Selig Zises Sells 10,000 Shares of Esquire Financial Holdings, Inc. (NASDAQ:ESQ) Stock

Esquire Financial Holdings, Inc. (NASDAQ:ESQ) Director Selig Zises sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 22nd. The stock was sold at an average price of $47.76, for a total value of $477,600.00. Following the sale, the director now directly owns 115,033 shares in the company, valued at $5,493,976.08. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Selig Zises also recently made the following trade(s):

• On Monday, March 4th, Selig Zises sold 12,000 shares of Esquire Financial stock. The stock was sold at an average price of $49.84, for a total value of $598,080.00.

Esquire Financial Trading Up 0.1 %

Shares of NASDAQ ESQ traded up $0.07 during trading hours on Friday, reaching $46.85. The stock had a trading volume of 11,120 shares, compared to its average volume of 38,880. The firm has a market cap of $388.53 million, a price-to-earnings ratio of 10.08 and a beta of 0.77. The business’s fifty day moving average price is $47.43 and its two-hundred day moving average price is $48.20. Esquire Financial Holdings, Inc. has a 52-week low of $41.12 and a 52-week high of $54.80.

Esquire Financial (NASDAQ:ESQ) last announced its quarterly earnings results on Thursday, April 25th. The company reported $1.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.18 by $0.02. The firm had revenue of $29.25 million during the quarter, compared to analyst estimates of $29.04 million. Esquire Financial had a return on equity of 20.20% and a net margin of 31.50%. Equities research analysts anticipate that Esquire Financial Holdings, Inc. will post 4.95 earnings per share for the current fiscal year.

Esquire Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Wednesday, May 15th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.28%. The ex-dividend date of this dividend is Tuesday, May 14th. Esquire Financial’s dividend payout ratio (DPR) is 12.90%.

Analyst Upgrades and Downgrades

ESQ has been the topic of several analyst reports. Piper Sandler boosted their price objective on Esquire Financial from $60.00 to $61.00 and gave the stock an “overweight” rating in a research note on Monday, April 29th. Keefe, Bruyette & Woods boosted their target price on Esquire Financial from $58.00 to $65.00 and gave the company an “outperform” rating in a research report on Friday, January 26th.

Hedge Funds Weigh In On Esquire Financial

Large investors have recently bought and sold shares of the business. Allspring Global Investments Holdings LLC bought a new position in Esquire Financial in the first quarter worth approximately $42,000. SG Americas Securities LLC acquired a new position in shares of Esquire Financial during the fourth quarter worth $127,000. GSA Capital Partners LLP increased its position in shares of Esquire Financial by 10.6% during the first quarter. GSA Capital Partners LLP now owns 11,066 shares of the company’s stock worth $525,000 after purchasing an additional 1,065 shares in the last quarter. BNP Paribas Financial Markets increased its position in shares of Esquire Financial by 96.7% during the fourth quarter. BNP Paribas Financial Markets now owns 11,609 shares of the company’s stock worth $580,000 after purchasing an additional 5,706 shares in the last quarter. Finally, Boston Partners increased its position in shares of Esquire Financial by 5.2% during the third quarter. Boston Partners now owns 15,322 shares of the company’s stock worth $700,000 after purchasing an additional 757 shares in the last quarter. Institutional investors own 54.66% of the company’s stock.

About Esquire Financial

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.