TriCo Bancshares CFO Peter Wiese Buys Shares
Peter Wiese, CFO of TriCo Bancshares, purchased 6,259 shares on June 25, 2026.
Key Points
- Peter Wiese, CFO of TriCo Bancshares, purchased 6,259 shares on June 25, 2026, without a disclosed price.
- Shares of TriCo Bancshares traded near $53.91 on Monday, with a market cap of about $1.73 billion and a P/E ratio of 13.68.
- Analysts maintain a positive outlook, with Piper Sandler setting a price target of $63.00 as of April 27, 2026.
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Peter Wiese, the Executive Vice President and Chief Financial Officer of TriCo Bancshares, bought 6,259 shares of the company on June 25, 2026. The transaction did not disclose the purchase price or total value. This move comes as part of his role as CFO, and it's notable for not being part of a pre-planned trading program.
Insider Buying and Selling at TriCo Bancshares
In addition to Peter Wiese's purchase, several other insiders were active on June 25, 2026. Daniel Bailey, EVP Chief Banking Officer, both sold 4,373 shares and bought 4,782 shares. Richard Smith, CEO and President, sold 13,271 shares. Angela Tamara Rudd, Chief Risk Officer, acquired 729 shares, while Gregory Gehlmann, SVP General Counsel, sold 1,686 shares at $53.55 each.
Other Institutional Activity in TriCo Bancshares
Several major institutional investors adjusted their positions in TriCo Bancshares recently. FMR LLC reduced its holdings by 32,534 shares, bringing its total to 2,890,248 shares valued at approximately $137.4 million, marking a 1.1% decrease. BlackRock, Inc. also trimmed its stake by 21,700 shares to 2,392,458 shares, worth about $113.7 million, reflecting a 0.9% decrease. Dimensional Fund Advisors LP increased its holdings by 11,298 shares, totaling 1,696,463 shares valued at $80.6 million, a 0.7% rise. Franklin Resources Inc. added 12,652 shares, ending with 1,649,900 shares worth $78.4 million, an 0.8% increase. Vanguard Capital Management LLC opened a new position with 1,275,507 shares valued at $60.6 million.
TriCo Bancshares Stock Down 1.0%
Shares of NasdaqGS:TCBK traded near $53.91 on Monday. TriCo Bancshares has a market capitalization of about $1.73 billion, with a P/E ratio of 13.68 and a forward P/E of 12.40. The stock's beta is 0.626, indicating lower volatility compared to the market. Its 52-week range is between $39.69 and $54.17, with a 50-day moving average of $50.73 and a 200-day moving average of $48.13.
$TCBK stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
TriCo Bancshares reported revenue of $415.9 million, reflecting a growth rate of 10.7%. The company's net margin stands at 30.99%, and it achieved a return on equity of 9.99%. Earnings per share were $3.94. The next earnings report is expected on July 23, 2026.
Dividend
TriCo Bancshares offers an annual dividend rate of $1.44, yielding 2.67%. The dividend payout ratio is 35.79%, indicating a sustainable payout relative to earnings.
Analysts Set New Price Targets
On April 27, 2026, Piper Sandler maintained a 'buy' rating on TriCo Bancshares with a price target of $63.00. The overall analyst consensus suggests a 'buy' recommendation, with a mean target price of $56.17 based on six analyst opinions.
About TriCo Bancshares
TriCo Bancshares is a financial services company headquartered in Chico, California. Founded in 1975, it operates as the bank holding company for Tri Counties Bank. The company provides a variety of banking services, including commercial and retail banking, loans, and investment services. Led by CEO Richard P. Smith, TriCo Bancshares employs approximately 1,117 people.
Bottom Line
Peter Wiese's recent purchase of TriCo Bancshares shares is a notable insider activity that investors may watch closely. The company's stock is trading near its 52-week high, with analysts maintaining a positive outlook. As with all 13F filings and insider transactions, it's important to remember these reports reflect past actions and may not indicate current positions.
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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.
