Hope Bancorp (NASDAQ:HOPE) EVP Angelee Harris Sells 3,200 Shares of Stock

November 15, 2026 by InsiderTrades.com

Key Points

EVP Angelee Harris sold 3,200 Hope Bancorp shares at an average $13.10 each, totaling $41,920; she retained 27,552 shares after the sale.
Hope Bancorp reported quarterly EPS of $0.29, in line with estimates, while revenue of $157.48 million exceeded analysts’ expectations of $151.34 million.
The company declared a quarterly dividend of $0.14 per share, equivalent to a 4.3% annualized yield. Analysts’ consensus rating is Hold, with an average target price of $14.

Hope Bancorp, Inc. (NASDAQ:HOPE - Get Free Report) EVP Angelee Harris sold 3,200 shares of the stock in a transaction dated Thursday, November 12th. The shares were sold at an average price of $13.10, for a total transaction of $41,920.00. Following the completion of the sale, the executive vice president owned 27,552 shares of the company's stock, valued at approximately $360,931.20. The trade was a 10.41% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Hope Bancorp Price Performance

HOPE traded down $0.04 during trading on Friday, reaching $13.02. The company's stock had a trading volume of 729,032 shares, compared to its average volume of 1,282,449. The company has a quick ratio of 0.97, a current ratio of 0.96 and a debt-to-equity ratio of 0.22. The firm has a fifty day simple moving average of $13.59 and a two-hundred day simple moving average of $12.89. Hope Bancorp, Inc. has a 1 year low of $9.80 and a 1 year high of $14.59. The company has a market cap of $1.66 billion, a price-to-earnings ratio of 12.52 and a beta of 0.90.

Hope Bancorp (NASDAQ:HOPE - Get Free Report) last issued its earnings results on Wednesday, October 28th. The financial services provider reported $0.29 earnings per share for the quarter, hitting the consensus estimate of $0.29. The business had revenue of $157.48 million for the quarter, compared to analysts' expectations of $151.34 million. Hope Bancorp had a return on equity of 5.97% and a net margin of 12.90%. During the same period in the previous year, the firm posted $0.25 EPS. As a group, analysts anticipate that Hope Bancorp, Inc. will post 1.07 EPS for the current year.

Hope Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 20th. Investors of record on Saturday, November 7th will be given a dividend of $0.14 per share. The ex-dividend date is Friday, November 6th. This represents a $0.56 dividend on an annualized basis and a yield of 4.3%. Hope Bancorp's dividend payout ratio (DPR) is presently 53.85%.

Hedge Funds Weigh In On Hope Bancorp

Several institutional investors and hedge funds have recently bought and sold shares of the company. Pathstone Holdings LLC grew its stake in shares of Hope Bancorp by 4.3% in the 3rd quarter. Pathstone Holdings LLC now owns 28,495 shares of the financial services provider's stock valued at $379,000 after buying an additional 1,173 shares during the period. Empowered Funds LLC raised its position in shares of Hope Bancorp by 10.1% during the 3rd quarter. Empowered Funds LLC now owns 546,688 shares of the financial services provider's stock valued at $7,265,000 after buying an additional 50,069 shares during the period. First Trust Advisors LP raised its position in shares of Hope Bancorp by 58.9% during the 3rd quarter. First Trust Advisors LP now owns 321,436 shares of the financial services provider's stock valued at $4,272,000 after buying an additional 119,120 shares during the period. Hantz Financial Services Inc. raised its position in shares of Hope Bancorp by 18.7% during the 3rd quarter. Hantz Financial Services Inc. now owns 49,688 shares of the financial services provider's stock valued at $660,000 after buying an additional 7,814 shares during the period. Finally, Maryland State Retirement & Pension System raised its position in shares of Hope Bancorp by 50.0% during the 3rd quarter. Maryland State Retirement & Pension System now owns 28,144 shares of the financial services provider's stock valued at $374,000 after buying an additional 9,384 shares during the period. 84.00% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on HOPE shares. Weiss Ratings raised Hope Bancorp from a "buy (b-)" rating to a "buy (b)" rating in a research note on Tuesday, October 27th. Benchmark upgraded Hope Bancorp to a "hold" rating in a report on Wednesday, September 23rd. Piper Sandler cut their target price on Hope Bancorp from $15.00 to $13.00 and set a "neutral" rating for the company in a research note on Monday, November 2nd. DA Davidson downgraded Hope Bancorp from a "buy" rating to a "neutral" rating and cut their target price for the stock from $16.00 to $14.00 in a research note on Friday, October 30th. Finally, Keefe, Bruyette & Woods lifted their price target on Hope Bancorp from $14.00 to $15.00 and gave the stock a "hold" rating in a report on Monday, August 3rd. Two investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, Hope Bancorp currently has an average rating of "Hold" and a consensus target price of $14.00.

Check Out Our Latest Report on Hope Bancorp

About Hope Bancorp

(Get Free Report)

Hope Bancorp, Inc. is the bank holding company for Bank of Hope, a commercial bank headquartered in Los Angeles. Bank of Hope was formed in 2016 through the merger of BBCN Bank and Wilshire Bank, bringing together institutions with roots in serving Korean-American communities. The bank provides deposit accounts, commercial and consumer lending, and other banking services to individuals and businesses. Its offerings include commercial real estate and business loans, small-business lending, treasury management, and online and mobile banking.