Trico Bancshares / (TCBK): Thomas J Reddish , EVP & Chief Financial Officer of Trico Bancshares / sold 2,000 shares on May 25, 2016. The Insider selling transaction was reported by the company on May 27, 2016 to the Securities and Exchange Commission. The shares were sold at $28.00 per share for a total value of $56,000.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 25, 2016, Richard B Osullivan (EVP Wholesale Banking) sold 25,000 shares at $27.59 per share price.On Apr 29, 2016, Thomas J Reddish (EVP & Chief Financial Officer) sold 1,549 shares at $27.16 per share price.Also, On Nov 20, 2015, J M Jr Wells (director) sold 4,230 shares at $28.50 per share price.On Nov 20, 2015, M J Cushman (EVP, Strategic Initiatives) sold 71,098 shares at $28.24 per share price.
TriCo Bancshares: On Wednesday, May 25, 2016 heightened volatility was witnessed in TriCo Bancshares which led to swings in the share price. The shares opened for trading at $27.78 and hit $28 on the upside , eventually ending the session at $27.94, with a gain of 0.58% or 0.16 points. The heightened volatility saw the trading volume jump to 62,733 shares. The 52-week high of the share price is $29.65 and the company has a market cap of $637 M . The 52-week low of the share price is at $22.89.
TriCo Bancshares is a bank holding company that operates through its wholly owned subsidiary Tri Counties Bank (the Bank). The Bank conducts a commercial banking business including accepting demand savings and time deposits and making commercial real estate and consumer loans. It also offers installment note collection issues cashier’s checks sells travelers checks and provides safe deposit boxes and other customary banking services. Brokerage services are provided at the Bank’s offices by the Bank’s association with Raymond James Financial Services Inc. an independent financial services provider and broker-dealer. The Company is engaged in the general commercial banking business through approximately 73 offices in 26 counties in Northern and Central California.