Paul Egge Sells Shares in STEL
STEL's CFO Paul Egge sold 68,594 shares on July 1, 2026.
Key Points
- Paul Egge, CFO of STEL, sold 68,594 shares on July 1, 2026, with the stock trading near $39.32.
- STEL has a market cap of $247.03 million with BlackRock holding 6,747,686 shares worth about $247.03 million.
- Keefe, Bruyette & Woods upgraded STEL to a 'buy' with a $44 target on February 3, 2026.
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Paul Egge, Senior Executive Vice President and CFO of STEL, sold 68,594 shares on July 1, 2026. The transaction was not part of a prearranged trading plan. STEL shares were trading near $39.32 on Wednesday.
Insider Buying and Selling at Stellar Bancorp, Inc.
On July 1, 2026, several STEL executives sold shares. Paul Egge, the CFO, sold 68,594 shares. Other notable transactions include Justin Long, SEVP, GC & Secretary, who sold 53,093 shares, and Robert Franklin Jr, the CEO, who sold 418,843 shares. None of these transactions were part of a prearranged plan.
Other Institutional Activity in STEL
BlackRock, Inc. increased its holdings in STEL by 10,111 shares, bringing its total to 6,747,686 shares valued at approximately $247.03 million. Dimensional Fund Advisors LP added 154,135 shares, now holding 2,499,218 shares worth about $91.49 million, marking a 6.6% increase. State Street Corp grew its position by 54,797 shares to a total of 2,128,169 shares, valued at $77.91 million, a 2.6% increase. Vanguard Capital Management LLC opened a new position with 2,034,503 shares valued at $74.48 million. Balyasny Asset Management L.P. significantly boosted its stake by 1,224,367 shares, a 1,754% increase, ending with 1,294,172 shares worth $47.38 million.
Analysts Set New Price Targets
On February 3, 2026, Keefe, Bruyette & Woods upgraded STEL to a 'buy' rating with a price target of $44. This follows a series of 'hold' ratings from the same firm over the past year. Piper Sandler has maintained a 'hold' rating with a target of $30 as of July 29, 2025. The stock's consensus rating remains mixed, with a mean target price reflecting varied analyst opinions.
Bottom Line
Paul Egge's sale of shares in STEL is part of a broader trend of insider selling at the company. Institutional investors like BlackRock and Dimensional Fund Advisors have adjusted their positions, signaling ongoing interest in STEL. Analysts have mixed views, with recent upgrades suggesting some optimism about the company's prospects. As always, these insider and institutional activities offer a snapshot of sentiment but don't predict future performance.
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