Nicolet Bankshares, Inc. (NYSE:NIC - Get Free Report) Director Robert Bruce Atwell sold 7,609 shares of the firm's stock in a transaction that occurred on Tuesday, December 10th. The shares were sold at an average price of $113.00, for a total transaction of $859,817.00. Following the completion of the sale, the director now owns 32,831 shares in the company, valued at $3,709,903. This represents a 18.82 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Robert Bruce Atwell also recently made the following trade(s):
- On Thursday, December 5th, Robert Bruce Atwell sold 8,945 shares of Nicolet Bankshares stock. The shares were sold at an average price of $113.00, for a total value of $1,010,785.00.
- On Monday, December 2nd, Robert Bruce Atwell sold 3,446 shares of Nicolet Bankshares stock. The shares were sold at an average price of $113.00, for a total value 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 value 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 transaction 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 transaction 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 stock was sold at an average price of $103.22, for a total value of $300,163.76.
Nicolet Bankshares Stock Up 1.9 %
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Shares of NYSE:NIC opened at $114.33 on Thursday. The business's 50-day moving average is $105.81 and its 200-day moving average is $95.19. Nicolet Bankshares, Inc. has a 1 year low of $73.00 and a 1 year high of $116.17. The company has a market capitalization of $1.74 billion, a price-to-earnings ratio of 14.55 and a beta of 0.76. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.96 and a quick ratio of 0.96.
Nicolet Bankshares (NYSE:NIC - Get Free Report) last issued its quarterly earnings results on Tuesday, October 15th. The company reported $2.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.91 by $0.13. The firm had revenue of $91.24 million for the quarter, compared to analyst estimates of $86.50 million. Nicolet Bankshares had a return on equity of 10.56% and a net margin of 23.35%. Equities research analysts predict that Nicolet Bankshares, Inc. will post 7.61 earnings per share for the current year.
Nicolet Bankshares Announces Dividend
The business also recently announced 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. This represents a $1.12 annualized dividend and a yield of 0.98%. The ex-dividend date of this dividend is Monday, December 2nd. Nicolet Bankshares's dividend payout ratio is presently 14.25%.
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 Nicolet Bankshares in the 2nd quarter valued at about $67,000. Quantbot Technologies LP acquired a new stake in Nicolet Bankshares in the third quarter valued at approximately $155,000. Virtu Financial LLC acquired a new stake in Nicolet Bankshares in the third quarter valued at approximately $264,000. Quest Partners LLC increased its holdings in shares of Nicolet Bankshares by 858.0% during the third quarter. Quest Partners LLC now owns 2,922 shares of the company's stock valued at $279,000 after acquiring an additional 2,617 shares in the last quarter. Finally, BNP Paribas Financial Markets raised its position in shares of Nicolet Bankshares by 31.0% during the third quarter. BNP Paribas Financial Markets now owns 4,269 shares of the company's stock worth $408,000 after purchasing an additional 1,010 shares during the period. 43.06% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of equities analysts have recently issued reports on NIC shares. Maxim Group raised their price objective on Nicolet Bankshares from $120.00 to $124.00 and gave the stock a "buy" rating in a research report on Thursday, October 17th. Keefe, Bruyette & Woods increased their target price on shares of Nicolet Bankshares from $100.00 to $110.00 and gave the company a "market perform" rating in a research report on Wednesday, December 4th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $112.00.
Get Our Latest Research Report on NIC
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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