Insider Selling: California BanCorp (NASDAQ:BCAL) President Sells $325,040.00 in Stock

Posted by on May 12th, 2026

California BanCorp (NASDAQ:BCAL – Get Free Report) President Richard Hernandez sold 17,000 shares of the firm’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $19.12, for a total value of $325,040.00. Following the transaction, the president directly owned 72,935 shares in the company, valued at approximately $1,394,517.20. This represents a 18.90% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

California BanCorp Trading Up 0.6%

Shares of NASDAQ BCAL traded up $0.11 during midday trading on Tuesday, reaching $18.71. 179,901 shares of the company were exchanged, compared to its average volume of 221,307. California BanCorp has a 1 year low of $14.07 and a 1 year high of $20.47. The stock has a fifty day simple moving average of $18.15 and a 200 day simple moving average of $18.58. The stock has a market cap of $601.53 million, a P/E ratio of 10.22 and a beta of 1.01.

California BanCorp (NASDAQ:BCAL – Get Free Report) last released its quarterly earnings results on Friday, May 8th. The company reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.01. California BanCorp had a return on equity of 10.66% and a net margin of 25.68%.The firm had revenue of $44.22 million for the quarter. As a group, analysts forecast that California BanCorp will post 1.68 earnings per share for the current year.

California BanCorp Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 24th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Tuesday, March 24th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.1%. California BanCorp’s dividend payout ratio (DPR) is currently 21.86%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on BCAL. DA Davidson raised their price target on California BanCorp from $21.50 to $22.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Zacks Research upgraded shares of California BanCorp from a “strong sell” rating to a “hold” rating in a research report on Monday, March 30th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $20.67.

View Our Latest Stock Analysis on California BanCorp

Institutional Investors Weigh In On California BanCorp

A number of hedge funds have recently added to or reduced their stakes in BCAL. Goldman Sachs Group Inc. lifted its position in California BanCorp by 1.2% in the first quarter. Goldman Sachs Group Inc. now owns 69,655 shares of the company’s stock valued at $998,000 after purchasing an additional 846 shares during the period. Empowered Funds LLC boosted its stake in shares of California BanCorp by 6.2% during the 1st quarter. Empowered Funds LLC now owns 11,969 shares of the company’s stock worth $172,000 after acquiring an additional 704 shares in the last quarter. Jane Street Group LLC purchased a new stake in shares of California BanCorp during the 1st quarter worth approximately $357,000. Creative Planning purchased a new stake in shares of California BanCorp during the 2nd quarter worth approximately $335,000. Finally, American Century Companies Inc. boosted its stake in shares of California BanCorp by 15.1% during the 2nd quarter. American Century Companies Inc. now owns 48,045 shares of the company’s stock worth $757,000 after acquiring an additional 6,298 shares in the last quarter. Institutional investors and hedge funds own 55.40% of the company’s stock.

California BanCorp Company Profile

(Get Free Report)

California BanCorp (NASDAQ:BCAL) is a bank holding company headquartered in California. Founded to address the diverse financial needs of businesses and individuals across the state, the company focuses on community-oriented banking solutions and operates under a locally based decision-making model.

Through its wholly owned banking subsidiary, California BanCorp offers a suite of deposit products including checking, savings, money market and certificate of deposit accounts. Its lending portfolio encompasses commercial and industrial loans, real estate and construction financing, as well as consumer lending products such as personal loans and home equity lines of credit.

In addition to core deposit and lending services, the company provides treasury and cash management services, online and mobile banking platforms, and merchant payment solutions designed to streamline operations for small to mid-sized enterprises.

Featured Articles

Receive News & Ratings for California BanCorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for California BanCorp and related companies with MarketBeat.com's FREE daily email newsletter.