QCR Holdings, Inc. (NASDAQ:QCRH) CEO Thomas D. Budd sold 377 shares of the business’s stock in a transaction on Thursday, August 10th. The stock was sold at an average price of $44.75, for a total value of $16,870.75. Following the transaction, the chief executive officer now owns 4,132 shares in the company, valued at $184,907. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

QCR Holdings, Inc. (NASDAQ QCRH) traded down 0.67% during mid-day trading on Thursday, reaching $44.40. The company’s stock had a trading volume of 60,294 shares. The firm has a market cap of $584.97 million, a PE ratio of 18.26 and a beta of 0.61. The stock’s 50 day moving average is $46.98 and its 200 day moving average is $44.68. QCR Holdings, Inc. has a one year low of $28.70 and a one year high of $50.00.

QCR Holdings (NASDAQ:QCRH) last posted its quarterly earnings results on Thursday, July 20th. The bank reported $0.65 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.66 by $0.01. QCR Holdings had a net margin of 21.11% and a return on equity of 11.34%. The business had revenue of $34.83 million during the quarter, compared to analyst estimates of $36.49 million. On average, analysts anticipate that QCR Holdings, Inc. will post $2.72 EPS for the current year.

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Several brokerages recently weighed in on QCRH. ValuEngine downgraded QCR Holdings from a “buy” rating to a “hold” rating in a research note on Thursday, July 6th. BidaskClub downgraded QCR Holdings from a “buy” rating to a “hold” rating in a research note on Monday, July 24th. Keefe, Bruyette & Woods set a $52.00 target price on QCR Holdings and gave the stock a “buy” rating in a research note on Saturday, July 22nd. Finally, Maxim Group restated a “buy” rating and set a $50.00 target price on shares of QCR Holdings in a research note on Monday, April 24th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $43.75.

Several institutional investors have recently modified their holdings of QCRH. First Quadrant L P CA purchased a new position in shares of QCR Holdings during the second quarter valued at about $468,000. Municipal Employees Retirement System of Michigan purchased a new position in shares of QCR Holdings during the second quarter valued at about $723,000. Bowling Portfolio Management LLC purchased a new position in shares of QCR Holdings during the second quarter valued at about $746,000. Bessemer Group Inc. raised its position in shares of QCR Holdings by 0.4% in the second quarter. Bessemer Group Inc. now owns 23,300 shares of the bank’s stock valued at $1,104,000 after buying an additional 100 shares during the last quarter. Finally, Busey Trust CO purchased a new position in shares of QCR Holdings during the second quarter valued at about $213,000. 60.77% of the stock is currently owned by institutional investors.

About QCR Holdings

QCR Holdings, Inc is a multi-bank holding company. The Company serves the Quad Cities, Cedar Rapids, Waterloo/Cedar Falls, Des Moines/Ankeny and Rockford communities through its banking subsidiaries, Quad City Bank and Trust Company (QCBT), Cedar Rapids Bank and Trust Company (CRBT), Community State Bank (CSB), and Rockford Bank and Trust Company (RB&T), which provide full-service commercial and consumer banking and trust and asset management services.

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