.jpg "Pacwest Bancorp (NASDAQ: PACW)")
Today, the EVP & CCO of Pacwest Bancorp (NASDAQ: PACW), Bryan Corsini, sold shares of PACW for $669.9K.
In addition to Bryan Corsini, 3 other PACW executives reported Sell trades in the last month.
See today’s analyst top recommended stocks >>
Based on Pacwest Bancorp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $316 million and quarterly net profit of $117 million. In comparison, last year the company earned revenue of $283 million and had a net profit of $77.67 million. The company has a one-year high of $54.86 and a one-year low of $43.08. PACW’s market cap is $6.48B and the company has a P/E ratio of 16.01.
Based on 4 analyst ratings, the analyst consensus is Strong Buy with an average price target of $60.33, reflecting a -13.8% downside.
In the last 30 days, insiders have sold $3.94M worth of PACW shares and purchased $104.5K worth of PACW shares. The insider sentiment on Pacwest Bancorp has been neutral according to 55 insider trades in the past three months. This sentiment is higher than the average sentiment of company insiders in this sector.
Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
PacWest Bancorp is a bank holding company that specializes in financial and banking solutions. Through the Pacific Western Bank, it offers commercial banking services, including real estate, construction, commercial loans, comprehensive deposit, and treasury management services to small and middle-market businesses.
