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

Esquire Financial Holdings, Inc. (NASDAQ:ESQ) Director Selig Zises sold 8,000 shares of the company’s stock in a transaction dated 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 directly owns 62,601 shares of the company’s stock, valued at $4,805,878.77. This represents a 11.33 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Esquire Financial Stock Up 1.6 %

NASDAQ ESQ opened at $78.50 on Thursday. Esquire Financial Holdings, Inc. has a twelve month low of $44.45 and a twelve month high of $80.00. The stock has a market cap of $653.20 million, a P/E ratio of 15.79 and a beta of 0.70. The company’s 50-day simple moving average is $67.19 and its 200 day simple moving average is $57.91.

Esquire Financial Announces Dividend

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

Wall Street Analyst Weigh In

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

Hedge Funds Weigh In On Esquire Financial

A number of hedge funds have recently modified their holdings of ESQ. Farther Finance Advisors LLC grew its position in Esquire Financial by 36.6% in the third quarter. Farther Finance Advisors LLC now owns 798 shares of the company’s stock valued at $52,000 after acquiring an additional 214 shares during the period. FMR LLC boosted its stake in shares of Esquire Financial by 14.3% in the 3rd quarter. FMR LLC now owns 2,115 shares of the company’s stock valued at $138,000 after purchasing an additional 264 shares in the last quarter. Rhumbline Advisers grew its holdings in shares of Esquire Financial by 4.1% in the 2nd quarter. Rhumbline Advisers now owns 11,236 shares of the company’s stock worth $535,000 after purchasing an additional 439 shares during the last quarter. Rosenthal Henry Capital Advisors Inc. increased its position in shares of Esquire Financial by 2.0% during the 3rd quarter. Rosenthal Henry Capital Advisors Inc. now owns 40,800 shares of the company’s stock worth $2,661,000 after purchasing an additional 800 shares in the last quarter. Finally, Quantbot Technologies LP bought a new position in Esquire Financial during the 3rd quarter valued at about $54,000. 54.66% of the stock is owned by institutional investors and hedge funds.

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.