Lynda Scearcy, a director at Sierra Bancorp (NASDAQ: BSRR), sold 8,010 shares on November 3, 2026, for approximately $337,604. The shares traded at $42.1479 per share, slightly above the stock's then-current price of $41.42.
Sierra Bancorp stock has gained 43% over the past year and 30% year-to-date. The stock trades at a P/E ratio of 10.7, offers a 2.61% dividend yield, and has paid dividends for 31 consecutive years. InvestingPro data indicates the stock is overvalued relative to its Fair Value estimate.
Following the sale, Scearcy directly holds 16,272.72 shares and also holds 11,139 shares of common stock directly.
Sierra Bancorp recently reported an earnings per share beat driven by strong provision performance. Analyst Donald Feaster from Raymond James noted improvements in credit management, non-performing assets, reserve releases, and interest recoveries. Raymond James maintains a Market Perform rating on the stock.
Investors tracking BSRR should monitor whether additional insider sales emerge and watch for quarterly earnings updates on credit quality trends.