Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Banc of California Inc shares valued at $73,710,000 were sold by WARBURG PINCUS LLC on Sep 05 ’25. At $16.38 per share, WARBURG PINCUS LLC sold 4,500,000 shares. The insider’s holdings dropped to 4,297,470 shares worth approximately $72.71 million following the completion of this transaction.
Also, WARBURG PINCUS LLC sold 1,150,000 shares, netting a total of over 18,837,000 in proceeds. Following the sale of shares at $16.38 each, the insider now holds 3,147,470 shares.
Before that, WARBURG PINCUS LLC had sold 4,500,000 shares from its account. In a trade valued at $73,710,000, the Director traded Banc of California Inc shares for $16.38 each. Upon closing the transaction, the insider’s holdings decreased to 4,500,000 shares, worth approximately $72.71 million.
As published in a research note from JP Morgan on October 01, 2025, Banc of California Inc [BANC] has been rated up from a Neutral to an Overweight and the price target has been revised to $20. Analysts at Jefferies started covering the stock with ‘”a Buy”‘ outlook in a report released in late May. As of February 07, 2025, JP Morgan has initiated its “Neutral” rating for BANC. Earlier on January 06, 2025, Wells Fargo 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 1.87% to $16.92. The stock’s lowest price that day was $16.535, but it reached a high of $16.935 in the same session. During the last five days, there has been a surge of approximately 1.87%. Over the course of the year, Banc of California Inc shares have jumped approximately 14.87%. Shares of the company reached a 52-week high of $17.22 on 09/05/25 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 16.66, which, if violated, would cause prices to drop to 16.39. In the upper region, resistance lies at 17.06. The next price resistance is at 17.20. RSI (Relative Strength Index) is 60.53 on the 14-day chart, showing neutral 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 2025-09-15 dropping by -0.13 million shares to 10.9 million. Data from Yahoo Finance shows that the short interest on 2025-08-15 was 11.03 million shares. A decline of -1.17% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 5.24 of the overall float, the days-to-cover ratio (short ratio) decline to 5.24.
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 -0.66% from the previous closing price of $16.61. 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 31, 2024, Barclays assigned a price target of “an Overweight” to the stock and upgraded coverage with a $18.
