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Julie G. Castle, a director at Sierra Bancorp (NASDAQ:BSRR), recently sold 1,104 shares of the company’s common stock. The shares were sold at a price of $32.00 each, amounting to a total transaction value of $35,328. Following this sale, Castle retains direct ownership of 4,157.334 shares and an indirect ownership of a nominal 0.037 shares through the Castle Family Trust. The transaction comes as Sierra Bancorp, with a market capitalization of $435 million, has delivered an impressive 79.65% return over the past year. InvestingPro analysis suggests the stock is currently trading below its Fair Value. This transaction was reported in a Form 4 filing with the Securities and Exchange Commission, detailing the changes in Castle’s stock ownership. Sierra Bancorp is a state commercial bank headquartered in Porterville, California. The bank maintains a P/E ratio of 10.96 and offers a 3.13% dividend yield, having maintained dividend payments for 30 consecutive years. InvestingPro subscribers can access additional insights, including 5 more ProTips about Sierra Bancorp’s financial health and growth prospects.
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