Potential Texas Capital Bancshares, Inc. (NASDAQ:TCBI) shareholders may wish to note that the Lead Independent Director, Robert Stallings, recently bought US$289k worth of stock, paying US$64.27 for each share. While that's a very decent purchase to our minds, it was proportionally a bit modest, boosting their holding by just 1.6%.

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The Last 12 Months Of Insider Transactions At Texas Capital Bancshares

Notably, that recent purchase by Robert Stallings is the biggest insider purchase of Texas Capital Bancshares shares that we've seen in the last year. That means that an insider was happy to buy shares at around the current price of US$68.21. Of course they may have changed their mind. But this suggests they are optimistic. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. The good news for Texas Capital Bancshares share holders is that an insider was buying at near the current price. The only individual insider to buy over the last year was Robert Stallings.

Robert Stallings purchased 5.00k shares over the year. The average price per share was US$64.66. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

See our latest analysis for Texas Capital Bancshares

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of undervalued small cap companies that insiders are buying.

Does Texas Capital Bancshares Boast High Insider Ownership?

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Insiders own 1.5% of Texas Capital Bancshares shares, worth about US$48m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

So What Do The Texas Capital Bancshares Insider Transactions Indicate?

It is good to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. Insiders likely see value in Texas Capital Bancshares shares, given these transactions (along with notable insider ownership of the company). So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. To assist with this, we've discovered 1 warning sign that you should run your eye over to get a better picture of Texas Capital Bancshares.

But note: Texas Capital Bancshares may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.