Esquire Financial Holdings, Inc. (NASDAQ:ESQ) CFO Michael Lacapria Purchases 1,500 Shares of Stock

Esquire Financial Holdings, Inc. (NASDAQ:ESQ – Get Rating) CFO Michael Lacapria bought 1,500 shares of Esquire Financial stock in a transaction dated Wednesday, March 15th. The stock was purchased at an average price of $37.50 per share, with a total value of $56,250.00. Following the purchase, the chief financial officer now directly owns 1,500 shares in the company, valued at approximately $56,250. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Esquire Financial Price Performance

Shares of ESQ stock traded down $2.08 during mid-day trading on Friday, hitting $36.50. The stock had a trading volume of 75,941 shares, compared to its average volume of 29,247. Esquire Financial Holdings, Inc. has a fifty-two week low of $32.19 and a fifty-two week high of $48.13. The firm has a market cap of $297.48 million, a PE ratio of 10.49 and a beta of 0.84. The company’s 50-day simple moving average is $43.36 and its 200-day simple moving average is $41.98.

Esquire Financial (NASDAQ:ESQ – Get Rating) last announced its quarterly earnings data on Wednesday, January 25th. The company reported $1.10 EPS for the quarter, beating the consensus estimate of $1.00 by $0.10. Esquire Financial had a net margin of 33.19% and a return on equity of 19.56%. The firm had revenue of $25.12 million during the quarter, compared to analysts’ expectations of $23.10 million. On average, analysts expect that Esquire Financial Holdings, Inc. will post 4.62 EPS for the current year.

Esquire Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 1st. Investors of record on Wednesday, February 15th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 1.10%. The ex-dividend date was Tuesday, February 14th. Esquire Financial’s dividend payout ratio (DPR) is 11.49%.

Institutional Trading of Esquire Financial

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Lazard Asset Management LLC acquired a new stake in shares of Esquire Financial in the first quarter valued at about $28,000. Dorsey Wright & Associates purchased a new position in Esquire Financial during the 4th quarter valued at about $38,000. UBS Group AG increased its holdings in Esquire Financial by 49.5% during the 1st quarter. UBS Group AG now owns 1,390 shares of the company’s stock valued at $46,000 after acquiring an additional 460 shares in the last quarter. BNP Paribas Arbitrage SA purchased a new position in Esquire Financial during the 2nd quarter valued at about $52,000. Finally, Allspring Global Investments Holdings LLC purchased a new position in Esquire Financial during the 3rd quarter valued at about $62,000. Institutional investors and hedge funds own 56.46% of the company’s stock.

About Esquire Financial

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Esquire Financial Holdings, Inc engages in the provision of banking and financial solutions. It offers commercial banking services, which serve the financial needs of the legal industry and small business communities, and commercial and retail customers in the New York metropolitan market. The company was founded by Dennis Shields in 2006 and is headquartered in Jericho, NY.