Steven Retzloff Sells Shares of STEL
Steven Retzloff, Executive Chairman, sold shares of STEL on July 1, 2026.
Key Points
- Steven Retzloff, Executive Chairman of STEL, sold shares on July 1, 2026, as part of insider trading activity.
- Shares of STEL traded near $39.32 on Wednesday, with BlackRock and Dimensional Fund Advisors adjusting their positions.
- Analysts from Keefe, Bruyette & Woods and Piper Sandler have maintained their ratings, with new price targets set.
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On July 1, 2026, Steven Retzloff, the Executive Chairman of STEL, sold shares of the company. This transaction was not part of a pre-planned trading strategy, as indicated by its classification under transaction code 'D'. This insider activity is part of a broader trend among STEL's leadership, with several executives also selling shares on the same day.
Other Institutional Activity in STEL
Institutions have also been adjusting their positions in STEL. BlackRock, Inc. increased its holdings 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 stake by 54,797 shares to 2,128,169 shares, valued at $77.91 million. Vanguard Capital Management LLC opened a new position with 2,034,503 shares valued at roughly $74.48 million. Meanwhile, Balyasny Asset Management L.P. significantly boosted its holdings by 1,224,367 shares, a 1,754% increase, to 1,294,172 shares worth $47.38 million.
Stellar Bancorp, Inc. Stock Holds Steady
Shares of STEL traded around $39.32 on Wednesday. The company does not have a meaningful P/E ratio as it isn't profitable, and its market metrics, like beta, provide insights into its volatility. Investors keep an eye on its 52-week low and high, along with the moving averages, to gauge its performance trends.
$STEL stock price
Daily closing prices, year to date. Not investment advice.
Insider Buying and Selling at Stellar Bancorp, Inc.
In addition to Steven Retzloff, several other executives sold shares on July 1, 2026. Justin Long, SEVP, GC & Secretary, sold 53,093 shares, while Joe West, Senior Executive VP, CCO, parted with 102,193 shares. Okan Akin, Senior Executive VP, CRO, sold 85,951 shares. Laura Bellows sold 2,230 shares, and Paul Egge, Senior Executive VP, CFO, sold 68,594 shares. Robert Franklin Jr, the CEO, sold 418,843 shares. None of these transactions were planned under Rule 10b5-1.
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 reflects a positive outlook compared to their previous 'hold' rating. Piper Sandler and Keefe, Bruyette & Woods have maintained their 'hold' ratings in past months, with targets ranging from $27 to $33.
Bottom Line
Insider sales at STEL, including those by Executive Chairman Steven Retzloff, are part of broader executive trading activities. Institutional investors like BlackRock and Dimensional Fund Advisors have made notable changes to their holdings, indicating varied confidence levels. Analysts continue to update their ratings and targets, providing guidance on the company's outlook. As always, these insights are backward-looking and reflect past activities rather than current positions.
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