BSRR SIERRA BANCORP

NEUTRAL Impact: 4/10 Insider Cluster (2 insiders)
Horizon weeks Filed May 29, 2026 Processed 11d 5h ago
Insider cluster: 2 insiders, $764K total
Latest settled — T+5d
BSRR ▲ +3.74% at T+5d
NEUTRAL call ✓ call won +3.74% · α vs SPY +6.49% · entry $37.68 → $39.09
Next anchor: T+20d in 19d
Last close $39.17 (close Jun 8) · +3.95% from $37.68 entry
Entry anchored
May 29, 2026
via day open
T+1d
+1.70%
call +1.70% · α +1.55%
$38.32
settled 9d ago
T+5d
+3.74%
call +3.74% · α +6.49%
$39.09
settled 5d ago
T+20d
call — · α —
in 19d
T+60d
call — · α —
in 3mo

Price Chart

Loading chart...

Executive Summary

Two senior executives at Sierra Bancorp (EVP/CFO and EVP/Chief Credit Officer) each sold $382K of stock in open-market transactions within a week, totaling $764K. This represents ~0.15% of the company's $501M market cap, a modest but notable cluster of insider selling by two C-suite officers.

Key Financial Metrics

Direction
selling
Total Value
$764.0K
Insiders
2

Actionable Insight

The cluster of two C-suite officers selling similar amounts within a week is notable but not alarming at 0.15% of market cap. Per academic literature, cluster sales are less informative than cluster buys. Monitor for any upcoming earnings release or material news that could explain the timing. The 30-day prior insider activity showed $954K in sales, suggesting a consistent pattern of insider liquidity rather than a one-off event.

Key Facts

  • EVP/CFO Christopher Treece sold 10,000 shares at $38.18 on 2026-05-22, proceeds $382K
  • EVP/Chief Credit Officer Hugh Boyle sold 10,000 shares at $38.21 on 2026-05-29, proceeds $382K
  • Total cluster value: $764K, representing ~0.15% of market cap
  • Both sales were open-market transactions (code S), not tax-withholding or derivative exercises
  • No insider purchases were reported in the cluster window

Financial Impact

Total insider selling of $764K, or ~0.15% of $501M market cap

insider ownershipdilution

Risk Factors

  • Insider selling by two senior finance/credit officers could signal caution about near-term credit quality or earnings
  • Cluster sales may be driven by shared blackout-window opening or 10b5-1 plans, reducing informational content
  • No insider buying to offset the selling pattern

Market Snapshot

Exchange
Nasdaq
Sector
State Commercial Banks
Analyst Consensus
55% bullish (11 analysts)

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-BSRR-1780094232320
7 reports for BSRR
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for BSRR — sortable, filterable
Type Now
May 29, 2026
11d ago
Insider Cluster
NEUTRAL ★ 4/10
$37.68 $39.09▲ +3.74%▲ +6.49%$39.17 (+3.95%)
May 22, 2026
18d ago
Insider Cluster
NEUTRAL ★ 3/10
$38.44 $38.32▼ −0.31%▼ −1.52%$39.17 (+1.90%)
May 4, 2026
5w ago
8-K
NEUTRAL ★ 1/10
$35.82 $37.54▲ +4.80%▲ +1.87%$39.17 (+9.35%)
Apr 27, 2026
6w ago
8-K
BULLISH ★ 8/10
$36.82 $35.82▼ −2.71%▼ −3.11%$39.17 (+6.39%)
Apr 24, 2026
6w ago
8-K
NEUTRAL ★ 3/10
$36.01 $36.08▲ +0.19%▼ −0.72%$39.17 (+8.77%)
Apr 20, 2026
7w ago
8-K
NEUTRAL ★ 5/10
$36.66 $37.08▲ +1.15%▲ +0.24%$39.17 (+6.85%)
Apr 7, 2026
9w ago
DEFA14A
NEUTRAL ★ 2/10
$34.36 $36.09▲ +5.02%▼ −0.31%$39.17 (+13.99%)
Showing 7 of 7

US Market Status

Market Closed — Opens in 9h 14m

Subscribe to SecBot

Get Real-Time SEC Filing Intelligence

Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.

Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access