Craig Carney Acquires Shares of TCBK
Craig Carney, EVP Chief Credit Officer, bought 1,534 shares of TCBK on June 12, 2026.
Key Points
- Craig Carney, EVP Chief Credit Officer at TCBK, purchased 1,534 shares on June 12, 2026.
- Shares of TCBK traded at $51.67, with institutional peers adjusting their positions.
- Analysts from Piper Sandler and others maintain a 'buy' rating with targets up to $63.
Craig Carney, the Executive Vice President and Chief Credit Officer of TCBK, made a notable purchase of 1,534 shares on June 12, 2026. This insider activity highlights Carney's continued involvement with the company.
Other Institutional Activity in TCBK
Several institutional investors have also been active in TCBK recently. FMR LLC trimmed its holdings by 32,534 shares, bringing its total to 2,890,248 shares worth approximately $137.4 million. BlackRock, Inc. also reduced its stake by 21,700 shares, ending with 2,392,458 shares valued at about $113.7 million. In contrast, Dimensional Fund Advisors LP increased its position by 11,298 shares, reaching a total of 1,696,463 shares worth roughly $80.6 million. Franklin Resources Inc. added 12,652 shares, totaling 1,649,900 shares valued at approximately $78.4 million. Vanguard Capital Management LLC made a significant move by acquiring 1,275,507 shares, bringing its total to the same number, valued at about $60.6 million.
TCBK Stock Snapshot
Shares of TCBK traded at $51.67. The stock has seen various institutional adjustments, reflecting diverse investment strategies. While specific financial metrics such as market cap and P/E ratio are not provided, the stock's price movements and insider activities offer insights into investor sentiment.
Insider Buying and Selling at TCBK
On the same day, other insiders also engaged in trading activities. Peter Wiese, EVP Chief Financial Officer, executed both purchases and sales, each involving 2,104 shares. Daniel Bailey, EVP Chief Banking Officer, sold 1,608 shares. Jason Todd Levingston, Chief Information Officer, bought 539 shares, while Angela Tamara Rudd, Chief Risk Officer, acquired 245 shares.
Analysts Set New Price Targets
Analysts have maintained their ratings on TCBK with various price targets. On April 27, 2026, Piper Sandler maintained a 'buy' rating with a $63 target. Earlier in the year, on January 26, 2026, Piper Sandler and Stephens & Co. both maintained 'buy' ratings with targets of $59 and $55, respectively. Keefe, Bruyette & Woods and DA Davidson also maintained 'hold' ratings with target prices of $55 and $54.
About TCBK
TCBK operates in the financial sector, providing banking services and products. The company is involved in offering a range of financial solutions, including loans and deposit services. It serves a diverse clientele, aiming to meet the financial needs of its customers through tailored banking services.
Bottom Line
Craig Carney's recent share purchase underscores ongoing insider activity at TCBK. While institutional investors have adjusted their positions, analysts continue to show confidence with 'buy' ratings and price targets. As always, remember that insider and institutional activities provide insights but are backward-looking indicators.
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.