Sierra Bancorp Director Sells 8,010 Shares

Sierra Bancorp director Lynda Scearcy sold 8,010 shares for about $337,622 on Nov. 3, after selling another 5,850 shares on Oct. 29; she retained 16,273 shares. The company’s CFO and COO, Christopher G. Treece, is scheduled to meet with investors at the Hovde Investor Conference in Orlando from Nov. 4 to 6. Analysts’ views are mixed but lean positive, with two hold ratings, two buy ratings and one strong-buy rating; the article reports an average one-year price target of $43.75. Sierra Bancorp’s latest quarterly results also beat expectations, with earnings of $1.18 per share versus estimates of 91 cents and revenue of $40.08 million versus estimates of $39.23 million.