TriCo Bancshares (NASDAQ:TCBK) EVP Craig B. Carney sold 5,000 shares of the stock in a transaction on Wednesday, August 16th. The stock was sold at an average price of $37.25, for a total value of $186,250.00. Following the transaction, the executive vice president now owns 23,998 shares in the company, valued at approximately $893,925.50. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

TriCo Bancshares (NASDAQ TCBK) traded up 0.17% on Friday, reaching $35.47. The company’s stock had a trading volume of 99,228 shares. The firm has a market cap of $813.15 million, a price-to-earnings ratio of 16.35 and a beta of 0.89. TriCo Bancshares has a 12 month low of $25.43 and a 12 month high of $38.58. The firm has a 50 day moving average of $36.11 and a 200 day moving average of $35.72.

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Several research analysts have weighed in on the company. BidaskClub upgraded TriCo Bancshares from a “strong sell” rating to a “sell” rating in a research report on Wednesday, August 9th. Zacks Investment Research upgraded TriCo Bancshares from a “hold” rating to a “buy” rating and set a $41.00 price objective on the stock in a research report on Wednesday, August 2nd. FBR & Co reiterated a “hold” rating and set a $37.00 price objective on shares of TriCo Bancshares in a research report on Monday, May 1st. Finally, ValuEngine upgraded TriCo Bancshares from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the company’s stock. TriCo Bancshares has a consensus rating of “Hold” and an average price target of $39.00.

Several hedge funds have recently modified their holdings of TCBK. FMR LLC raised its stake in shares of TriCo Bancshares by 45.1% in the second quarter. FMR LLC now owns 697,792 shares of the financial services provider’s stock valued at $24,527,000 after buying an additional 216,734 shares during the last quarter. Eagle Asset Management Inc. purchased a new stake in shares of TriCo Bancshares during the second quarter valued at about $6,843,000. IronBridge Capital Management LP purchased a new stake in shares of TriCo Bancshares during the first quarter valued at about $6,230,000. FSI Group LLC purchased a new stake in shares of TriCo Bancshares during the first quarter valued at about $2,167,000. Finally, Dimensional Fund Advisors LP raised its stake in shares of TriCo Bancshares by 5.7% in the first quarter. Dimensional Fund Advisors LP now owns 1,060,054 shares of the financial services provider’s stock valued at $37,664,000 after buying an additional 57,076 shares during the last quarter. Hedge funds and other institutional investors own 69.39% of the company’s stock.

About TriCo Bancshares

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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