News coverage about TriCo Bancshares (NASDAQ:TCBK) has trended somewhat positive recently, according to Accern. The research firm rates the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. TriCo Bancshares earned a news impact score of 0.18 on Accern’s scale. Accern also gave news headlines about the financial services provider an impact score of 46.5966914182064 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
A number of equities research analysts have recently weighed in on TCBK shares. Zacks Investment Research downgraded shares of TriCo Bancshares from a “buy” rating to a “hold” rating in a research note on Friday, August 25th. BidaskClub downgraded shares of TriCo Bancshares from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 19th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. TriCo Bancshares presently has a consensus rating of “Hold” and an average target price of $39.00.
TriCo Bancshares (TCBK) traded down 1.8180% during midday trading on Monday, reaching $42.1397. 15,959 shares of the company traded hands. The stock’s 50 day moving average is $39.43 and its 200 day moving average is $36.57. TriCo Bancshares has a one year low of $25.43 and a one year high of $43.22. The company has a market capitalization of $966.05 million, a price-to-earnings ratio of 19.4192 and a beta of 0.90.
In other TriCo Bancshares news, EVP Craig B. Carney sold 5,000 shares of the stock in a transaction that occurred on Wednesday, August 16th. The shares were sold at an average price of $37.25, for a total transaction of $186,250.00. Following the transaction, the executive vice president now directly owns 23,998 shares in the company, valued at $893,925.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 9.10% of the stock is owned by company insiders.
TriCo Bancshares Company Profile
TriCo Bancshares is a bank holding company. The Company’s principal subsidiary is Tri Counties Bank, a California-chartered commercial bank (the Bank). The Bank offers banking services to retail customers and small to medium-sized businesses through 68 branch offices in Northern and Central California.
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