Esquire Financial Holdings, Inc. (NASDAQ:ESQ) Director Selig Zises Sells 8,000 Shares of Stock

Esquire Financial Holdings, Inc. (NASDAQ:ESQ) Director Selig Zises sold 8,000 shares of the business’s stock in a transaction on Tuesday, November 26th. The shares were sold at an average price of $76.77, for a total transaction of $614,160.00. Following the transaction, the director now owns 62,601 shares in the company, valued at approximately $4,805,878.77. This represents a 11.33 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Esquire Financial Stock Performance

Shares of NASDAQ ESQ opened at $78.50 on Thursday. The business’s 50-day simple moving average is $67.19 and its 200-day simple moving average is $57.91. Esquire Financial Holdings, Inc. has a 52 week low of $44.45 and a 52 week high of $80.00. The firm has a market cap of $653.20 million, a price-to-earnings ratio of 15.79 and a beta of 0.70.

Esquire Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Friday, November 15th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.76%. The ex-dividend date is Friday, November 15th. Esquire Financial’s dividend payout ratio is currently 12.07%.

Analysts Set New Price Targets

Several brokerages recently weighed in on ESQ. Piper Sandler reaffirmed an “overweight” rating and set a $75.00 price objective (up previously from $72.00) on shares of Esquire Financial in a research report on Friday, October 25th. Keefe, Bruyette & Woods downgraded shares of Esquire Financial from an “outperform” rating to a “market perform” rating and raised their price target for the company from $68.00 to $72.00 in a report on Wednesday, October 2nd.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Franklin Resources Inc. bought a new stake in Esquire Financial during the third quarter valued at about $252,000. Barclays PLC lifted its position in shares of Esquire Financial by 322.6% during the 3rd quarter. Barclays PLC now owns 10,308 shares of the company’s stock worth $672,000 after purchasing an additional 7,869 shares during the last quarter. Geode Capital Management LLC boosted its stake in Esquire Financial by 3.4% during the 3rd quarter. Geode Capital Management LLC now owns 182,259 shares of the company’s stock valued at $11,887,000 after purchasing an additional 6,025 shares during the period. State Street Corp grew its holdings in Esquire Financial by 8.5% in the 3rd quarter. State Street Corp now owns 144,344 shares of the company’s stock valued at $9,413,000 after buying an additional 11,345 shares during the last quarter. Finally, Wasatch Advisors LP increased its position in Esquire Financial by 0.8% in the 3rd quarter. Wasatch Advisors LP now owns 566,001 shares of the company’s stock worth $36,909,000 after buying an additional 4,426 shares during the period. Institutional investors own 54.66% of the company’s stock.

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 legal industry and small businesses, and commercial and retail customers in the United States. The company offers checking, savings, money market, and time deposits, as well as certificates of deposit.