Truist Financial director Boyer disposes of $202,090 in stock By Investing.com

K. David Boyer Jr., a director at Truist Financial Corp (), sold common stock totaling $202,090 on July 23, 2026, according to a recent SEC filing.

The transaction involved the disposal of 3,986 shares of Truist Financial common stock at a price of $50.7 per share. The stock currently trades at $51.93, near its 52-week high of $56.20, with a market capitalization of $63.48 billion. According to InvestingPro analysis, the stock appears overvalued at current levels, trading at a P/E ratio of 11.93.

Following this sale, Mr. Boyer directly holds 10,270.342 shares of Truist Financial common stock. Notably, Truist has maintained dividend payments for 54 consecutive years and currently offers a 4.02% dividend yield, according to InvestingPro data, which provides comprehensive analysis through its Pro Research Report covering TFC and 1,400+ other US equities. This figure includes 50.669 shares acquired between March and June 2026 through the company’s Dividend Reinvestment Plan. Additionally, Mr. Boyer indirectly holds 4,070.94 shares through a trust.

The Form 4 filing was signed by Carla Brenwald, Attorney-in-fact, on July 27, 2026.

In other recent news, Truist Financial reported second-quarter earnings per share of $1.23, surpassing Wall Street’s estimate of $1.08. The company also saw its revenue increase to $5.27 billion, exceeding expectations of $5.24 billion. Despite these positive earnings results, Truist Financial has faced challenges, as JPMorgan downgraded its stock rating to Underweight from Neutral, citing pressures on net interest income due to deposit and loan spread issues. The firm also lowered its price target to $53.00 from $53.50.

Stephens, on the other hand, maintained an Overweight stock rating for Truist Financial, though it adjusted its price target to $57 from $59. The bank’s second-quarter operating earnings per share outperformed both Stephens’ estimate and the consensus, with pre-provision net revenue reaching $2.25 billion. However, Truist Financial has lowered its net interest income outlook for the second consecutive quarter, reflecting ongoing challenges in the current economic environment. These developments highlight the mixed reactions from analysts regarding the company’s financial performance and future prospects.

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