TCBK's Jason Todd Levingston Sells Shares as Institutional Investors Adjust Positions
CIO Jason Todd Levingston sold 316 shares of TCBK, while major funds adjusted their stakes.
Key Points
- Jason Todd Levingston, CIO of TCBK, sold 316 shares on June 12, 2026, for $16,634.24.
- Shares of TCBK traded at $51.67, with Piper Sandler maintaining a 'Buy' rating and a $63 target.
- FMR LLC reduced its TCBK holdings by 32,534 shares, while Dimensional Fund Advisors added 11,298 shares.
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On June 12, 2026, Jason Todd Levingston, Chief Information Officer of TCBK, sold 316 shares of the company at an average price of $52.64, totaling $16,634.24. This transaction was not part of a pre-arranged trading plan.
What Changed in Levingston's TCBK Position
Levingston's recent sale of 316 shares of TCBK was conducted at an average price of $52.64. This move comes as part of various insider transactions within the company, reflecting personal investment decisions.
Other Institutional Activity in TCBK
Institutional investors have been actively adjusting their positions in TCBK. FMR LLC reduced its holdings by 32,534 shares, bringing its total to 2,890,248 shares valued at approximately $137.4 million. BlackRock, Inc. also trimmed its position by 21,700 shares, now holding 2,392,458 shares worth about $113.7 million. On the other hand, Dimensional Fund Advisors LP increased its stake by 11,298 shares, totaling 1,696,463 shares valued at $80.6 million. Franklin Resources Inc. added 12,652 shares, ending with 1,649,900 shares worth $78.4 million.
TriCo Bancshares Stock Down 4.0%
Shares of TCBK traded around $51.67 recently. The company has seen various analyst ratings, with Piper Sandler maintaining a 'Buy' rating and setting a price target of $63 as of April 27, 2026. The stock's performance is closely watched by investors and analysts alike.
$TCBK stock price
Daily closing prices, year to date. Not investment advice.
Insider Buying and Selling at TriCo Bancshares
In addition to Levingston's sale, several other insider transactions took place on June 12, 2026. Peter Wiese, EVP Chief Financial Officer, both bought and sold 2,104 shares. Daniel Bailey, EVP Chief Banking Officer, sold 1,608 shares without a specified price. Craig Carney, EVP Chief Credit Officer, sold 899 shares at $52.64 each. Angela Tamara Rudd, Chief Risk Officer, purchased 245 shares.
Analysts Set New Price Targets
Analyst activity around TCBK remains active. On April 27, 2026, Piper Sandler maintained a 'Buy' rating with a price target of $63. Other firms like Stephens & Co. and Keefe, Bruyette & Woods have also maintained their ratings, with targets ranging from $50 to $55.
About TCBK
TCBK operates in the financial sector, providing a range of banking services. The company is headquartered in California and serves a diverse clientele with its financial products and services. It is known for its regional banking operations and commitment to customer service.
Bottom Line
Jason Todd Levingston's recent sale of TCBK shares is part of a broader pattern of insider and institutional activities. While insider sales can attract attention, they often reflect personal financial planning. Institutional investors' movements, whether buying or selling, provide insights into broader market trends. Analyst ratings continue to indicate positive expectations for TCBK's stock performance, underscoring its role in the financial sector.
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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.