Nicolet Bankshares, Inc. (NYSE:NIC - Get Free Report) Director Robert Bruce Atwell sold 6,192 shares of the business's stock in a transaction on Wednesday, April 23rd. The stock was sold at an average price of $115.85, for a total value of $717,343.20. Following the transaction, the director now directly owns 33,816 shares of the company's stock, valued at $3,917,583.60. This trade represents a 15.48 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.
Robert Bruce Atwell also recently made the following trade(s):
- On Monday, February 24th, Robert Bruce Atwell sold 3,102 shares of Nicolet Bankshares stock. The shares were sold at an average price of $117.65, for a total value of $364,950.30.
- On Wednesday, February 12th, Robert Bruce Atwell sold 3,975 shares of Nicolet Bankshares stock. The stock was sold at an average price of $118.08, for a total transaction of $469,368.00.
- On Wednesday, January 29th, Robert Bruce Atwell sold 150 shares of Nicolet Bankshares stock. The shares were sold at an average price of $110.05, for a total transaction of $16,507.50.
Nicolet Bankshares Price Performance
NIC stock opened at $115.67 on Friday. The company has a market capitalization of $1.76 billion, a P/E ratio of 14.40 and a beta of 0.69. The company has a fifty day moving average price of $111.55 and a 200-day moving average price of $109.42. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.96 and a current ratio of 0.96. Nicolet Bankshares, Inc. has a 52-week low of $76.01 and a 52-week high of $121.52.
Nicolet Bankshares (NYSE:NIC - Get Free Report) last announced its earnings results on Tuesday, April 15th. The company reported $2.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.96 by $0.14. Nicolet Bankshares had a return on equity of 10.95% and a net margin of 23.83%. The business had revenue of $89.43 million during the quarter, compared to analyst estimates of $70.08 million. As a group, equities analysts expect that Nicolet Bankshares, Inc. will post 8.18 EPS for the current year.
Nicolet Bankshares Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 10th were issued a $0.28 dividend. This represents a $1.12 annualized dividend and a yield of 0.97%. The ex-dividend date of this dividend was Monday, March 10th. Nicolet Bankshares's payout ratio is presently 13.51%.
Institutional Trading of Nicolet Bankshares
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. KBC Group NV acquired a new position in shares of Nicolet Bankshares in the 1st quarter worth approximately $95,000. Diversified Trust Co bought a new position in Nicolet Bankshares during the first quarter worth $239,000. SG Americas Securities LLC acquired a new position in Nicolet Bankshares in the first quarter valued at $405,000. Vest Financial LLC bought a new stake in Nicolet Bankshares during the first quarter valued at $1,642,000. Finally, GAMMA Investing LLC boosted its position in Nicolet Bankshares by 20,603.3% during the first quarter. GAMMA Investing LLC now owns 6,211 shares of the company's stock valued at $677,000 after acquiring an additional 6,181 shares during the last quarter. Institutional investors and hedge funds own 43.06% of the company's stock.
Wall Street Analysts Forecast Growth
NIC has been the topic of a number of research reports. Maxim Group boosted their target price on shares of Nicolet Bankshares from $124.00 to $131.00 and gave the stock a "buy" rating in a research note on Thursday, January 23rd. Keefe, Bruyette & Woods boosted their price objective on Nicolet Bankshares from $115.00 to $118.00 and gave the stock a "market perform" rating in a research report on Thursday, April 17th. Finally, Piper Sandler dropped their target price on Nicolet Bankshares from $120.00 to $118.00 and set a "neutral" rating for the company in a research report on Wednesday, April 16th.
Check Out Our Latest Analysis 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.
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