Sanchez Alejandro M sold $45K of BPOP
Sanchez Alejandro M sold 300 shares of POPULAR, INC. (BPOP) at $150.36 on 2026-05-22.
POPULAR, INC.
Sanchez Alejandro M sold 300 shares of POPULAR, INC. (BPOP) at $150.36 on 2026-05-22.
A Form 144 notice indicates a proposed sale of 23,000 shares of Popular (NASDAQ: BPOP) common stock by Popular Securities, LLC, on behalf of Alfonso F. Ballester. These shares were acquired through inheritance, and the filing also reveals a prior sale of 2,360 shares by Alejandro M. Ballester for $312,700 on January 30, 2026. This notice provides transparency regarding potential future stock sales, which is important for market participants.
Wells Fargo maintained a Buy rating on Popular (BPOP) with a price target of $165.00, aligning with a Strong Buy analyst consensus and an average target of $167.38. Popular reported strong earnings for the quarter ending December 31, with revenue of $1.12 billion and net profit of $233.9 million, showing growth from the previous year. Despite positive analyst sentiment, corporate insider activity indicates a negative trend, with an increase in insider selling of BPOP shares over the past quarter.