Today, the SVP & CFO of Westamerica Bancorporation (NASDAQ: WABC), John Thorson, sold shares of WABC for $36.91K.
Over the last month, John Thorson has reported another 3 Sell trades on WABC for a total of $519.1K. Following John Thorson’s last WABC Sell transaction on May 03, 2018, the stock climbed by 0.5%.
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Based on Westamerica Bancorporation’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $46.46 million and quarterly net profit of $17.51 million. In comparison, last year the company earned revenue of $44.98 million and had a net profit of $15.05 million. WABC’s market cap is $1.49B and the company has a P/E ratio of 28.19. Currently, Westamerica Bancorporation has an average volume of 27.2K.
Three different firms, including BMO Capital and KBW, currently also have a Sell rating on the stock. Based on 4 analyst ratings, the analyst consensus is Moderate Sell with an average price target of $55.33, reflecting a 1.5% upside.
The insider sentiment on Westamerica Bancorporation has been negative according to 19 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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Westamerica Bancorp operates as a bank holding company. It provides range of banking services to individual and corporate customers in Northern and Central California.
