TriCo Bancshares Insider Purchase: Angela Rudd Buys Shares
Angela Rudd, TriCo's Chief Risk Officer, acquired 245 shares on June 12, 2026.
Key Points
- Angela Rudd, TriCo Bancshares' Chief Risk Officer, bought 245 shares on June 12, 2026.
- TriCo Bancshares trades on NasdaqGS with a market cap of $1.66 billion and a P/E ratio of 13.1.
- Piper Sandler maintained a 'buy' rating with a $63 price target for TriCo Bancshares on April 27, 2026.
On June 12, 2026, Angela Rudd, the Chief Risk Officer at TriCo Bancshares, bought 245 shares of the company. The stock, trading under the ticker TCBK on NasdaqGS, was priced at $51.67.
Insider Buying and Selling at TriCo Bancshares
Angela Rudd wasn't the only insider active on June 12. Peter Wiese, the EVP Chief Financial Officer, also made moves, buying 2,104 shares and selling the same amount. Additionally, Jason Todd Levingston, the Chief Information Officer, acquired 539 shares, while Craig Carney, the EVP Chief Credit Officer, sold 899 shares.
Other Institutional Activity in TriCo Bancshares
Several institutional investors adjusted their holdings in TriCo Bancshares recently. FMR LLC reduced its position by 32,534 shares, ending with about 2,890,248 shares valued at $137.4 million. BlackRock, Inc. also trimmed its stake by 21,700 shares, holding 2,392,458 shares worth approximately $113.7 million. Meanwhile, Dimensional Fund Advisors LP increased its holdings by 11,298 shares, bringing its total to 1,696,463 shares valued at $80.6 million. Franklin Resources Inc. added 12,652 shares for a total of 1,649,900 shares, valued at $78.4 million. Vanguard Capital Management LLC maintained its position with 1,275,507 shares worth $60.6 million.
TriCo Bancshares Stock Snapshot
Shares of NasdaqGS:TCBK recently traded at $51.67. TriCo Bancshares boasts a market cap of $1.66 billion, with a P/E ratio of 13.1 and a forward P/E of 11.9. The stock's 52-week range has seen a low of $37.96 and a high of $53.18. Its 50-day moving average stands at $50.35, with a 200-day moving average of $47.86. The company's beta is 0.626, indicating lower volatility compared to the market.
Recent Earnings
TriCo Bancshares reported revenues of $415.9 million, reflecting a growth of 10.7%. The company's earnings per share (EPS) is $3.94, with a net margin of 30.99% and a return on equity (ROE) of 9.99%. Investors can look forward to the next earnings report 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 approach to rewarding shareholders while maintaining capital for growth.
Analysts Set New Price Targets
On April 27, 2026, Piper Sandler maintained its 'buy' rating for TriCo Bancshares, setting a price target of $63. Stephens & Co. also maintained a 'buy' rating with a $55 target. Keefe, Bruyette & Woods, meanwhile, maintained a 'hold' rating, targeting $55. The consensus among six analysts suggests a mean price target of $56.
About TriCo Bancshares
TriCo Bancshares, headquartered in Chico, California, operates as a bank holding company for Tri Counties Bank. It provides a range of commercial and retail banking services, including demand and savings deposits, as well as various loan products such as small business, real estate, and consumer loans. The company also offers treasury management, wealth management, and digital banking services. Founded in 1975, TriCo has grown to employ over 1,100 people under the leadership of CEO Richard P. Smith.
Bottom Line
Insider purchases, like those made by Angela Rudd, can signal confidence in a company's prospects. TriCo Bancshares, with its stable market position and recent institutional interest, remains a company to watch. However, it's important to remember that insider trades are just one piece of the puzzle. Investors should consider the broader financial context and company fundamentals when evaluating potential investments.
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.
