Allegiance Bancshares, Inc. (NASDAQ:ABTX) marched up 16.65% compared to a 52-week low price of $28.58. The shares were last seen trading 1.93% higher, taking the closing price at $33.34 on 6/28/2019. At a recent session, the prices were hovering between $32.84 and $33.815. This company shares are 11.73% off its target price of $37.25 and the current market capitalization stands at $698.14M. The recent change has given its price a -2.94% deficit over SMA 50 and -28.84% deficit over its 52-week high. The stock witnessed 0.06% gains, -1.13% declines and 9.38% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found ABTX’s volatility during a week at 2.68% and during a month it has been found around 2.4%.

Allegiance Bancshares, Inc. (ABTX) Top Holders

Institutional investors currently hold around $223 million or 32.9% in ABTX stock. Look at its top three institutional owners: Vanguard Group Inc owns $26.41 million in Allegiance Bancshares, Inc., which represents roughly 3.78% of the company’s market cap and approximately 11.84% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 680,660 shares of the stock are valued at $22.69 million. The third largest holder is Dimensional Fund Advisors Lp, which currently holds $13.06 million worth of this stock and that ownership represents nearly 1.87% of its market capitalization.

Allegiance Bancshares, Inc. 13F Filings

At the end of March reporting period, 45 institutional holders increased their position in Allegiance Bancshares, Inc. (NASDAQ:ABTX) by some 1,203,353 shares, 26 decreased positions by 1,058,588 and 19 held positions by 4,417,161. That puts total institutional holdings at 6,679,102 shares, according to SEC filings. The stock grabbed 10 new institutional investments totaling 311,150 shares while 8 institutional investors sold out their entire positions totaling 269,860 shares.

Allegiance Bancshares, Inc. (NASDAQ:ABTX) Insider Trades

Multiple company employees have indulged in significant insider trading. Allegiance Bancshares, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director Jain Umesh has sold 3,692 shares of Allegiance Bancshares, Inc. (ABTX) in the trading session dated Jun. 24, 2019. These shares are worth $122,611 and were traded at $33.21 each. The SEC filing shows that Waters Louis A. Jr. performed a sale of 6,000 shares. The Director disposed these shares by way of transaction on Apr. 24, 2019. The company’s shares were given away at $36.71 per share worth to an income of some $220,260 to the account of Waters Louis A. Jr..

Director, Waters Louis A. Jr., sold 6,000 common shares of Allegiance Bancshares, Inc. (ABTX) in the open market. In a transaction dated Apr. 17, 2019, the shares were put up for sale at an average price of $36.76, raking in a sum of $220,560. After this sale, 105,426 common shares of ABTX are directly owned by the insider, with total stake valued at $3,514,903.

In the transaction dated Apr. 10, 2019, a great number of shares sold came courtesy the Director; Waters Louis A. Jr. disposed a total of 384 shares at an average price of $36.06, amounting to approximately $13,847. The insider now directly owns 111,426 shares worth $3,714,943.

Allegiance Bancshares, Inc. (ABTX) Analyst Guide

Several analysts have released their opinion on Allegiance Bancshares, Inc. (NASDAQ:ABTX), with 0 analysts believing it is a strong buy. Whereas 3 of them predict the stock is a hold. Also, there are 1 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2.75 average brokerage recommendation [T1].