Daniel Bailey Buys TCBK Shares Amid Active Insider Trading

Daniel Bailey, the Executive Vice President and Chief Banking Officer of TCBK, purchased 1,608 shares of the company on June 12, 2026. This insider activity reflects ongoing interest in TCBK's stock, which was trading around $51.67 at the time of the transaction.

Insider Buying and Selling at TriCo Bancshares

In addition to Daniel Bailey's purchase, several other insiders were active on June 12. Peter Wiese, the EVP Chief Financial Officer, bought and sold 2,104 shares. Jason Todd Levingston, Chief Information Officer, acquired 539 shares, while Craig Carney, EVP Chief Credit Officer, sold 899 shares at an average price of $52.64. Angela Tamara Rudd, Chief Risk Officer, also bought 245 shares.

Other Institutional Activity in TCBK

Several institutional investors adjusted their holdings in TCBK. FMR LLC reduced its position by 32,534 shares, ending with 2,890,248 shares valued at approximately $137.4 million. Similarly, BlackRock, Inc. trimmed its holdings by 21,700 shares, leaving it with 2,392,458 shares worth about $113.7 million. On the other hand, Dimensional Fund Advisors LP increased its position by 11,298 shares to 1,696,463 shares, valued at $80.6 million. Franklin Resources Inc. also added 12,652 shares, bringing its total to 1,649,900 shares valued at $78.4 million.

Analysts Set New Price Targets

Analysts have shown a positive outlook on TCBK. On April 27, 2026, Piper Sandler maintained a buy rating with a price target of $63. Earlier in the year, on January 26, they reiterated a buy rating with a target of $59. 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 on January 23.

Bottom Line

The insider purchases and sales at TCBK, including those by Daniel Bailey, suggest active engagement by company executives. Institutional investors have made varied adjustments to their holdings, reflecting diverse strategies. Analysts' maintained buy ratings and price targets up to $63 indicate confidence in TCBK's prospects. As always, it's important for investors to consider these insights as part of a broader investment strategy.