Nicolet Bankshares, Inc. (NYSE:NIC) Director Robert Bruce Atwell Sells 2,721 Shares

Nicolet Bankshares, Inc. (NYSE:NIC) Director Robert Bruce Atwell sold 2,721 shares of the company’s stock in a transaction dated Monday, October 28th. The shares were sold at an average price of $103.00, for a total transaction of $280,263.00. Following the transaction, the director now directly owns 33,315 shares of the company’s stock, valued at $3,431,445. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Robert Bruce Atwell also recently made the following trade(s):

• On Wednesday, October 30th, Robert Bruce Atwell sold 14,171 shares of Nicolet Bankshares stock. The shares were sold at an average price of $103.00, for a total value of $1,459,613.00.
• On Tuesday, October 22nd, Robert Bruce Atwell sold 2,500 shares of Nicolet Bankshares stock. The stock was sold at an average price of $101.01, for a total value of $252,525.00.
• On Friday, October 18th, Robert Bruce Atwell sold 2,908 shares of Nicolet Bankshares stock. The shares were sold at an average price of $103.22, for a total value of $300,163.76.

Nicolet Bankshares Trading Up 0.2 %

Shares of Nicolet Bankshares stock opened at $102.91 on Thursday. Nicolet Bankshares, Inc. has a 12-month low of $71.51 and a 12-month high of $105.00. The stock has a market capitalization of $1.54 billion, a P/E ratio of 13.09 and a beta of 0.76. The company has a 50-day simple moving average of $97.05 and a 200 day simple moving average of $88.86. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.15.

Nicolet Bankshares Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 16th. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a dividend yield of 1.09%. The ex-dividend date was Tuesday, September 3rd. Nicolet Bankshares’s payout ratio is 14.25%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Maxim Group boosted their price target on shares of Nicolet Bankshares from $120.00 to $124.00 and gave the company a “buy” rating in a report on Thursday, October 17th. Stephens upped their target price on shares of Nicolet Bankshares from $90.00 to $110.00 and gave the company an “equal weight” rating in a research note on Thursday, July 18th. Finally, Piper Sandler raised their price target on shares of Nicolet Bankshares from $86.00 to $104.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 17th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, Nicolet Bankshares has an average rating of “Hold” and an average price target of $106.00.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Rothschild Investment LLC acquired a new stake in Nicolet Bankshares during the 2nd quarter valued at $67,000. EntryPoint Capital LLC boosted its stake in Nicolet Bankshares by 97.3% in the first quarter. EntryPoint Capital LLC now owns 1,101 shares of the company’s stock worth $95,000 after purchasing an additional 543 shares in the last quarter. Blair William & Co. IL bought a new stake in shares of Nicolet Bankshares during the first quarter worth $201,000. ProShare Advisors LLC acquired a new stake in shares of Nicolet Bankshares in the first quarter valued at $203,000. Finally, SG Americas Securities LLC bought a new position in shares of Nicolet Bankshares in the third quarter valued at about $412,000. Institutional investors own 43.06% of the company’s stock.

About Nicolet Bankshares

Nicolet Bankshares, Inc operates as the bank holding company for Nicolet National Bank that provides banking products and services for businesses and individuals in Wisconsin and Michigan. The company accepts checking, savings, and money market accounts; various certificates of deposit; and individual retirement accounts.