WAL Chief Credit Officer Lynne Herndon Sells 84 Shares
Lynne Herndon, Chief Credit Officer at WAL, sold 84 shares on June 15, 2026.
Reviewed by automated data checks against the source filing. How we make and check alerts
Lynne Herndon, Chief Credit Officer at Western Alliance Bancorporation ($WAL), sold 84 shares on June 15, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $WAL is down 3.7% after 1 week, down 0.0% after 1 month and down 8.4% to date (from the $81.39 close on Jun 15, 2026).
WAL
Western Alliance Bancorporation
Key Points
- On June 15, 2026, Lynne Herndon sold 84 shares of Western Alliance Bancorporation (WAL) at a market price of $81.48, totaling approximately $6,843.
- The stock is currently trading near its 50-day moving average of $80.68, reflecting a strong position within its recent range.
- Analysts maintain a positive outlook on WAL, with a consensus rating of 'buy' and a target price averaging $92.87.
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Insider Buying and Selling at Western Alliance Bancorporation
Lynne Herndon, Chief Credit Officer at Western Alliance Bancorporation (WAL), sold 84 shares on June 15, 2026. The shares were sold at a market price of $81.48, bringing the total value of the transaction to about $6,843. This sale comes as part of a broader set of insider transactions on the same day.
Other Insiders Join Herndon
On the same day, several other insiders also sold shares. Dale Gibbons, Vice Chair and CBO of Deposits, sold 726 shares at $81.81, valued at approximately $59,394. Tim Bruckner, CBO for Regional Banking, sold 415 shares, also at $81.81, totaling around $33,951. Additionally, Vishal Idnani, the Chief Financial Officer, sold 123 shares but also purchased 123 shares on the same day, indicating some activity on both sides.
How WAL Stock Has Traded
Currently, WAL is trading around $81.48, which is close to its 50-day moving average of $80.68. The stock has seen a 52-week low of $65.82 and a high of $97.23, showing it has been fluctuating within a significant range. The timing of these insider sales may be noteworthy as the stock approaches its next earnings date.
Analysts Set New Price Targets
Analysts continue to hold a favorable view of WAL. On October 9, 2026, RBC Capital maintained an 'Outperform' rating with a target price of $93.00, while Truist Securities also maintained a 'Buy' rating but lowered its target to $84.00. The consensus among 15 analysts gives WAL a mean target price of $92.87, indicating confidence in the company's future performance.
What WAL Does
Western Alliance Bancorporation operates as a bank holding company, primarily providing banking services in Arizona, California, and Nevada. It offers a range of financial products, including commercial and consumer banking services, which helps it maintain a solid market presence.
What's Ahead for WAL
Investors will be watching for WAL's next earnings report scheduled for October 21, 2026. As always, the insider transactions reported reflect past positions and may not represent current holdings or future actions. With ongoing analyst support and insider activity, WAL remains a company to watch in the financial services sector.
Related Filing Alerts
Source: Lynne Herndon's Form 4 filing on $WAL (Jun 15, 2026). Find the original filing: WAL Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts