Monashee Investment Management LLC increased its holdings in shares of Esquire Financial Holdings Inc (NASDAQ:ESQ) by 51.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 75,600 shares of the company’s stock after acquiring an additional 25,600 shares during the quarter. Monashee Investment Management LLC owned approximately 1.03% of Esquire Financial worth $1,492,000 as of its most recent SEC filing.
A number of other institutional investors have also modified their holdings of ESQ. Goldman Sachs Group Inc. bought a new stake in Esquire Financial during the second quarter worth $177,000. Emerald Mutual Fund Advisers Trust lifted its holdings in Esquire Financial by 62.9% during the third quarter. Emerald Mutual Fund Advisers Trust now owns 325,700 shares of the company’s stock worth $5,241,000 after acquiring an additional 125,700 shares during the period. TCW Group Inc. increased its position in Esquire Financial by 39.8% in the third quarter. TCW Group Inc. now owns 143,200 shares of the company’s stock worth $2,304,000 after buying an additional 40,800 shares during the last quarter. Bank of New York Mellon Corp purchased a new stake in Esquire Financial in the third quarter worth $269,000. Finally, Wasatch Advisors Inc. increased its position in Esquire Financial by 16.2% in the third quarter. Wasatch Advisors Inc. now owns 232,432 shares of the company’s stock worth $3,740,000 after buying an additional 32,432 shares during the last quarter. Institutional investors and hedge funds own 34.49% of the company’s stock.
Shares of Esquire Financial Holdings Inc (NASDAQ:ESQ) opened at $22.59 on Thursday. Esquire Financial Holdings Inc has a 52-week low of $14.51 and a 52-week high of $25.92.
In other news, Director Anthony Coelho bought 5,410 shares of the firm’s stock in a transaction on Wednesday, February 7th. The stock was acquired at an average cost of $22.59 per share, with a total value of $122,211.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders acquired 7,310 shares of company stock valued at $163,602 over the last three months. Company insiders own 22.70% of the company’s stock.
Separately, Sandler O’Neill downgraded Esquire Financial from a “buy” rating to a “hold” rating and set a $22.00 target price for the company. in a research report on Tuesday, December 5th.
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About Esquire Financial
Esquire Financial Holdings, Inc is a bank holding company. The Company operates through its wholly owned bank subsidiary, Esquire Bank, National Association (the Bank). The Bank is a full service commercial bank engaged in serving the financial needs of the legal and small business communities on a national basis, as well as commercial and retail customers in the New York metropolitan market.
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