Gold prices dip as hawkish Fed minutes weigh ahead of Jackson Hole
Michele M. Gil, a director at Sierra Bancorp (NASDAQ:BSRR), a $441.57 million market cap bank trading at a P/E ratio of 11.04, recently sold a small portion of her holdings in the company. According to InvestingPro data, the stock has delivered an impressive 74% return over the past year. According to a filing with the Securities and Exchange Commission, Gil sold 0.9168 shares of common stock at an average price of $30.46 per share, amounting to a total value of approximately $27. Following this transaction, Gil holds 2,493 shares directly, with an additional 2,000 shares held indirectly through Chrisman and Associates, LLC. The company, currently trading near $31.46, offers a 3.18% dividend yield and has maintained dividend payments for 30 consecutive years, according to InvestingPro analysis, which also indicates the stock is currently trading above its Fair Value.
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