2,934 Shares in Nicolet Bankshares, Inc. (NYSE:NIC) Purchased by SG Americas Securities LLC

SG Americas Securities LLC acquired a new position in Nicolet Bankshares, Inc. (NYSE:NIC – Get Rating) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 2,934 shares of the company’s stock, valued at approximately $234,000.

Several other hedge funds have also recently bought and sold shares of NIC. Courier Capital LLC acquired a new position in Nicolet Bankshares in the 4th quarter worth about $321,000. New York State Common Retirement Fund acquired a new position in Nicolet Bankshares in the 4th quarter worth about $726,000. Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in Nicolet Bankshares in the 4th quarter worth about $147,000. WoodTrust Financial Corp acquired a new position in shares of Nicolet Bankshares during the 4th quarter valued at about $306,000. Finally, Rice Hall James & Associates LLC acquired a new position in shares of Nicolet Bankshares during the 4th quarter valued at about $3,579,000. 37.40% of the stock is owned by hedge funds and other institutional investors.

Nicolet Bankshares Price Performance

Shares of NIC stock opened at $54.89 on Thursday. The stock has a 50 day moving average of $62.95 and a two-hundred day moving average of $72.28. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.21. Nicolet Bankshares, Inc. has a 12 month low of $51.76 and a 12 month high of $86.48. The company has a market capitalization of $807.98 million, a P/E ratio of 12.95 and a beta of 0.70.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. TheStreet lowered Nicolet Bankshares from a “b” rating to a “c+” rating in a report on Wednesday, April 19th. Piper Sandler lowered their target price on Nicolet Bankshares from $75.00 to $70.00 in a report on Wednesday, April 19th. Finally, Maxim Group lowered their target price on Nicolet Bankshares from $110.00 to $100.00 in a report on Thursday, January 19th.

Insiders Place Their Bets

In other news, CFO Hubert Phillip Moore, Jr. acquired 1,500 shares of Nicolet Bankshares stock in a transaction on Friday, April 21st. The stock was bought at an average price of $56.63 per share, for a total transaction of $84,945.00. Following the transaction, the chief financial officer now owns 29,361 shares of the company’s stock, valued at $1,662,713.43. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. In the last quarter, insiders bought 1,895 shares of company stock worth $107,402. 18.10% of the stock is currently owned by company insiders.

Nicolet Bankshares Company Profile

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Nicolet Bankshares, Inc is a holding company, which engages in the provision of commercial and consumer banking services through its subsidiary. It offers lending and deposit gathering, ancillary banking-related, trust, brokerage, and other investment management products and services. The firm also delivers commercial-related and residential real estate loans.