New insider activity at Popular ( (BPOP) ) has taken place on February 8, 2025.
EVP Gilberto Monzon recently executed a significant financial move by selling 9,600 shares of Popular stock, amassing a total of $984,672 from the transaction. This sale marks a noteworthy shift in stock holdings within the company.
Recent Updates on BPOP stock
In the last 24 hours, Popular Inc’s stock has seen a shift in its price targets by analysts, driven by strong financial performance and favorable market conditions. The company’s recent Q4 2024 earnings call highlighted significant net income growth, stable credit quality, and robust loan growth. These positive outcomes, despite challenges such as increased credit loss provisions and potential deposit outflows, have led RBC Capital to increase its price target, citing Popular’s strong capital position and the economic benefits Puerto Rico is experiencing from U.S. Government disaster relief and positive net immigration trends. Similarly, Keefe Bruyette raised their price target, acknowledging the company’s strong quarterly performance. These adjustments reflect confidence in Popular Inc’s strategic management and potential for future growth.
More about Popular
YTD Price Performance: 11.80%
Average Trading Volume: 489,055
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $7.39B
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