TriCo Bancshares CEO Richard Smith Sells Shares
Richard Smith, CEO of TriCo Bancshares, sold 8,511 shares, netting over $455,000.
Key Points
- Richard Smith, CEO of TriCo Bancshares, sold 8,511 shares at $53.55 each, totaling $455,764.05 on June 25, 2026.
- Shares of NasdaqGS:TCBK traded near $53.91 on Monday, with a market cap of about $1.73 billion and a P/E ratio of 13.68.
- Analysts have set price targets between $53 and $63, with a consensus rating of 'buy' for TriCo Bancshares.
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Richard Smith, CEO and President of TriCo Bancshares, sold 8,511 shares of the company on June 25, 2026. The shares were sold at an average price of $53.55, bringing the total transaction value to approximately $455,764.05. This transaction was not part of a pre-planned trading program.
Insider Buying and Selling at TriCo Bancshares
Apart from Richard Smith, other insiders were also active on June 25, 2026. Daniel Bailey, EVP Chief Banking Officer, sold 4,373 shares, while EVP Chief Financial Officer Peter Wiese bought 6,259 shares. Additionally, Chief Risk Officer Angela Tamara Rudd acquired 729 shares, and SVP General Counsel Gregory Gehlmann sold 1,686 shares at the same price as Smith.
TriCo Bancshares Stock Down 1.0%
Shares of NasdaqGS:TCBK traded near $53.91 on Monday. The company has a market cap of about $1.73 billion and a P/E ratio of 13.68. Its stock has a 52-week low of $39.69 and a high of $54.17, with a 50-day moving average of $50.73 and a 200-day moving average of $48.13. TriCo Bancshares operates with a beta of 0.626, indicating lower volatility compared to the market.
$TCBK stock price
Daily closing prices, year to date. Not investment advice.
Analysts Set New Price Targets
Piper Sandler maintained a 'buy' rating on April 27, 2026, with a price target of $63. Other firms like Stephens & Co. and Keefe, Bruyette & Woods have also maintained their ratings, with targets set at $55. DA Davidson has a 'hold' rating with a target of $54. The consensus from six analysts is a 'buy' rating, with a mean target price of $56.17.
About TriCo Bancshares
TriCo Bancshares is a bank holding company based in Chico, California, operating through its subsidiary, Tri Counties Bank. It provides a wide range of banking services to individuals and businesses, including deposits, loans, and wealth management services. Founded in 1975, the company is led by CEO Richard P. Smith and employs over 1,100 people.
Bottom Line
TriCo Bancshares' CEO Richard Smith's recent share sale sheds light on insider activity within the company. Despite the insider transactions, the stock remains a focus for analysts, who continue to recommend it as a 'buy'. As always, it's important to remember that 13F filings and insider sales are backward-looking and may not reflect current positions or future intentions.
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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.