Popular Inc. (NASDAQ:BPOP) EVP Eli Sepulveda sold 2,500 shares of Popular stock in a transaction on Friday, November 18th. The shares were sold at an average price of $41.71, for a total value of $104,275.00. Following the completion of the transaction, the executive vice president now owns 36,756 shares of the company’s stock, valued at $1,533,092.76. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Eli Sepulveda also recently made the following trade(s):

  • On Friday, October 28th, Eli Sepulveda sold 3,762 shares of Popular stock. The stock was sold at an average price of $36.97, for a total value of $139,081.14.

Popular Inc. (NASDAQ:BPOP) opened at 41.12 on Wednesday. The firm has a market cap of $4.27 billion, a PE ratio of 11.97 and a beta of 1.63. The company has a 50-day moving average price of $38.55 and a 200 day moving average price of $34.84. Popular Inc. has a 12 month low of $22.40 and a 12 month high of $42.83.

Popular (NASDAQ:BPOP) last announced its quarterly earnings results on Tuesday, October 25th. The company reported $0.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.88 by $0.44. Popular had a net margin of 17.25% and a return on equity of 6.99%. During the same period last year, the company earned $0.82 earnings per share. Equities research analysts anticipate that Popular Inc. will post $3.03 EPS for the current year.

Insider Buying and Selling by Quarter for Popular (NASDAQ:BPOP)

A number of hedge funds have recently made changes to their positions in the stock. The Manufacturers Life Insurance Company bought a new stake in shares of Popular during the third quarter valued at about $105,000. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Popular by 10.8% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,464 shares of the company’s stock valued at $132,000 after buying an additional 337 shares in the last quarter. Riverhead Capital Management LLC bought a new stake in shares of Popular during the third quarter valued at about $141,000. Sei Investments Co. increased its stake in shares of Popular by 94.2% in the second quarter. Sei Investments Co. now owns 5,871 shares of the company’s stock valued at $173,000 after buying an additional 2,848 shares in the last quarter. Finally, Cubist Systematic Strategies LLC bought a new stake in shares of Popular during the second quarter valued at about $195,000. Hedge funds and other institutional investors own 84.72% of the company’s stock.

A number of analysts have issued reports on the company. BTIG Research downgraded Popular from a “buy” rating to a “neutral” rating in a report on Tuesday. They noted that the move was a valuation call. Barclays PLC lifted their price target on Popular from $32.00 to $36.00 and gave the stock an “equal weight” rating in a report on Thursday, July 28th. Zacks Investment Research raised Popular from a “sell” rating to a “hold” rating in a report on Wednesday, August 3rd. Compass Point downgraded Popular from a “buy” rating to a “neutral” rating in a report on Friday, November 18th. Finally, TheStreet raised Popular from a “hold” rating to a “buy” rating in a report on Wednesday, August 17th. Six investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Popular has an average rating of “Hold” and an average price target of $37.83.

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Popular Company Profile

Popular, Inc (Popular) is a financial holding company. The Company operates in two segments: Banco Popular de Puerto Rico (BPPR), which includes its Puerto Rico business, and Banco Popular North America (BPNA), which includes its the United States mainland business. The Company has operations in Puerto Rico, the United States and the Caribbean.

5 Day Chart for NASDAQ:BPOP

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