Central Pacific financial director Ngo sells $92,887 in stock

Published 12/08/2025, 22:16
Central Pacific financial director Ngo sells $92,887 in stock

Director Agnes Catherine Ngo of Central Pacific Financial Corp (NYSE:CPF), a regional bank with a market capitalization of $759 million, sold 3,333 shares of common stock on August 12, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a price of $27.869, for a total transaction value of $92,887. InvestingPro analysis indicates the stock is currently trading below its Fair Value, with shares trading at $28.03.

The price per share ranged from $27.22 to $28.14. The transaction was executed under a Rule 10b5-1 trading plan adopted by Ngo on February 3, 2025. Following the sale, Ngo indirectly holds 65,459 shares as Co-Trustee of Hines & Ngo 2000 Family Trust dtd 4/18/00.

Ngo also indirectly holds 5,886 shares through CPB Foundation. Additionally, Ngo holds various blocks of common stock, some of which are related to performance-based restricted stock units (RSUs) and time-based RSUs granted between 2014 and 2022, with vesting schedules ranging from two to five years. Trading at a P/E ratio of 12.5, the company has demonstrated strong returns over the past five years. For deeper insights and additional analysis, access the comprehensive research report available on InvestingPro.

In other recent news, Central Pacific Financial Corp. announced its second-quarter earnings for 2025, which exceeded market expectations. The company reported an earnings per share (EPS) of $0.67, surpassing the forecasted $0.64. Additionally, Central Pacific Financial’s revenue reached $72.81 million, outpacing the anticipated $71.8 million. These results highlight a stronger-than-expected financial performance for the quarter. Despite the positive earnings and revenue figures, the stock’s movement did not reflect the upbeat results. Analyst firms have yet to provide updates regarding any changes in stock ratings following these announcements. Investors continue to monitor the company’s developments closely. These recent developments underscore Central Pacific Financial’s ability to outperform market predictions.

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