Texas Community Bancshares, Inc. (NASDAQ:TCBS) SVP Kraig Yarbrough Sells 10,249 Shares

Texas Community Bancshares, Inc. (NASDAQ:TCBS) SVP Kraig Yarbrough sold 10,249 shares of the firm’s stock in a transaction dated Thursday, September 14th. The stock was sold at an average price of $12.25, for a total transaction of $125,550.25. Following the transaction, the senior vice president now directly owns 6,515 shares of the company’s stock, valued at $79,808.75. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Kraig Yarbrough also recently made the following trade(s):

• On Thursday, September 7th, Kraig Yarbrough sold 1,751 shares of Texas Community Bancshares stock. The shares were sold at an average price of $12.42, for a total value of $21,747.42.
• On Thursday, August 17th, Kraig Yarbrough sold 2,000 shares of Texas Community Bancshares stock. The shares were sold at an average price of $12.24, for a total transaction of $24,480.00.
• On Tuesday, August 15th, Kraig Yarbrough sold 1,302 shares of Texas Community Bancshares stock. The stock was sold at an average price of $12.50, for a total value of $16,275.00.

Texas Community Bancshares Trading Down 1.1 %

Shares of NASDAQ TCBS traded down $0.14 during trading on Monday, reaching $12.72. The company had a trading volume of 1,576 shares, compared to its average volume of 4,809. Texas Community Bancshares, Inc. has a 52 week low of $9.38 and a 52 week high of $15.90. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 1.32. The business’s 50 day moving average price is $12.41 and its 200-day moving average price is $12.34.

Texas Community Bancshares (NASDAQ:TCBS) last released its earnings results on Thursday, August 10th. The company reported $0.05 earnings per share (EPS) for the quarter. Texas Community Bancshares had a net margin of 0.57% and a return on equity of 0.16%. The company had revenue of $3.16 million for the quarter.

Texas Community Bancshares Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 25th. Investors of record on Friday, September 8th will be issued a $0.03 dividend. The ex-dividend date of this dividend is Thursday, September 7th. This represents a $0.12 dividend on an annualized basis and a yield of 0.94%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Susquehanna International Group LLP grew its holdings in shares of Texas Community Bancshares by 9.4% in the 1st quarter. Susquehanna International Group LLP now owns 20,104 shares of the company’s stock valued at $275,000 after buying an additional 1,732 shares during the period. Millennium Management LLC lifted its holdings in shares of Texas Community Bancshares by 3.9% during the 2nd quarter. Millennium Management LLC now owns 17,260 shares of the company’s stock valued at $284,000 after purchasing an additional 646 shares in the last quarter. Finally, Alliancebernstein L.P. acquired a new position in shares of Texas Community Bancshares in the 3rd quarter valued at approximately $323,000. Institutional investors own 6.73% of the company’s stock.

Texas Community Bancshares Company Profile

Texas Community Bancshares, Inc operates as the bank holding company for Mineola Community Bank, S.S.B. that provides loans and banking services to consumers and commercial customers in Mineola, Texas and the surrounding area, and the Dallas Fort Worth Metroplex. It generates a selection of deposit accounts, including savings accounts, checking accounts, certificates of deposit, and individual retirement accounts.