened at $111.52 on Friday. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.14. The firm has a fifty day moving average price of $104.30 and a 200 day moving average price of $94.25. The company has a market cap of $1.70 billion, a P/E ratio of 14.19 and a beta of 0.76. Nicolet Bankshares, Inc. has a 12 month low of $73.00 and a 12 month high of $116.17.
Nicolet Bankshares (NYSE:NIC - Get Free Report) last posted its earnings results on Tuesday, October 15th. The company reported $2.04 earnings per share for the quarter, topping the consensus estimate of $1.91 by $0.13. The firm had revenue of $91.24 million during the quarter, compared to analysts' expectations of $86.50 million. Nicolet Bankshares had a return on equity of 10.56% and a net margin of 23.35%. Sell-side analysts predict that Nicolet Bankshares, Inc. will post 7.61 earnings per share for the current fiscal year.
Nicolet Bankshares Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Monday, December 2nd will be paid a dividend of $0.28 per share. The ex-dividend date of this dividend is Monday, December 2nd. This represents a $1.12 annualized dividend and a yield of 1.00%. Nicolet Bankshares's dividend payout ratio is currently 14.25%.
Analyst Ratings Changes
A number of equities research analysts have recently weighed in on the company. Maxim Group lifted their price objective on Nicolet Bankshares from $120.00 to $124.00 and gave the company a "buy" rating in a research note on Thursday, October 17th. Keefe, Bruyette & Woods raised their price objective on shares of Nicolet Bankshares from $100.00 to $110.00 and gave the company a "market perform" rating in a research note on Wednesday. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $112.00.
Check Out Our Latest Report on NIC
Institutional Investors Weigh In On Nicolet Bankshares
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Virtu Financial LLC acquired a new stake in Nicolet Bankshares during the 3rd quarter worth $264,000. Geode Capital Management LLC grew its stake in Nicolet Bankshares by 1.6% during the 3rd quarter. Geode Capital Management LLC now owns 303,391 shares of the company's stock worth $29,019,000 after buying an additional 4,911 shares during the last quarter. Barclays PLC grew its stake in Nicolet Bankshares by 170.7% during the 3rd quarter. Barclays PLC now owns 23,978 shares of the company's stock worth $2,291,000 after buying an additional 15,121 shares during the last quarter. State Street Corp grew its stake in Nicolet Bankshares by 3.7% during the 3rd quarter. State Street Corp now owns 381,755 shares of the company's stock worth $36,507,000 after buying an additional 13,772 shares during the last quarter. Finally, PDT Partners LLC purchased a new position in Nicolet Bankshares during the 3rd quarter worth approximately $412,000. 43.06% of the stock is currently owned by institutional investors and hedge funds.
About Nicolet Bankshares
(
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.
Further Reading
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