New insider activity at Pinnacle Financial Partners ( (PNFP) ) has taken place on February 28, 2025.
In recent transactions involving Pinnacle Financial Partners stock, CEO Terry Turner sold 25,955 shares, amounting to a total of $2,933,070. Additionally, President & CEO Richard Callicutt sold 6,110 shares, with a total sale value of $690,552.
Recent Updates on PNFP stock
In the last 24 hours, Pinnacle Financial Partners has seen significant developments, particularly following its Q4 earnings call. The company reported strong financial health with notable loan and deposit growth, record hiring of revenue producers, and positive net interest income trends. These factors contributed to a positive outlook for 2025, with expectations of double-digit revenue growth. However, challenges remain, such as declining contributions from BHG and ongoing credit concerns, which necessitate focused risk management. Additionally, expenses were higher than expected due to increased incentive costs. These dynamics influenced analysts to adjust their price targets, reflecting confidence in Pinnacle’s strategic plans despite existing challenges.
More about Pinnacle Financial Partners
YTD Price Performance: -0.67%
Average Trading Volume: 464,014
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $8.77B