Craig Carney Sells Shares in TriCo Bancshares
TriCo Bancshares EVP Chief Credit Officer Craig Carney offloads 1,534 shares.
Key Points
- Craig Carney, EVP Chief Credit Officer at TriCo Bancshares, sold 1,534 shares on June 12, 2026.
- TriCo Bancshares has a market cap of $1.66 billion, a P/E ratio of 13.11, and a 52-week high of $53.18.
- Piper Sandler maintained a buy rating for TriCo Bancshares with a $63 price target on April 27, 2026.
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Craig Carney, the Executive Vice President and Chief Credit Officer at TriCo Bancshares, sold 1,534 shares of the company on June 12, 2026. This insider transaction was not part of a pre-planned trading program.
Insider Buying and Selling at TriCo Bancshares
On the same day, several other executives at TriCo Bancshares were involved in insider transactions. Peter Wiese, the EVP Chief Financial Officer, both bought and sold 2,104 shares. Daniel Bailey, EVP Chief Banking Officer, sold 1,608 shares. Meanwhile, Jason Todd Levingston, Chief Information Officer, bought 539 shares, and Angela Tamara Rudd, Chief Risk Officer, acquired 245 shares.
Other Institutional Activity in TriCo Bancshares
Several major institutional investors have also adjusted their positions in TriCo Bancshares. FMR LLC reduced its holdings by 32,534 shares, settling at 2,890,248 shares valued at approximately $137.4 million. BlackRock, Inc. trimmed its stake by 21,700 shares, ending with 2,392,458 shares worth about $113.7 million. Conversely, Dimensional Fund Advisors LP increased its position by 11,298 shares to hold 1,696,463 shares valued at $80.6 million. Franklin Resources Inc. added 12,652 shares, bringing its total to 1,649,900 shares, valued at $78.4 million.
TriCo Bancshares Stock Down 4.0%
Shares of NasdaqGS:TCBK are trading around $51.67. The company boasts a market capitalization of $1.66 billion and a P/E ratio of 13.11. Its stock has a 52-week low of $37.96 and a high of $53.18. The 50-day moving average is $50.35, while the 200-day moving average stands at $47.86.
$TCBK stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
TriCo Bancshares reported revenue of $415.9 million with a growth rate of 10.7%. The bank achieved a net margin of 30.99% and a return on equity of 9.99%. The next earnings report is expected on July 23, 2026.
Dividend
TriCo Bancshares pays an annual dividend of $1.44 per share, yielding 2.79%. The dividend payout ratio is 35.79%.
Analysts Set New Price Targets
On April 27, 2026, Piper Sandler maintained a buy rating on TriCo Bancshares, setting a price target of $63. Stephens & Co. also maintained a buy rating with a $55 target on January 26, 2026. The consensus among analysts is a buy rating, with an average price target of $56 based on six opinions.
About TriCo Bancshares
TriCo Bancshares, headquartered in Chico, California, operates as a bank holding company for Tri Counties Bank. It provides a range of commercial and retail banking services to individual and corporate customers. The company offers various deposit accounts, loans, and financial services, including treasury management and wealth management. Founded in 1975, TriCo Bancshares is led by CEO Richard P. Smith and employs approximately 1,117 people.
Bottom Line
Craig Carney's recent sale of shares is part of ongoing insider activities at TriCo Bancshares. Investors often watch insider transactions for potential signals, though these actions can reflect personal financial planning rather than company performance. TriCo Bancshares continues to perform solidly in the market, with analysts generally optimistic about its future prospects.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.
