Banc of California Inc’s recent filing unveils that its Director Barker James Andrew acquired Company’s shares for reported $0.13 million on Apr 29 ’25. In the deal valued at $13.16 per share,10,000 shares were bought. As a result of this transaction, Barker James Andrew now holds 169,680 shares worth roughly $2.45 million.
Then, LASHLEY RICHARD J sold 125,000 shares, generating $1,774,625 in total proceeds. Upon selling the shares at $14.20, the Director now owns 668,939 shares.
Before that, LASHLEY RICHARD J sold 75,000 shares. Banc of California Inc shares valued at $1,050,300 were divested by the Director at a price of $14.00 per share. As a result of the transaction, LASHLEY RICHARD J now holds 719,826 shares, worth roughly $10.41 million.
JP Morgan initiated its Banc of California Inc [BANC] rating to a Neutral in a research note published on February 07, 2025; the price target was $18. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who increased its forecast for the stock in early January from “an Equal weight” to “an Overweight”. Barclays also remained covering BANC and has increased its forecast on October 31, 2024 with a “an Overweight” recommendation from previously “an Equal weight” rating. Citigroup started covering the stock on October 10, 2024. It rated BANC as “a Neutral”.
Price Performance Review of BANC
On Friday, Banc of California Inc [NYSE:BANC] saw its stock jump 0.28% to $14.46. Over the last five days, the stock has gained 5.09%. Banc of California Inc shares have fallen nearly -6.47% since the year began. Nevertheless, the stocks have risen 3.36% over the past one year. While a 52-week high of $18.08 was reached on 02/06/25, a 52-week low of $11.52 was recorded on 04/09/25. SMA at 50 days reached $13.61, while 200 days put it at $14.81.
Levels Of Support And Resistance For BANC Stock
The 24-hour chart illustrates a support level at 14.32, which if violated will result in even more drops to 14.18. On the upside, there is a resistance level at 14.54. A further resistance level may holdings at 14.62. The Relative Strength Index (RSI) on the 14-day chart is 60.54, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.52, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 15.91%. Stochastics %K at 85.61% indicates the stock is a selling.
