Trico Bancshares / (TCBK): Craig B Carney , EVP & Chief Credit Officer of Trico Bancshares / sold 4,679 shares on Sep 9, 2016. The Insider selling transaction was reported by the company on Sep 12, 2016 to the Securities and Exchange Commission. The shares were sold at $27.01 per share for a total value of $126,367.62 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jul 14, 2016, Carol A Ward (EVP/Chief Operating Officer) sold 3,944 shares at $28.11 per share price.On Jun 9, 2016, Richard B Osullivan (EVP Wholesale Banking) sold 25,000 shares at $27.59 per share price.Also, On Jun 9, 2016, Thomas J Reddish (EVP & Chief Financial Officer) sold 2,000 shares at $28.00 per share price.On Nov 20, 2015, J M Jr Wells (director) sold 4,230 shares at $28.50 per share price.
TriCo Bancshares: On Monday, Sep 12, 2016 heightened volatility was witnessed in TriCo Bancshares which led to swings in the share price. The shares opened for trading at $26.9 and hit $27.091 on the upside , eventually ending the session at $27.06, with a gain of 0.22% or 0.06 points. The heightened volatility saw the trading volume jump to 61,262 shares. The 52-week high of the share price is $29.65 and the company has a market cap of $618 M . The 52-week low of the share price is at $23.47.
Company has been under the radar of several Street Analysts.TriCo Bancshares is Downgraded by Keefe Bruyette to Mkt Perform. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Jul 29, 2016.
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.