Joe Swinbank Sells Shares of STEL

Joe Swinbank recently sold 333,310 shares of STEL on July 1, 2026. This transaction involved no pre-specified trading plan. The sale comes amid similar actions by other insiders.

Other Institutional Activity in STEL

BlackRock, Inc. increased its holdings by 10,111 shares, bringing its total to 6,747,686 shares worth approximately $247 million. Dimensional Fund Advisors LP added 154,135 shares, ending with 2,499,218 shares valued at about $91.5 million, marking a 6.6% increase. State Street Corp grew its position by 54,797 shares, now holding 2,128,169 shares worth around $77.9 million, a 2.6% rise. Vanguard Capital Management LLC initiated a new stake, acquiring 2,034,503 shares valued at approximately $74.5 million. Balyasny Asset Management L.P. significantly increased its stake by 1,224,367 shares, now holding 1,294,172 shares worth about $47.4 million, a 1,754% increase.

Stellar Bancorp, Inc. Stock Holds Steady

On Wednesday, STEL shares traded near $39.32. The company has a market capitalization of approximately $2.5 billion. The stock's 52-week range is between $30.00 and $45.00. It has a 50-day moving average of $38.00 and a 200-day moving average of $36.50.

Insider Buying and Selling at Stellar Bancorp, Inc.

Alongside Joe Swinbank's sale, several other insiders sold shares on July 1, 2026. Justin Long, Senior Executive Vice President, sold 53,093 shares. Joe West, Senior Executive Vice President, Chief Compliance Officer, offloaded 102,193 shares. Okan Akin, Senior Executive Vice President, Chief Risk Officer, sold 85,951 shares. Paul Egge, Senior Executive Vice President, Chief Financial Officer, parted with 68,594 shares. Robert Franklin Jr., Chief Executive Officer, sold 418,843 shares.

Analysts Set New Price Targets

On February 3, 2026, Keefe, Bruyette & Woods upgraded STEL to a "buy" rating with a price target of $44. Previously, on October 27, 2025, the same firm maintained a "hold" rating with a $33 target. Piper Sandler maintained a "hold" rating with a $30 target on July 29, 2025. The consensus among analysts is a "hold" rating, with an average price target of $35, based on multiple analyst opinions.

Bottom Line

Joe Swinbank's recent sale of STEL shares adds to a series of insider transactions at the company. Investors often track such insider activity for potential insights. This sale does not necessarily indicate a bearish outlook, as insiders may sell shares for various reasons. Keep in mind, insider transactions are reported after the fact, and may not reflect current positions.