TCBK CEO Richard Smith Buys Shares, Insider Trading Update

TCBK's CEO Richard Smith acquired 4,879 shares, highlighting insider activity.

Key Points

  • TCBK CEO Richard Smith bought 4,879 shares on June 12, 2026, as the stock traded at $51.67.
  • TCBK's stock has seen both buying and selling by insiders, with EVP Peter Wiese and others making transactions.
  • Analysts maintain positive ratings, with Piper Sandler setting a price target of $63 on April 27, 2026.

Richard Smith, the CEO and President of TCBK, recently purchased 4,879 shares of the company. The transaction took place on June 12, 2026, as the stock was trading at approximately $51.67. This move was not part of a pre-planned trading program.

Insider Buying and Selling at TCBK

Alongside Richard Smith's purchase, several other TCBK insiders were active on June 12, 2026. EVP and CFO Peter Wiese participated in both buying and selling, acquiring 2,104 shares and selling the same amount. EVP and Chief Banking Officer Daniel Bailey sold 1,608 shares, while Chief Information Officer Jason Todd Levingston purchased 539 shares. Additionally, EVP and Chief Credit Officer Craig Carney sold 899 shares at an average price of $52.64, and Chief Risk Officer Angela Tamara Rudd bought 245 shares.

Other Institutional Activity in TCBK

Several major institutional investors have adjusted their positions in TCBK. FMR LLC reduced its holdings by 32,534 shares, finishing with 2,890,248 shares valued at about $137.4 million. BlackRock, Inc. also trimmed its stake by 21,700 shares, holding 2,392,458 shares worth approximately $113.7 million. On the other hand, Dimensional Fund Advisors LP increased its position by 11,298 shares to 1,696,463 shares, valued at about $80.6 million. Franklin Resources Inc. added 12,652 shares, bringing its total to 1,649,900 shares worth roughly $78.4 million.

Analysts Set New Price Targets

Analysts have maintained favorable ratings for TCBK. On April 27, 2026, Piper Sandler kept its 'buy' rating with a price target of $63. Earlier in the year, Stephens & Co. and Keefe, Bruyette & Woods both maintained their ratings, with targets of $55 and $50, respectively. The consensus suggests a continued positive outlook, with a mean target price reflecting confidence in the stock's potential.

Bottom Line

Insider activity at TCBK, including CEO Richard Smith's recent purchase, highlights ongoing interest in the company's stock. Institutional investors have made both reductions and additions to their holdings, indicating varied strategies. Analysts remain optimistic, maintaining their ratings and setting targets that suggest potential upside. As always, it's important to note that insider trades and analyst ratings are just pieces of the larger picture investors consider.

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.