Boyer K. David Jr., an insider at Truist Financial Corp (TFC), sold 10,153 shares of company stock on November 24, 2025, at a price of $46.45 per share, resulting in a total transaction value of $472,000. Following this sale, he retains 10,153 shares of the company.
Truist Financial Corp, headquartered in Charlotte, North Carolina, is a financial holding company that provides a range of banking services to individuals, businesses, and municipalities. The firm employs 36,769 full-time staff and operates through its Consumer and Small Business Banking (CSBB) and Wholesale Banking (WB) segments. The CSBB segment offers various banking products, including loans and mortgages, while the WB segment serves commercial and institutional clients with comprehensive financial solutions.
As of November 27, 2025, Truist's market capitalisation stands at $59.2 billion, with a price-to-earnings ratio of 11.31 and an earnings per share of 3.99. The company also offers a notable dividend yield of 449.8%. Upcoming earnings are scheduled for October 16, 2026, with an estimated EPS of $1.15 and revenue of $5.5 billion.
Insider transactions are reported to the SEC and provide transparency regarding executives' views on their company's stock. While such sales may reflect various personal or financial considerations, they do not necessarily indicate negative sentiment towards the firm. Investors are advised to consider broader patterns of insider activity rather than isolated transactions when assessing these signals.