Justin Long Offloads STEL Shares
Justin Long, a top executive at STEL, sold over 53,000 shares on July 1, 2026.
Key Points
- Justin Long, SEVP, GC & Secretary of STEL, sold 53,093 shares on July 1, 2026.
- STEL shares traded around $39.32 on Wednesday, with recent analyst upgrades from Keefe, Bruyette & Woods.
- Major funds like BlackRock and Dimensional Fund Advisors have adjusted their STEL holdings recently.
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Justin Long, Senior Executive Vice President, General Counsel, and Secretary of STEL, sold 53,093 shares on July 1, 2026. This transaction was not part of a pre-planned trading scheme. Shares of STEL traded around $39.32 on Wednesday.
Insider Buying and Selling at Stellar Bancorp, Inc.
On July 1, 2026, several insiders at STEL sold shares. Justin Long, the SEVP, GC & Secretary, sold 53,093 shares. Joe West, Senior Executive VP and CCO, sold 102,193 shares. Okan Akin, SEVP and CRO, sold 85,951 shares. Laura Bellows sold 2,230 shares, while Paul Egge, Senior Executive VP and CFO, sold 68,594 shares. Robert Franklin Jr., the CEO, sold 418,843 shares.
Other Institutional Activity in STEL
BlackRock, Inc. increased its holdings in STEL by 10,111 shares to a total of 6,747,686 shares, valued at about $247.03 million. Dimensional Fund Advisors LP grew its stake by 154,135 shares, ending with 2,499,218 shares worth approximately $91.49 million, marking a 6.6% increase. State Street Corp added 54,797 shares to hold 2,128,169 shares valued at $77.91 million, a 2.6% rise. Vanguard Capital Management LLC opened a new position with 2,034,503 shares valued at $74.48 million. Balyasny Asset Management L.P. significantly increased its position by 1,224,367 shares, now holding 1,294,172 shares worth $47.38 million, a substantial 1,754% increase.
Analysts Set New Price Targets
On February 3, 2026, Keefe, Bruyette & Woods upgraded STEL to a 'buy' rating with a price target of $44. Raymond James reiterated a 'buy' rating with a $31 target on February 3, 2025. Piper Sandler maintained a 'hold' rating with a $30 target on July 29, 2025. The consensus among analysts is a 'hold' recommendation with an average target price of $33 based on multiple opinions.
Bottom Line
The sale of shares by Justin Long and other executives at STEL on July 1, 2026, is notable. The stock traded around $39.32 on Wednesday, with analyst firms like Keefe, Bruyette & Woods recently upgrading their outlook. Institutional investors have also been active, adjusting their positions in STEL.
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