New insider activity at Popular ( (BPOP) ) has taken place on February 4, 2025.
Executive Vice President Luis E. Cestero has recently sold 10,000 shares of Popular stock in a transaction valued at $1,033,900.
Recent Updates on BPOP stock
Popular Inc (BPOP) has experienced notable developments following their Q4 2024 earnings report. The company’s strong financial performance, highlighted by significant net income growth, stable credit quality, and robust loan growth, has led analysts to adjust price targets upwards. RBC Capital raised its price target due to Popular’s strong capital position, benefiting from Puerto Rico’s economic growth driven by U.S. Government disaster relief and net immigration. Similarly, Keefe Bruyette increased its price target, reflecting confidence in Popular’s ability to navigate challenges such as potential deposit outflows and higher credit loss provisions. The company’s strategic focus on shareholder returns through stock repurchase and dividend increases further solidifies its positive outlook.
More about Popular
YTD Price Performance: 10.99%
Average Trading Volume: 509,079
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $7.34B