Nicolet Bankshares Inc. (NASDAQ:NCBS) had its price objective lifted by Maxim Group from $51.00 to $54.00 in a research note issued to investors on Tuesday. They currently have a buy rating on the stock.
Shares of Nicolet Bankshares (NASDAQ:NCBS) traded down 0.06% during mid-day trading on Tuesday, reaching $48.31. The company had a trading volume of 6,478 shares. The firm has a 50-day moving average of $46.79 and a 200-day moving average of $40.67. Nicolet Bankshares has a 12-month low of $30.51 and a 12-month high of $48.50. The company has a market capitalization of $413.20 million and a P/E ratio of 20.38.
Nicolet Bankshares (NASDAQ:NCBS) last released its earnings results on Tuesday, January 17th. The company reported $0.68 EPS for the quarter, beating the Zacks’ consensus estimate of $0.62 by $0.07. Nicolet Bankshares had a return on equity of 8.50% and a net margin of 18.17%. On average, equities analysts anticipate that Nicolet Bankshares will post $3.01 earnings per share for the current fiscal year.
In other Nicolet Bankshares news, Chairman Robert Bruce Atwell sold 5,000 shares of the company’s stock in a transaction dated Monday, December 12th. The shares were sold at an average price of $44.12, for a total transaction of $220,600.00. Following the completion of the sale, the chairman now directly owns 78,007 shares in the company, valued at $3,441,668.84. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Michael E. Daniels sold 9,131 shares of the company’s stock in a transaction dated Thursday, December 8th. The shares were sold at an average price of $44.00, for a total transaction of $401,764.00. Following the sale, the executive vice president now owns 88,852 shares of the company’s stock, valued at $3,909,488. The disclosure for this sale can be found here. In the last three months, insiders sold 42,397 shares of company stock worth $1,794,549. 14.50% of the stock is owned by insiders.
About Nicolet Bankshares
Nicolet Bankshares, Inc is a bank holding company. The Company conducts operations through its subsidiary, Nicolet National Bank (the Bank), a commercial bank. The Bank is a service community bank, offering traditional banking products and services, and wealth management products and services to businesses and individuals in the markets it serves, delivered through a branch network serving northeast and central Wisconsin communities and Menominee, Michigan, as well as through online and mobile banking capabilities.