Blanchet Paul III Buys Shares of HBCP
Blanchet Paul III purchased 100 shares of HBCP on June 12, 2026.
Key Points
- Blanchet Paul III bought 100 shares of HBCP on June 12, 2026, as part of a recent insider transaction.
- HBCP shares are currently trading at $68.08 with notable institutional activity from firms like Dimensional Fund Advisors and BlackRock.
- Piper Sandler recently downgraded HBCP to a hold rating with a $69 price target, reflecting cautious sentiment.
Blanchet Paul III recently bought 100 shares of HBCP on June 12, 2026. This insider transaction was not part of a pre-planned trading program. While the purchase price wasn't disclosed, HBCP shares are trading at $68.08.
Other Institutional Activity in HBCP
Dimensional Fund Advisors LP increased its holdings by 7,792 shares, bringing its total to 429,581 shares valued at about $26.02 million. BlackRock, Inc. trimmed its position by 6,737 shares, leaving it with 411,940 shares worth approximately $24.96 million. Vanguard Capital Management LLC made a large addition, acquiring 295,778 shares to reach the same number of shares, valued at $17.92 million. American Century Companies Inc added 25,614 shares, now holding 186,588 shares valued at $11.30 million. Meanwhile, Geode Capital Management, LLC grew its position by 5,364 shares to a total of 164,365 shares, valued at $9.96 million.
HBCP Stock Snapshot
HBCP shares are trading at $68.08. The stock has seen a range over the past year, with a 52-week low and high that investors keep an eye on. Its moving averages and other financial metrics provide insight into the stock's performance.
Insider Buying and Selling at HBCP
On June 12, 2026, several insiders, including Trappey Ann Forte, Daniel Guidry, John Scott Ballard, Chris Rader, and Blanchet Paul III, each bought 100 shares. These buys were not part of a planned trading plan. On the same day, Mark Herpin, SEVP and Chief Operations Officer, sold 110 shares at an average price of $68.08.
Analysts Set New Price Targets
On April 22, 2026, Piper Sandler downgraded HBCP to a hold rating with a price target of $69. Raymond James, however, maintained its buy rating with a target of $62 back in July 2025. The consensus among analysts gives HBCP a mixed outlook, with varying price targets reflecting different levels of confidence.
Bottom Line
Insider buying activity like that of Blanchet Paul III can indicate confidence in the company's future. However, it's important to remember that these transactions are disclosed after they occur. Institutional movements and analyst ratings also provide valuable context for understanding HBCP's market position. Investors should consider these factors and conduct their own research when evaluating the stock.
See Also
This instant news alert was generated by automated narrative technology and financial data from Trueearnings and public regulatory filings. It is for informational purposes only and is not financial advice.