Insider Selling: HomeTrust Bancshares (NYSE:HTB) CEO Sells 20,000 Shares of Stock

Key Points

• CEO sold 20,000 shares: Hunter Westbrook sold 20,000 HTB shares on May 1 at an average $45.65 for $913,000, cutting his stake by 15.89% to 105,828 shares (≈$4.83M).
• Dividend increased: The quarterly dividend was raised from $0.13 to $0.15 (annualized $0.60), yielding about 1.3% with an ex-dividend date of May 14 and payment on May 28.
• Market and analyst view: HTB trades around $45.74 with a $769M market cap and 11.82 PE, and carries a consensus rating of Moderate Buy with a $47.00 target.

HomeTrust Bancshares, Inc. (NYSE:HTB - Get Free Report) CEO Hunter Westbrook sold 20,000 shares of the business's stock in a transaction on Friday, May 1st. The stock was sold at an average price of $45.65, for a total transaction of $913,000.00. Following the transaction, the chief executive officer directly owned 105,828 shares of the company's stock, valued at approximately $4,831,048.20. This represents a 15.89% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

HomeTrust Bancshares Trading Up 0.4%

HomeTrust Bancshares stock traded up $0.20 on Tuesday, reaching $45.74. 24,877 shares of the stock were exchanged, compared to its average volume of 73,550. The firm has a market cap of $769.35 million, a PE ratio of 11.82 and a beta of 0.82. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.05 and a current ratio of 1.11. HomeTrust Bancshares, Inc. has a twelve month low of $34.66 and a twelve month high of $47.64. The company's fifty day moving average is $43.53.

HomeTrust Bancshares Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 28th. Stockholders of record on Thursday, May 14th will be given a $0.15 dividend. This is a positive change from HomeTrust Bancshares's previous quarterly dividend of $0.13. This represents a $0.60 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Thursday, May 14th. HomeTrust Bancshares's dividend payout ratio (DPR) is currently 13.44%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. AMG National Trust Bank acquired a new position in HomeTrust Bancshares during the first quarter worth $288,000. Equitable Trust Co. acquired a new stake in shares of HomeTrust Bancshares in the 1st quarter valued at $329,000. Strs Ohio acquired a new stake in shares of HomeTrust Bancshares in the 1st quarter valued at $606,000. Rosenthal Henry Capital Advisors Inc. acquired a new stake in shares of HomeTrust Bancshares in the 1st quarter valued at $2,135,000. Finally, CrossGen Wealth LLC acquired a new stake in shares of HomeTrust Bancshares in the 1st quarter valued at $91,000. 60.94% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Wall Street Zen raised HomeTrust Bancshares from a "sell" rating to a "hold" rating in a research report on Saturday, April 4th. Hovde Group increased their price objective on HomeTrust Bancshares from $46.50 to $47.00 and gave the company a "market perform" rating in a research report on Friday, April 24th. Finally, Weiss Ratings assumed coverage on HomeTrust Bancshares in a research report on Wednesday, January 14th. They issued a "buy (b)" rating for the company. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $47.00.

HomeTrust Bancshares Company Profile

HomeTrust Bancshares, Inc is the bank holding company for HomeTrust Bank, a regional community bank that provides a range of commercial and consumer banking services. Through its subsidiary bank, the company offers traditional deposit and lending products, including checking and savings accounts, certificates of deposit, residential mortgages, home equity lending, and business loans. HomeTrust also delivers treasury management and payment services for small and midsize businesses, along with digital banking tools to support day-to-day account access and payments.

The company’s product set extends beyond core banking to include wealth management and trust services, commercial real estate financing, and specialized lending for agriculture and construction where relevant to local markets.

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