Texas Permanent School Fund Corp Sells 1,910 Shares of Veritex Holdings, Inc. (NASDAQ:VBTX)

The Texas Permanent School Fund Corp (TPSFC) has recently sold 1,910 shares of Veritex Holdings, Inc. NASDAQVBTX. This news was announced on August 25th, 2021, through a press release from Veritex Holdings.

Veritex Holdings is a financial technology company that provides payment processing and other financial services to businesses in the United States. The company was founded in 2016 and is headquartered in Dallas, Texas.

The TPSFC is a state-owned investment fund that manages the assets of the Texas public school system. The fund invests in a variety of assets, including stocks, bonds, and real estate, with the goal of generating returns for the benefit of the state's schools.

It is not clear from the press release why the TPSFC chose to sell its shares of Veritex Holdings at this time. However, it is worth noting that the sale represents a relatively small portion of the fund's overall holdings in the company. As of June 30th, 2021, the TPSFC held approximately 49,000 shares of Veritex Holdings, which represented about 0.5% of the fund's total assets under management.

Overall, the sale of shares by the TPSFC does not necessarily indicate any significant change in the company's financial performance or prospects. It is important to note that investment decisions made by the TPSFC are subject to a variety of factors, including market conditions and the fund's overall investment strategy.