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George J. Guarini, the President and CEO of BayCom Corp (NASDAQ:BCML), recently sold a significant portion of his shares in the company. According to a filing with the SEC, Guarini sold 27,000 shares of BayCom Corp common stock on March 3, 2025. The shares were sold at a price of $27.50 each, totaling $742,500. The transaction occurred as BayCom’s stock has shown strong momentum, delivering a 41% return over the past year and maintaining a "GOOD" Financial Health score according to InvestingPro analysis.
Following this transaction, Guarini holds 46,759 shares in the company. The sale was part of a negotiation related to a separation of assets in anticipation of divorce, as noted in the filing. Despite the insider sale, BayCom remains profitable with a P/E ratio of ~13 and has maintained a three-year consecutive dividend growth streak. InvestingPro analysis suggests the stock is currently undervalued, with additional insights available to subscribers.
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