Gregory Gehlmann Buys Shares of TCBK
TCBK's SVP General Counsel acquired 967 shares on June 12, 2026.
Key Points
- Gregory Gehlmann, SVP General Counsel at TCBK, purchased 967 shares on June 12, 2026.
- TCBK shares are trading around $51.67, with various institutions adjusting their holdings.
- Analysts have maintained their ratings, with Piper Sandler setting a price target of $63.
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Gregory Gehlmann, the Senior Vice President and General Counsel at TCBK, recently acquired 967 shares of the company on June 12, 2026. This insider transaction did not involve a planned trading program, indicating a personal investment decision.
Other Institutional Activity in TCBK
Institutional investors have been active in TCBK. FMR LLC reduced its holdings by 32,534 shares, ending with 2,890,248 shares valued at approximately $137.4 million. BlackRock, Inc. also trimmed its position by 21,700 shares, holding 2,392,458 shares worth about $113.7 million. Meanwhile, Dimensional Fund Advisors LP increased its stake by 11,298 shares to a total of 1,696,463 shares, valued at around $80.6 million. Franklin Resources Inc. added 12,652 shares, bringing its total to 1,649,900 shares worth approximately $78.4 million. Vanguard Capital Management LLC made a significant addition, acquiring 1,275,507 shares, all valued at about $60.6 million.
TriCo Bancshares Stock Down 4.0%
Shares of TCBK are currently trading near $51.67. Institutional investors have been adjusting their positions as the stock navigates market conditions. The company's stock performance and valuation metrics will continue to be monitored by investors and analysts alike.
$TCBK stock price
Daily closing prices, year to date. Not investment advice.
Insider Buying and Selling at TriCo Bancshares
On June 12, 2026, several insiders at TCBK were active in the market. Peter Wiese, EVP Chief Financial Officer, both bought and sold 2,104 shares. Daniel Bailey, EVP Chief Banking Officer, sold 1,608 shares. Jason Todd Levingston, Chief Information Officer, purchased 539 shares. Craig Carney, EVP Chief Credit Officer, sold 899 shares at an average price of $52.64. Angela Tamara Rudd, Chief Risk Officer, bought 245 shares.
Analysts Set New Price Targets
Analysts have been maintaining their outlook on TCBK. On April 27, 2026, Piper Sandler maintained a 'buy' rating with a price target of $63. Earlier, on January 26, 2026, they kept a 'buy' rating with a $59 target. Stephens & Co. also maintained a 'buy' rating with a $55 target, while Keefe, Bruyette & Woods held a 'hold' rating with a $55 target. DA Davidson maintained a 'hold' rating with a $54 target.
Bottom Line
Gregory Gehlmann's purchase of TCBK shares reflects insider confidence in the company. Institutional investors are actively managing their positions, and analysts continue to provide guidance with maintained ratings and targets. As a backward-looking indicator, insider transactions offer insights into insider sentiment, but they are just one piece of the investment puzzle.
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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.