Insider Selling: Sierra Bancorp (NASDAQ:BSRR) EVP Sells 10,000 Shares of Stock

May 30, 2026 by InsiderTrades.com

Key Points

Sierra Bancorp EVP Hugh Boyle sold 10,000 shares on May 29 at an average price of $38.21, generating about $382,100 and reducing his holdings by 31.47%.
The stock was trading down 0.9% at $37.98, near its 12-month high of $39.00, and the company has a market cap of about $496.8 million.
Sierra Bancorp recently beat quarterly EPS estimates with $0.96 per share versus $0.82 expected and also paid a quarterly dividend of $0.26, implying a 2.7% annualized yield.

Sierra Bancorp (NASDAQ:BSRR - Get Free Report) EVP Hugh Boyle sold 10,000 shares of the firm's stock in a transaction on Friday, May 29th. The stock was sold at an average price of $38.21, for a total transaction of $382,100.00. Following the completion of the transaction, the executive vice president directly owned 21,781 shares of the company's stock, valued at approximately $832,252.01. This represents a 31.47% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Sierra Bancorp Trading Down 0.9%

NASDAQ BSRR opened at $37.98 on Friday. The company has a fifty day simple moving average of $36.10 and a two-hundred day simple moving average of $34.62. The stock has a market cap of $496.78 million, a P/E ratio of 11.07 and a beta of 0.76. Sierra Bancorp has a 12-month low of $26.49 and a 12-month high of $39.00. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 0.24.

Sierra Bancorp (NASDAQ:BSRR - Get Free Report) last released its quarterly earnings data on Monday, April 27th. The financial services provider reported $0.96 earnings per share for the quarter, topping analysts' consensus estimates of $0.82 by $0.14. The firm had revenue of $38.66 million for the quarter, compared to analyst estimates of $39.68 million. Sierra Bancorp had a net margin of 22.53% and a return on equity of 12.67%. On average, analysts forecast that Sierra Bancorp will post 3.73 earnings per share for the current year.

Sierra Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, May 11th. Stockholders of record on Monday, May 4th were paid a $0.26 dividend. The ex-dividend date was Monday, May 4th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 2.7%. Sierra Bancorp's dividend payout ratio is presently 30.32%.

Analysts Set New Price Targets

A number of research firms have recently weighed in on BSRR. Zacks Research lowered shares of Sierra Bancorp from a "strong-buy" rating to a "hold" rating in a research note on Monday, April 6th. Weiss Ratings reiterated a "buy (b)" rating on shares of Sierra Bancorp in a research note on Friday, March 27th. DA Davidson reiterated a "buy" rating and issued a $44.00 price objective on shares of Sierra Bancorp in a research note on Tuesday, April 28th. Finally, Piper Sandler cut their price objective on shares of Sierra Bancorp from $36.00 to $34.00 and set a "neutral" rating on the stock in a research note on Thursday, April 2nd. Two analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and an average target price of $37.00.

Read Our Latest Research Report on BSRR

Institutional Trading of Sierra Bancorp

Hedge funds and other institutional investors have recently made changes to their positions in the business. Raymond James Financial Inc. acquired a new stake in Sierra Bancorp during the second quarter valued at $26,000. Russell Investments Group Ltd. grew its position in Sierra Bancorp by 3,714.3% during the third quarter. Russell Investments Group Ltd. now owns 1,068 shares of the financial services provider's stock valued at $31,000 after buying an additional 1,040 shares during the period. Tower Research Capital LLC TRC grew its position in Sierra Bancorp by 57.7% during the second quarter. Tower Research Capital LLC TRC now owns 2,266 shares of the financial services provider's stock valued at $67,000 after buying an additional 829 shares during the period. BNP Paribas Financial Markets grew its position in Sierra Bancorp by 121.6% during the third quarter. BNP Paribas Financial Markets now owns 3,565 shares of the financial services provider's stock valued at $103,000 after buying an additional 1,956 shares during the period. Finally, SG Americas Securities LLC acquired a new stake in Sierra Bancorp during the fourth quarter valued at $153,000. Institutional investors and hedge funds own 55.40% of the company's stock.

About Sierra Bancorp

(Get Free Report)

Sierra Bancorp (NASDAQ: BSRR) is a bank holding company headquartered in Porterville, California. The company operates through its banking subsidiary, offering a full suite of financial services to individual and commercial clients. With a community-focused approach, Sierra Bancorp emphasizes relationship banking and local market expertise.

Its core business activities include deposit-taking and lending. On the deposit side, Sierra Bancorp provides checking, savings, money market and certificate of deposit accounts.