Insider Selling: Hope Bancorp (NASDAQ:HOPE) EVP Sells 1,650 Shares of Stock

September 10, 2026 by InsiderTrades.com

Key Points

Hope Bancorp EVP Thomas Stenger sold 1,650 shares at an average price of $13.80, worth $22,770, reducing his ownership by 6.32% to 24,478 shares.
The company exceeded quarterly expectations, reporting earnings of $0.27 per share on $147.82 million in revenue, while maintaining a quarterly dividend of $0.14 per share, yielding about 4.1% annually.
Analyst sentiment is moderately positive, with an average price target of $15.50 versus the stock’s recent price near $13.82; institutional investors own approximately 84% of shares.

Hope Bancorp, Inc. (NASDAQ:HOPE - Get Free Report) EVP Thomas Stenger sold 1,650 shares of the company's stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $13.80, for a total value of $22,770.00. Following the sale, the executive vice president owned 24,478 shares of the company's stock, valued at approximately $337,796.40. The trade was a 6.32% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Hope Bancorp Stock Down 1.1%

Shares of NASDAQ HOPE opened at $13.82 on Thursday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.97 and a current ratio of 0.98. Hope Bancorp, Inc. has a 52 week low of $9.80 and a 52 week high of $14.59. The stock has a market capitalization of $1.77 billion, a P/E ratio of 13.82 and a beta of 0.83. The stock's fifty day moving average is $13.87 and its 200 day moving average is $12.74.

Hope Bancorp (NASDAQ:HOPE - Get Free Report) last posted its quarterly earnings data on Monday, July 27th. The financial services provider reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.01. The business had revenue of $147.82 million during the quarter, compared to analysts' expectations of $146.50 million. Hope Bancorp had a net margin of 12.53% and a return on equity of 5.71%. During the same quarter in the prior year, the business posted ($0.22) earnings per share. Sell-side analysts forecast that Hope Bancorp, Inc. will post 1.13 earnings per share for the current fiscal year.

Hope Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, August 20th. Investors of record on Thursday, August 6th were given a dividend of $0.14 per share. The ex-dividend date was Thursday, August 6th. This represents a $0.56 annualized dividend and a dividend yield of 4.1%. Hope Bancorp's dividend payout ratio (DPR) is currently 56.00%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Keefe, Bruyette & Woods raised their target price on Hope Bancorp from $14.00 to $15.00 and gave the company a "hold" rating in a report on Monday, August 3rd. DA Davidson boosted their price target on Hope Bancorp from $15.00 to $16.00 and gave the stock a "buy" rating in a report on Tuesday, July 28th. Finally, Weiss Ratings upgraded Hope Bancorp from a "hold (c+)" rating to a "buy (b)" rating in a research report on Tuesday, August 11th. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $15.50.

Get Our Latest Stock Report on HOPE

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of HOPE. BlackRock Inc. acquired a new stake in shares of Hope Bancorp during the 2nd quarter valued at $252,703,000. Wellington Management Group LLP raised its position in Hope Bancorp by 14.5% in the second quarter. Wellington Management Group LLP now owns 11,438,933 shares of the financial services provider's stock valued at $156,485,000 after purchasing an additional 1,448,931 shares during the last quarter. Dimensional Fund Advisors LP raised its position in Hope Bancorp by 4.5% in the first quarter. Dimensional Fund Advisors LP now owns 7,367,855 shares of the financial services provider's stock valued at $82,298,000 after purchasing an additional 315,028 shares during the last quarter. State Street Corp boosted its stake in shares of Hope Bancorp by 3.3% during the second quarter. State Street Corp now owns 6,494,266 shares of the financial services provider's stock valued at $69,683,000 after purchasing an additional 209,442 shares in the last quarter. Finally, HoldCo Asset Management LP acquired a new stake in shares of Hope Bancorp during the fourth quarter valued at about $32,838,000. 84.00% of the stock is currently owned by institutional investors.

Hope Bancorp Company Profile

(Get Free Report)

Hope Bancorp, Inc operates as the bank holding company for Hope Bank, a California-chartered financial institution serving small and middle-market businesses, professionals and affluent individuals. The company's principal activities include accepting a variety of deposit products—such as checking accounts, savings and money market accounts, and time deposits—and extending commercial credit facilities. With a focus on community banking, Hope Bancorp tailors its offerings to meet the needs of clients in diverse industries, including real estate, professional services and import/export trade.

In its lending business, Hope Bancorp provides commercial real estate loans, construction financing, working capital lines of credit and equipment financing.