The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Banc of California Inc shares valued at $532,500 were sold by LASHLEY RICHARD J on Jun 10 ’25. At $14.20 per share, LASHLEY RICHARD J sold 37,500 shares. The insider’s holdings dropped to 2,280,280 shares worth approximately $38.38 million following the completion of this transaction.
Also, LASHLEY RICHARD J sold 37,343 shares, netting a total of over 523,736 in proceeds. Following the sale of shares at $14.03 each, the insider now holds 2,317,780 shares.
Before that, LASHLEY RICHARD J had sold 157 shares from its account. In a trade valued at $2,198, the Director traded Banc of California Inc shares for $14.00 each. Upon closing the transaction, the insider’s holdings decreased to 157 shares, worth approximately $39.64 million.
As published in their initiating research note from Jefferies on May 21, 2025, Banc of California Inc [BANC] has been a Buy and the price target has been revised to $18. Analysts at JP Morgan started covering the stock with ‘”a Neutral”‘ outlook in a report released in early February. As of January 06, 2025, Wells Fargo has increased its “an Equal weight” rating to a “an Overweight” for BANC. Earlier on October 31, 2024, Barclays upgraded its rating. Their new recommendation was “an Overweight” for BANC stock which previously was a “an Equal weight”.
Analyzing BANC Stock Performance
On last trading session, Banc of California Inc [NYSE: BANC] rose 0.54% to $16.83. The stock’s lowest price that day was $16.68, but it reached a high of $16.87 in the same session. During the last five days, there has been a surge of approximately 8.16%. Over the course of the year, Banc of California Inc shares have jumped approximately 16.23%. Shares of the company reached a 52-week high of $16.87 on 08/28/25 and a 52-week low of $11.52 on 04/09/25.
Support And Resistance Levels for Banc of California Inc (BANC)
According to the 24-hour chart, there is a support level at 16.71, which, if violated, would cause prices to drop to 16.60. In the upper region, resistance lies at 16.91. The next price resistance is at 16.99. RSI (Relative Strength Index) is 73.54 on the 14-day chart, showing overbought technical sentiment.
Is Banc of California Inc subject to short interest?
Stocks of Banc of California Inc saw a sharp steep in short interest on 2025-08-15 dropping by -2.88 million shares to 11.03 million. Data from Yahoo Finance shows that the short interest on 2025-07-15 was 13.91 million shares. A decline of -26.1% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 4.31 of the overall float, the days-to-cover ratio (short ratio) decline to 4.31.
Which companies own the most shares of Banc of California Inc (BANC)?
In terms of Banc of California Inc share price expectations, FactSet research, analysts set an average price target of 16.5 in the next 12 months, down nearly -1.43% from the previous closing price of $16.74. Analysts anticipate Banc of California Inc stock to reach 19 by 2025, with the lowest price target being 15. In spite of this, 5 analysts ranked Banc of California Inc stock as Buy at the end of 2025. On October 10, 2024, Citigroup assigned a price target of “a Neutral” to the stock and initiated coverage with a $15.
