Esquire Financial Holdings Inc (ESQ) Insider Parag Tandon Purchases 500 Shares of Stock

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Esquire Financial Holdings Inc (NASDAQ:ESQ) insider Parag Tandon bought 500 shares of the stock in a transaction on Tuesday, December 18th. The stock was purchased at an average cost of $22.40 per share, with a total value of $11,200.00. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Shares of NASDAQ:ESQ opened at $21.52 on Wednesday. The company has a market capitalization of $160.75 million, a price-to-earnings ratio of 20.37 and a beta of 0.88. Esquire Financial Holdings Inc has a 52-week low of $17.34 and a 52-week high of $29.45.

Esquire Financial (NASDAQ:ESQ) last announced its quarterly earnings results on Thursday, October 25th. The company reported $0.33 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.33. The business had revenue of $9.08 million for the quarter. Esquire Financial had a return on equity of 9.40% and a net margin of 19.14%.

A number of large investors have recently made changes to their positions in the business. BlackRock Inc. lifted its holdings in shares of Esquire Financial by 1,795.3% in the second quarter. BlackRock Inc. now owns 263,709 shares of the company’s stock valued at $6,959,000 after purchasing an additional 249,795 shares in the last quarter. Grandeur Peak Global Advisors LLC lifted its holdings in shares of Esquire Financial by 22.5% in the second quarter. Grandeur Peak Global Advisors LLC now owns 164,520 shares of the company’s stock valued at $4,342,000 after purchasing an additional 30,175 shares in the last quarter. Emerald Mutual Fund Advisers Trust lifted its holdings in shares of Esquire Financial by 6.0% in the third quarter. Emerald Mutual Fund Advisers Trust now owns 351,830 shares of the company’s stock valued at $8,782,000 after purchasing an additional 20,000 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Esquire Financial by 89.0% in the second quarter. Bank of New York Mellon Corp now owns 29,014 shares of the company’s stock valued at $765,000 after purchasing an additional 13,663 shares in the last quarter. Finally, Northern Trust Corp bought a new position in shares of Esquire Financial in the second quarter valued at approximately $335,000. Institutional investors and hedge funds own 42.55% of the company’s stock.

Several equities research analysts recently commented on the company. ValuEngine lowered Esquire Financial from a “hold” rating to a “sell” rating in a research report on Wednesday, December 5th. Sandler O’Neill set a $28.00 target price on Esquire Financial and gave the company a “buy” rating in a research report on Monday, September 24th.

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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 law professionals, professional service firms, small to mid-sized businesses, and individuals in the United States. The company offers checking, savings, money market, and time deposits, as well as certificates of deposit.

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