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TriCo Bancshares (NASDAQ:TCBK) CFO Thomas J. Reddish unloaded 5,000 shares of the company’s stock in a transaction dated Monday, June 30th. The shares were sold at an average price of $23.24, for a total value of $116,200.00. Following the sale, the chief financial officer now directly owns 60,221 shares of the company’s stock, valued at approximately $1,399,536. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Separately, analysts at FIG Partners initiated coverage on shares of TriCo Bancshares in a research note on Tuesday, April 8th. They set an “outperform” rating on the stock. Two investment analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $28.33.

TriCo Bancshares (NASDAQ:TCBK) traded down 1.62% on Monday, hitting $23.14. 37,140 shares of the company’s stock traded hands. TriCo Bancshares has a 52 week low of $20.11 and a 52 week high of $29.30. The stock’s 50-day moving average is $23.15 and its 200-day moving average is $25.02. The company has a market cap of $373.1 million and a P/E ratio of 14.60.

TriCo Bancshares (NASDAQ:TCBK) last announced its earnings results on Tuesday, April 29th. The company reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.07. Analysts expect that TriCo Bancshares will post $1.69 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Monday, June 30th. Shareholders of record on Wednesday, June 18th will be paid a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a dividend yield of 1.90%. The ex-dividend date is Monday, June 16th.

TriCo Bancshares (NASDAQ:TCBK) is a bank holding company that operates through its wholly owned subsidiary, Tri Counties Bank (the Bank).

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