TriCo Bancshares Insider Gregory Gehlmann Sells Shares

Gregory Gehlmann, TriCo's SVP General Counsel, sold 567 shares valued at $29,846.88.

Key Points

  • Gregory Gehlmann, SVP General Counsel at TriCo Bancshares, sold 567 shares on June 12, 2026, for $29,846.88.
  • TriCo Bancshares, trading at $51.67, has a market cap of $1.66 billion and a P/E ratio of 13.1.
  • Analysts maintain a buy rating with a mean price target of $56.00 for TriCo Bancshares.

On June 12, 2026, Gregory Gehlmann, Senior Vice President and General Counsel at TriCo Bancshares, sold 567 shares of the company. The transaction was valued at $29,846.88, with an average selling price of $52.64 per share.

What Changed in Gregory Gehlmann's TriCo Bancshares Position

Gehlmann's sale of 567 shares was not part of a pre-planned trading program. This transaction reduced his stake in the company, reflecting his current position adjustments.

Other Institutional Activity in TriCo Bancshares

Several institutional investors have also adjusted their positions in TriCo Bancshares. FMR LLC decreased its holdings by 32,534 shares, ending with approximately 2.89 million shares valued at $137.4 million. BlackRock, Inc. reduced its stake by 21,700 shares, resulting in 2.39 million shares worth about $113.7 million. In contrast, Dimensional Fund Advisors LP increased its holdings by 11,298 shares to 1.7 million shares, valued at around $80.6 million. Franklin Resources Inc. added 12,652 shares, bringing its total to about 1.65 million shares worth $78.4 million.

TriCo Bancshares Stock Snapshot

Shares of NasdaqGS:TCBK traded near $51.67. TriCo Bancshares has a market cap of approximately $1.66 billion and a P/E ratio of 13.1. 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. The company's beta is 0.626, indicating lower volatility compared to the broader market.

Recent Earnings

TriCo Bancshares reported revenue of $415.9 million, reflecting a growth of 10.7%. The company's earnings per share (EPS) stood at $3.94, with a net margin of 30.99% and a return on equity (ROE) of 9.99%. The next earnings report is expected on July 23, 2026.

Dividend

TriCo Bancshares offers an annual dividend rate of $1.44, yielding 2.79%. The dividend payout ratio is 35.79%, indicating a balanced return of profits to shareholders.

Insider Buying and Selling at TriCo Bancshares

Other recent insider transactions include EVP Chief Financial Officer Peter Wiese, who bought 2,104 shares and sold the same amount on June 12, 2026. EVP Chief Banking Officer Daniel Bailey sold 1,608 shares, while Chief Information Officer Jason Todd Levingston bought 539 shares. EVP Chief Credit Officer Craig Carney sold 899 shares at $52.64 each, and Chief Risk Officer Angela Tamara Rudd bought 245 shares.

Analysts Set New Price Targets

On April 27, 2026, Piper Sandler maintained a "buy" rating on TriCo Bancshares with a price target of $63. Stephens & Co. also maintained a "buy" rating with a $55 target on January 26, 2026. The consensus among six analysts is a "buy" rating, with a mean target price of $56.00.

About TriCo Bancshares

TriCo Bancshares is a bank holding company based in Chico, California. It operates Tri Counties Bank, offering a range of commercial and retail banking services to individuals and businesses. The bank provides various deposit and loan products, including savings accounts, business loans, and mortgage services. Founded in 1975, TriCo Bancshares has grown to employ over 1,100 people under the leadership of CEO Richard P. Smith.

Bottom Line

Gregory Gehlmann’s recent sale of shares is part of ongoing insider activity at TriCo Bancshares. With a solid market presence and consistent earnings growth, the company remains a key player in the regional banking sector. Investors and analysts continue to monitor the stock closely, with a generally positive outlook reflected in current analyst ratings and price targets.

See Also

This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.