Equity BancShares Inc (NASDAQ:EQBK) COO Craig L. Anderson acquired 2,000 shares of the firm’s stock in a transaction dated Thursday, September 13th. The shares were purchased at an average price of $40.04 per share, for a total transaction of $80,080.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

EQBK opened at $40.32 on Friday. The firm has a market cap of $629.43 million, a P/E ratio of 17.18 and a beta of 0.49. Equity BancShares Inc has a fifty-two week low of $32.92 and a fifty-two week high of $44.30. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.94 and a quick ratio of 0.92.

Equity BancShares (NASDAQ:EQBK) last posted its earnings results on Friday, July 20th. The bank reported $0.44 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.67 by ($0.23). The company had revenue of $35.51 million for the quarter. Equity BancShares had a net margin of 17.33% and a return on equity of 9.04%. research analysts predict that Equity BancShares Inc will post 2.36 EPS for the current year.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Voya Investment Management LLC purchased a new position in Equity BancShares during the second quarter valued at $206,000. Jane Street Group LLC purchased a new position in Equity BancShares during the first quarter valued at $230,000. Dynamic Technology Lab Private Ltd purchased a new position in Equity BancShares during the second quarter valued at $315,000. Engineers Gate Manager LP purchased a new position in shares of Equity BancShares in the 2nd quarter worth $338,000. Finally, Citadel Advisors LLC purchased a new position in shares of Equity BancShares in the 1st quarter worth $397,000. 60.32% of the stock is owned by institutional investors.

Several equities analysts recently weighed in on EQBK shares. Zacks Investment Research raised shares of Equity BancShares from a “sell” rating to a “hold” rating in a research note on Tuesday, July 24th. BidaskClub cut shares of Equity BancShares from a “sell” rating to a “strong sell” rating in a research note on Saturday, September 1st. Finally, ValuEngine cut shares of Equity BancShares from a “buy” rating to a “hold” rating in a research note on Saturday, July 14th. One analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. Equity BancShares currently has a consensus rating of “Hold” and a consensus price target of $45.00.

Equity BancShares Company Profile

Equity Bancshares, Inc operates as a bank holding company for Equity Bank that provides a range of financial services primarily to businesses, business owners, and individuals. The company accepts various deposit products, including demand, savings, money market, and time deposits. Its loan products include commercial and industrial, commercial real estate-backed, commercial lines of credit, working capital, term, equipment financing, acquisition, expansion and development, borrowing base, real estate construction loans, homebuilder, agricultural, government guaranteed, and other loans, as well as letters of credit to national and regional companies, restaurant franchisees, hoteliers, real estate developers, manufacturing and industrial companies, agribusiness companies, and other businesses.

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