Rep. Gilbert Ray Cisneros, Jr. Sells Pacific Premier Bancorp Inc (NASDAQ:PPBI) Stock

Representative Gilbert Ray Cisneros, Jr. (D-California) recently sold shares of Pacific Premier Bancorp Inc (NASDAQ:PPBI). In a filing disclosed on July 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Pacific Premier Bancorp stock on June 16th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of SpringWorks Therapeutics (NASDAQ:SWTX) on 7/1/2025.
• Purchased $1,001 – $15,000 in shares of AppLovin (NASDAQ:APP) on 7/1/2025.
• Sold $1,001 – $15,000 in shares of Amdocs (NASDAQ:DOX) on 6/30/2025.
• Purchased $1,001 – $15,000 in shares of CoStar Group (NASDAQ:CSGP) on 6/30/2025.
• Purchased $15,001 – $50,000 in shares of CoStar Group (NASDAQ:CSGP) on 6/27/2025.
• Purchased $1,001 – $15,000 in shares of Xiaomi (OTCMKTS:XIACF) on 6/27/2025.
• Sold $1,001 – $15,000 in shares of ASML (NASDAQ:ASML) on 6/27/2025.
• Sold $1,001 – $15,000 in shares of Willis Towers Watson Public (NASDAQ:WTW) on 6/26/2025.
• Sold $1,001 – $15,000 in shares of Boston Scientific (NYSE:BSX) on 6/26/2025.
• Sold $1,001 – $15,000 in shares of Liberty Media Corporation – Liberty Formula One Series C (NASDAQ:FWONK) on 6/26/2025.

Pacific Premier Bancorp Stock Up 6.7%

NASDAQ PPBI opened at $22.57 on Monday. Pacific Premier Bancorp Inc has a 1-year low of $18.06 and a 1-year high of $30.28. The company has a market capitalization of $2.19 billion, a price-to-earnings ratio of 15.89 and a beta of 1.16. The stock’s 50 day moving average is $21.57 and its two-hundred day moving average is $22.17. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.04.

Pacific Premier Bancorp (NASDAQ:PPBI) last announced its quarterly earnings results on Thursday, July 24th. The financial services provider reported $0.39 EPS for the quarter, beating the consensus estimate of $0.34 by $0.05. Pacific Premier Bancorp had a return on equity of 4.85% and a net margin of 16.13%. The business had revenue of $145.64 million for the quarter, compared to analyst estimates of $147.67 million. During the same quarter in the previous year, the firm earned $0.43 EPS. Equities analysts forecast that Pacific Premier Bancorp Inc will post 1.34 earnings per share for the current fiscal year.

Pacific Premier Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 15th. Shareholders of record on Tuesday, August 5th will be paid a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 5.85%. The ex-dividend date of this dividend is Tuesday, August 5th. Pacific Premier Bancorp’s dividend payout ratio is 92.96%.

Hedge Funds Weigh In On Pacific Premier Bancorp

Institutional investors have recently bought and sold shares of the business. Nuveen LLC bought a new position in shares of Pacific Premier Bancorp in the first quarter valued at about $27,156,000. AQR Capital Management LLC grew its holdings in Pacific Premier Bancorp by 1,506.0% during the 1st quarter. AQR Capital Management LLC now owns 509,897 shares of the financial services provider’s stock worth $10,871,000 after acquiring an additional 478,147 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Pacific Premier Bancorp in the 4th quarter valued at about $8,720,000. Jane Street Group LLC bought a new position in shares of Pacific Premier Bancorp in the first quarter worth about $7,338,000. Finally, Beacon Pointe Advisors LLC bought a new position in shares of Pacific Premier Bancorp in the fourth quarter worth about $7,798,000. Institutional investors own 93.11% of the company’s stock.

Insider Activity

In other news, COO Edward Earl Wilcox sold 14,500 shares of the stock in a transaction that occurred on Thursday, May 1st. The shares were sold at an average price of $20.28, for a total transaction of $294,060.00. Following the sale, the chief operating officer directly owned 140,283 shares of the company’s stock, valued at $2,844,939.24. This represents a 9.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 2.29% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently commented on PPBI. DA Davidson downgraded shares of Pacific Premier Bancorp from a “strong-buy” rating to a “hold” rating in a research note on Thursday, April 24th. Wall Street Zen began coverage on shares of Pacific Premier Bancorp in a research report on Thursday, May 22nd. They issued a “sell” rating on the stock.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About Pacific Premier Bancorp

Pacific Premier Bancorp, Inc operates as the bank holding company for Pacific Premier Bank that provides various banking products and services in the United States. The company accepts deposit products, which includes checking, money market, savings accounts, and certificates of deposit. Its loan portfolio includes commercial real estate owner and non-owner-occupied, multifamily, construction and land, franchise real estate secured, and small business administration (SBA); revolving lines of credit, term loans, seasonal loans, and loans secured by liquid collateral; one-to-four family and home equity lines of credit loans; and small balance personal unsecured loans and savings account secured loans.