TriCo Bancshares CIO Sells Shares Amid Steady Analyst Support

On June 12, 2026, Jason Todd Levingston, the Chief Information Officer of TriCo Bancshares, sold 539 shares of the company. This move was not part of a pre-planned trading program, and specific transaction values were not disclosed. TriCo Bancshares, trading under the ticker TCBK on NasdaqGS, had its shares priced at $51.67 at the time.

Insider Buying and Selling at TriCo Bancshares

The insider activity on June 12 wasn't limited to just Levingston. Peter Wiese, the EVP Chief Financial Officer, bought and sold 2,104 shares. Meanwhile, Daniel Bailey, EVP Chief Banking Officer, sold 1,608 shares. Craig Carney, EVP Chief Credit Officer, sold 899 shares at $52.64 each, and Angela Tamara Rudd, the Chief Risk Officer, bought 245 shares.

Other Institutional Activity in TriCo Bancshares

Among institutional investors, FMR LLC reduced its holdings by 32,534 shares, ending with 2,890,248 shares valued at about $137.4 million. BlackRock, Inc. also trimmed its position by 21,700 shares, holding 2,392,458 shares worth approximately $113.7 million. On the other hand, Dimensional Fund Advisors LP increased its stake 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, worth roughly $78.4 million.

TriCo Bancshares Stock Down 4.0%

Shares of NasdaqGS:TCBK traded near $51.67. TriCo Bancshares has a market capitalization of approximately $1.66 billion, with a P/E ratio of 13.1 and a forward P/E of 11.9. The stock's 52-week range is between $37.96 and $53.18, with a 50-day moving average of $50.35 and a 200-day moving average of $47.86. Its beta is 0.626, indicating lower volatility compared to the broader market.

Recent Earnings

For the fiscal period, TriCo Bancshares reported revenue of $415.9 million, with a revenue growth rate of 10.7%. The company achieved a net margin of 30.99% and a return on equity of 9.99%. Earnings per share stood at $3.94. The next earnings report is scheduled for July 23, 2026.

Dividend

TriCo Bancshares offers a dividend rate of $1.44 per share, yielding 2.79% with a payout ratio of 35.79%. This provides a steady income stream for shareholders.

Analysts Set New Price Targets

Analysts have shown support for TriCo Bancshares, with Piper Sandler maintaining a 'buy' rating and setting a price target of $63 on April 27, 2026. Keefe, Bruyette & Woods kept a 'hold' rating with a $55 target, while DA Davidson maintained a 'hold' at $54. Overall, the consensus among six analysts is a favorable outlook with a mean price target of $56.

About TriCo Bancshares

TriCo Bancshares is a bank holding company for Tri Counties Bank, headquartered in Chico, California. Established in 1975, the company provides a wide range of banking services, including commercial and retail banking, to both individual and corporate clients. It offers various deposit products and loans, such as small business, real estate, and consumer loans. The company also provides wealth management and treasury management services.

Bottom Line

The insider selling by Jason Todd Levingston at TriCo Bancshares adds a layer of activity to the company's ongoing institutional movements. With a solid market presence, the company's stock remains a subject of interest among analysts, who continue to maintain favorable ratings. Investors should note that insider transactions and institutional holdings are backward-looking indicators and may not reflect the current sentiment.