The SEVP of Pacific Premier Bancorp (NASDAQ: PPBI) is Selling Shares

By Carrie Williams

Yesterday, the SEVP of Pacific Premier Bancorp (PPBIResearch Report), Tom Rice, sold shares of PPBI for $203K.

In addition to Tom Rice, 4 other PPBI executives reported Sell trades in the last month.

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Based on Pacific Premier Bancorp’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $144 million and quarterly net profit of $40.94 million. In comparison, last year the company earned revenue of $136 million and had a net profit of $28.39 million. The company has a one-year high of $34.90 and a one-year low of $23.01. Currently, Pacific Premier Bancorp has an average volume of 391.70K.

The insider sentiment on Pacific Premier Bancorp has been negative according to 57 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Pacific Premier Bancorp, Inc. operates as a bank holding company, which engages in the provision of banking services through its subsidiary, Pacific Premier Bank. It offers deposit products and services for business and consumer customers, including checking, money market and savings accounts, cash management services, electronic banking, and on-line bill payment. The company was founded in 1997 and is headquartered in Irvine, CA.